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Forex Today: Dollar set to extend losses on Friday

3 days ago   |   By FXCM

Wh at you need to know on Friday, April 9:
The greenback fell against all of its major rivals but the pound. Dovish comments from Federal Reserve chief Powell, subdued government bond yields and poor US employment-related data weighed on the American currency.
The GBP/USD pair held at the lower end of its weekly range, extending its slide by a few pips to 1.3718 and settling in the 1.3740 area. Concerns surrounding the AstraZeneca vaccine keep weighing on sterling, as the EMA found a “rare link” between the jab and blood clots. Nevertheless, the UK has given at least one dose of a...
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