Ever since the middle of last week, the dollar has shown some stability in the forex trading market, especially since many of the other major currencies have been quite risky. To begin the week on August 16th, the dollar continued to be a safe zone for investors, causing the greenback to gain against some of [...]
Against most of the forex trading currencies, the dollar remained mostly the same, although the dollar traded with mixed results. This was due to the anxiety felt about the anticipated NFP data. As for the Initial Jobless Claims, it was worse than the expected, at 479k versus the anticipated 455k. The Unemployment Rate is anticipated [...]
After posting losses against most of the majors for a number of consecutive days, the US dollar has gotten some help from strong economic data. On August 5th, the US dollar was supported by better than expected ADP Non-Farm Employment Change, which came out at 42k, a whopping 17k improvement over the expected 25k. As [...]
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