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If Stronger than Expected Inflation, Consumption, and Jobs Didn't Lift the Greenback, What Will?
The dollar had a rough week. Despite a series of economic data showing that the US economy was surging by more than expected, the greenback failed to muster any traction and fell against all the major currencies and most emerging market currencies. The US 10-year yield tumbled eight basis points last week, the most since last August, and down 15 bp over the past two weeks. The 30-year yield dropped by a little more than six basis points to extend its retreat for the fourth consecutive week and bring the cumulative decline to about 17 bp. While I had expected the surge in prices and activity to have lent support to ... (full story)
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- Apr 18, 2021 1:15pm Apr 18, 2021 1:15pm
- gzforex20
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- trumps
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Compulsions can be hard to resist
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- OnlineAddict
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Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return:
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Market is not random but unpredictable
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- OnlineAddict
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Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return:
53,458.0%
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- LloydOz
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