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June, 6 - USD is too unstable to trust it today

Controversy surrounding USA international policies is not doing the greenback any favors. It seems that every currency couple in the market is volatile today. And it seems that there is absolutely no stability to any of the major assets or major currency couples. And why is that? Well, unstable situation in the world is also playing a major role here but the greenback being the participant of all of the major couples is also a reason behind todays’ turbulence.

 

usd 6.06.2019

 

Even though USD chart is no indication of that right now, but trust me – there is struggle going on in the markets today. Yesterday we saw a clear recovery for the stock and currency market. Today there is no such thing. There is way more red color in the market today than there was yesterday. And why is that? Well, traders might be getting tired of the instability and risks which are tied to it. After all trade war takes a toll on all of trading and the further we go the more countries might be affected by it. The more critique is going to pour out on Trump the less support and trust is going to go to the greenback.

 

With volatility like that trading signals is simply a must-use.

 

 

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