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The US Dollar rose broadly Thursday as markets responded to a decision by President Donald Trump to up the ante in the so called trade war with an increase in tariffs the White House intends to levy on close to half China's exports to the US, opening the door to a possible retaliation and fresh unease for financial markets.
August 2,2018
Most technicians see further downside as more likely with GBP/USD forming a bearish candle in the sellzone. But other indicators tell a different story, cautioning against an overlly bearish stance
August 1,2018
For the Dollar, not much volatility is expected from today's Federal Reserve meeting (Fed) as the US central bank is not expected to raise interest rates so soon after it hiked in June and recieived wisdom says it would take another hike or similarly bold move to push the US Dollar higher.
August 1,2018
The US Dollar reversed earlier losses and climbed higher Tuesday after official data showed US consumers opening their wallets to an even greater extent than economists had previously during June, placing the economy on the front foot at the start of the third-quarter.
July 31,2018
US Dollar likely to remain strong as the US economy unilaterally exits the 'new normal' and President Trump powerless over Fed policy argues Muhamed A. El- Erian.
July 31,2018
The Dollar eased lower Monday but analysts are divided as ever on the outlook for the US currency, which will be tested this week by the outcomes of several central bank meetings and stretched institutional positioning that is beginning to tilt against the greenback.
July 30,2018
GBP/USD's trend lower is still intact but lack of momentum raises question-marks, should it manage to break below the 1.2958 lows, however, it is likely to fall to several obstacles in the 1.28s.
July 29,2018
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