The US dollar has opened the week on the back foot, extending Friday’s heavy sell-off. Fed speak and the latest look at US inflation are the main price catalysts this week.
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The US dollar has opened the week on the back foot, extending Friday’s heavy sell-off. Fed speak and the latest look at US inflation are the main price catalysts this week.
from DailyFX – Market News https://bit.ly/3WHjriw
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Learn how to calculate and implement currency carry trades in your forex trading strategy.
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The pair has returned to parity buoyed by continued dollar weakness. Have we already seen the YTD low?
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GBP/USD trades higher after the dollar selloff but dismal GDP forecasts for Q3 and an aggressive Fed suggests the counter-trend move may be short-lived
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Forex trading is short for foreign exchange, often called ‘FX’ and focuses on the exchange of one currency for another.
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