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Hi Traders,
There are some major fundamental events in the next week: FED meeting, Non-farm data and French presidential election at the next weekend ... These fundamental data should have a big impact on USD. Below is currency index in april 2017 (Data on Dukascopy site): GBP >> EUR >> CHF >> USD >> JPY. USD and JPY are the weakest currency vs GBP and EUR are the strongest. Can USD reverse current down - trend?
Also the commodity dollar (AUD, NZD, CAD) are the weakest. I'm going to sell these currency vs USD and EUR in the next month.
There are some major fundamental events in the next week: FED meeting, Non-farm data and French presidential election at the next weekend ... These fundamental data should have a big impact on USD. Below is currency index in april 2017 (Data on Dukascopy site): GBP >> EUR >> CHF >> USD >> JPY. USD and JPY are the weakest currency vs GBP and EUR are the strongest. Can USD reverse current down - trend?
Also the commodity dollar (AUD, NZD, CAD) are the weakest. I'm going to sell these currency vs USD and EUR in the next month.
