# Dollar edges higher in range-bound holiday markets

> The dollar crept higher in a quiet post-Thanksgiving session but stayed near multi-month lows. The euro traded around $1.04, near a four-month high reached in mid-November, as markets anticipated the Fed slowing its tightening pace.

- Date: 2022-12-01 · published 2022-12-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38844-dollar-edges-higher-in-range-bound-holiday-markets
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Dollar weakness near multi-month lows supports dollar-priced feed commodities, though thin holiday liquidity limits the price signal.

## Read by commodity

- DXY: neutral
- EURUSD: neutral

## Sources

- cnbc.com: https://www.cnbc.com/2022/11/24/dollar-slips-as-risk-sentiment-improves-after-fed-minutes.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.