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Russell 2000 Technical Analysis

The recent release of the NFP data, despite revealing concerning factors such as a higher unemployment rate and lower average weekly hours, hasn't had a significant impact on the Russell 2000. The labour market has remained resilient, albeit slightly looser, which might eventually result in lower inflation without causing severe harm to the economy. Furthermore, the underperformance of the ISM Services PMI hasn't affected the market either. In fact, the sub-index indicating lower prices paid has... Read More

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Content Topics

Russell

2000

Technical

Analysis

Forex

Posted: Jun 12 2023, 09:08

Author Name: forexlive

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