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Trade ideas thread - European session 3 August 2023

Trade ideas thread - European session 3 August 2023
And so the dollar marches on, brushing aside the news that Fitch has downgraded the US credit rating yesterday. A more dour risk mood certainly helped, alongside higher yields after the hot ADP employment data.This is seeing USD/JPY keep up the march towards 145.00 and AUD/USD is breaking down towards key support at 0.6500 next. Besides that, EUR/USD is also running close to testing its 100-day moving average of 1.0915 again and GBP/USD could be on its way to retest the end-June lows near 1.2590... Read More
Posted: Aug 3 2023, 04:58
Author Name: forexlive
Views: 080790

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