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Trade ideas thread - European session 7 June 2023
It's looking to be a rather slow and choppy week as markets are beginning an early countdown to the US CPI and FOMC meeting decision next week. The dollar is still in a decent spot but the trading ranges so far this week are leaving a lot to be desired.AUD/USD is perhaps the only standout with the pair running into resistance from its 200-day moving average at 0.6690. Besides that, lower Treasury yields is making it tough for the dollar to gain much traction with USD/JPY anchored just below 140...
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Posted: Jun 7 2023, 05:34
Author Name: forexlive
Views: 112549