Level and Target Adjustments for the U.S. Session – August 5th
Level and Target Adjustments for the U.S. Session – August 5th
Today, the British pound was traded
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Today, the British pound was traded using the Mean Reversion strategy, while the Japanese yen could be traded using a Momentum approach.The Eurozone Services PMI for July was revised downward, which put pressure on the euro in the first half of the day. The final index reading published by S&P Global came in at 51.0, below the preliminary estimate. This indicates a slowdown in growth in the services sector, which is a key driver of the euro area economy. While
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