The dollar slid against most currencies in choppy, thin trading on Friday as data signaled - GEPLCapital
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News / Other data
* The dollar was flat on Tuesday after China said it would scrap its COVID-19 quarantine rule for inbound travelers - a major step in reopening its borders, even as COVID cases spike.
* 2022 saw the EUR/USD pair return below parity, with a low of 0.9535 on September 28, not only the low for the year but also the lowest mark since June 2002, more than 20 years ago.
* The Russian rouble strengthened sharply in a volatile session on Monday, recovering some ground after its largest weekly slump since early July on fears over the impact of oil and gas sanctions on Russia's export revenue.
* The dollar slid against most currencies in choppy, thin trading on Friday as data signaled that the U.S. economy is cooling a bit, reinforcing expectations of smaller interest rate increases from the Federal Reserve and improving investors' risk appetite.
* Iran's currency hovered near a historic low against the U.S. dollar on the unofficial foreign exchange market on Friday amid renewed street protests in the restive southeast, where a prominent dissident Sunni Muslim cleric denounced a bloody crackdown on street demonstrations.
* Withdrawing cash to pay for wine at Zagreb's Christmas Market is no easy task as the country readies to introduce the euro on Jan. 1, including preparing ATM cash machines by leaving only a third of them able to dispense the national kuna currency.
Data inference
* No Major Event.
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