Intraday Strategies for Beginner Traders on June 5
Intraday Strategies for Beginner Traders on June 5
The euro and pound continued to
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The euro and pound continued to rise, along with other risky assets, while the US dollar weakened, which is not surprising - especially given such data.Weak ADP employment data and poor ISM services activity figures were the main reasons for the dollar's sharp decline. Traders, concerned about a potential recession in the US economy due to tariffs, rushed to dispose of dollar assets, shifting instead into what they consider safer European assets.This trend intensified amid expectations regarding the Federal Reserve's
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