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January, 2 - will USD truly turn its fall around?

Trading has been very slow in the last couple of weeks. We have been enjoying holiday spirit and holiday vacation and in the meantime our favorite and most important trading instruments have been failing to perform the way they usually perform. And even USD – the most popular currency in the world fell short of our expectations. But it all is turning around right this very moment.

 

usd 2.01.2020

 

That is true – USD has not been the easiest currency to be around in the last couple of months. Turbulence from the trade war and pressure that we felt coming from the impeachment hearings for Donald Trump all took their toll on the greenback. it was disappointing, although no wonder that the year started off on a weak note for USD. But, as we all know, trading is largely built on predictions and analysis of the future. And these are the exact two things which are influencing USD performance right now.

 

You see, the matter here is that US economy is predicted to grow and major US indices are only confirming this prediction with the recent numbers. Of course, this is only giving us hope and USD is rapidly gaining the lost points and value. Will the growth maintain its pace? Well, we will see tomorrow.

 

Surely right now trading signals is just the thing we need.

 

 

Lang

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