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The US dollar continued weakening

IFC Markets

The US Fed kept the interest rate at the level of 1.2%. Meanwhile, it was noted that the US economy is growing slowly, the inflation has not yet reached the target level of 2%, the labor market is stable. This information slightly disappointed investors. According to the FedWatch interest rate futures, the probability of the Fed rate hike this year fell less than 50%. On this background, the US dollar index dropped for the third consecutive week.

commitment of traders weekly change
commitment of traders net long short
commitment of traders weekly change
market sentiment ratio long short positions

IFC Markets Review

Source: https://www.ifcmarkets.com/en/market-sentiment/fedwatch?utm_source=financemagnates
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