Intraday Strategies for Beginner Traders on September 19
Intraday Strategies for Beginner Traders on September 19
The US dollar quickly regained the
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The US dollar quickly regained the upper hand, indicating the presence of major buyers in the market even though the Federal Reserve cut interest rates the previous day.Apparently, without a good correction in risk assets, another move to the upside will be hard to achieve. Strong Philadelphia Manufacturing Index numbers gave the dollar a boost. Traders, encouraged by the unexpectedly high readings, rushed to buy the US currency, viewing it as a sign of strengthening in the US economy. The
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