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Dollar lost our trust

Larson&Holz

Larson&Holz analysts point out that many traders have lost trust to USD. The reason to this are false promises given by Janet Yellen, …, and their unclear monetary policies. All of this has made experts doubt if the promised interest rate increase will take place at all.
The number of traders who still believe in it decreases from day to day in an arithmetic regression, pushing traders to invest into more manageable and clear instruments.

The ace up the dollar’s sleeve is the September Nonfarm report, the piece of news that would give good volatility to the major currency pairs. The only thing left to do is to stay patient and speculate conforming to the set trends.

Larson&Holz Review

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