Intraday Strategies for Beginner Traders on June 12

Intraday Strategies for Beginner Traders on June 12

Back Forecast

Back Forecast

Intraday Strategies for Beginner Traders on June 12

The Euro, Pound, Yen, and Other

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12.06.2025 08:22 AM

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The Euro, Pound, Yen, and Other Currencies Soar Against the U.S. Dollar — And There Were Objective Reasons for ItFollowing the release of inflation data that came in below economists' forecasts, the U.S. dollar quickly lost ground, allowing the euro, pound, and other risk-related assets to strengthen. Traders interpreted the report as a signal of a potential continuation of the Federal Reserve's interest rate cut cycle, thereby reducing the dollar's appeal. However, despite the markets' positive response, some caution remains.

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