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US data still the one to watch for broader market implications

US data still the one to watch for broader market implications
It's a sensitive time in the market, especially for bonds and the dollar, as evident by the reaction to yesterday's ADP employment data. Right now, the sharks are out for blood and if there is any further signs of weakness in the US economy, that is enough for traders to pile on the misery for the greenback and keep the bid in bonds this week.There is a reason why broader markets have been rather quiet all through European trading this week before things pick up later in the day when North Ameri... Read More
Posted: Aug 31 2023, 05:13
Author Name: forexlive
Views: 092023

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