The USD remains a bullish currency in the longer-term, however the lack of a confirmed rise in core inflation and a cautiously neutral Fed have induced bearish sentiment on the USD in the short term. Dollar weakness is likely to continue until we get some solid tier one US data.
USD Analysis...
We currently do not have any pending trade call. However, we are awaiting for US data. Please watch my weekly Forex news events overview here in order to learn how to interpret it.
Current Sentiment:
Yesterday's US session saw the dollar regain about half of the losses that were made earlier...
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