Currently re-testing last weeks high, looking to trade a bounce or break of this level. US dollar still weak with mixed data for today. ADP jobs numbers worse than expected but PMI better than expected, and still uncertainty with the US stimulus deal but its unclear to me if markets care about any of this with central banks ready and willing to print more money at will. Maybe this explains why people are losing confidence in the dollar, but who knows. Its clear though that right now the dollar is in a struggle. The dollar did rally at the end of last week but I still think it can reach 1.2000.
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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.