Intraday Strategies for Beginner Traders on September 25
Intraday Strategies for Beginner Traders on September 25
The US dollar continued its rise
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The US dollar continued its rise against a range of risk assets, indicating sustained demand and trader concerns about future Federal Reserve policy.Strong data on US new home sales contributed to further dollar strength. Traders revised their forecasts on future Fed policy, expecting the central bank to keep rates higher for longer than previously thought. This increased the dollar's appeal as a more profitable and reliable asset. Meanwhile, the impact was strongly felt on European markets. The euro noticeably declined
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