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August, 19 - USD greets us with instability.

A new week may have already started but our fears about the future of trading and the future of dollar didn’t exactly pass by. Last week American economy has displayed a set of very clear recession signs which scared us straight. What if the greenback along with American economy is not strong enough to withstand the pressure from all of the political and economic instability? What if we are really on the verge of financial crisis? After all that has been a long time coming to us. And today USD remains the aim for our attention. We can’t simply give up on the idea that all of it can collapse no matter how we want it.

 

usd 19.08.2019

 

At the end of the week attention towards the USA is going to reach its peak with Jerome Powell taking a public stand and speaking on the situation surrounding the greenback. And that is where the volatility of the greenback is predicted to reach its peak. But as you can see right now is not also a calm time as well. Jumping up and down – that is how USD meets us from the weekend.

 

Will USD recover from the volatility or will the jumps perceive? That we are only going to find out as the week progresses.

 

Use your trading signals to find out more.

 

 

Lang

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