EURUSD Sellers have an advantage towards Trump's Inauguration
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After carefully following up on US and EURO Zone data. We can positively say that the data has been favorable to the dollar. As at now the Fed has reduced the number of expected cuts this yr while ECB maintains a dovish tone promising a series of cuts even if they are not to be consistent. Also we have seen the NFP Data high and unemployment declining. If Trump maintains his stand on tariffs we should expect the EURO to be hurt.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.