Asian Session – Dollar gives up earlier gains but still bullish after Bullard comments
Posted on July 21, 2015 at 7:28 am GMTThe dollar made steady gains in early Asian trading but dropped back later in the session. Comments from St. Louis Fed President James Bullard on Monday that there’s more than a 50% chance that the Federal Reserve will raise rates in September lifted the dollar index to new 3-month highs. The euro meanwhile was steady near 3-month lows against the dollar on the absence of any major data. The Greek debt crisis appears to have abated for now as Greece [..]