Last week, investors continued to look for risky assets and were selling U.S. dollars. The global reserve currency depreciated to its lowest point during Friday's trading session, which was last recorded only in May 2018.
Economic data in the U.S. varied. The change i
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Last week the foreign exchange market showed consistent trends and the U.S. dollar depreciated on all trading days and reached its lowest point since September 2018.
In the world's largest economy, the data has been mixed and has given investors reason to worry about
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Market optimism prevailed last week and investors were buyers of risky assets. This led to mass investor withdrawal from the U.S. dollar, which adjusted to a level of support last reached in March and early June, suggesting that the quarterly lows are being re-tested an
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Optimism persisted in the markets last week, prompting investors to remain buyers of riskier assets and the U.S. dollar to depreciate. While market participants maintain high risk appetite, economic data and virus numbers remain too ambiguous to support this trend.
U.
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Following a return of optimism in the markets last week, the U.S. dollar underwent a correction. Generally investors have increased their risk appetite, leading to a withdrawal of capital from safer assets, including the global reserve currency.
Economic data from the U
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