The U.S. dollar started positively last week and tried to break through the upper range of the consolidation trade channel in the early days, but with no success. Later, sentiment in all markets improved, optimism returned, which led to a correction of the U.S.
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Last week the global reserve currency showed a consolidation sentiment and trading was at a several years' low. The U.S. President announced during a weekend press conference that he would sign an executive order temporarily eliminating the payroll tax, continue
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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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