Intraday Strategies for Beginner Traders on August 22
Intraday Strategies for Beginner Traders on August 22
The euro, the pound, and other
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The euro, the pound, and other risk assets fell against the US dollar as yesterday's exceptionally strong data on US economic activity heightened concerns that the Federal Reserve will continue to pursue a restrictive interest rate policy.The outstanding US PMI data, which turned out much better than economists' forecasts, supported the dollar yesterday. The Manufacturing PMI surged to 53.3, beating expectations of 50.0, while the Services PMI reached 55.4, also exceeding projections. These figures indicate that the US economy remains
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