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Dollar mildly softer on the day but still holding its ground this week

It's one of those summer days in Europe as markets are keeping quiet but the dollar is mildly softer across the board. It isn't much in the context of trading ranges this week and it is likely to keep that way until we get to the US CPI report tomorrow.But at least there are some interesting bits and pieces on the charts to take note of. Let's take a look.Firstly, EUR/USD is consolidating its downtrend from the middle of last month just below the 1.1000 mark. The key support level to watch in al... Read More

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Posted: Aug 9 2023, 07:53

Author Name: forexlive

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