The US Dollar Index (DXY) is steadily rising, trading at 104.00 and treading close to the 20-day SMA despite softer Automatic Data Processing (ADP) jobs figures and consolidating its weekly gains.
The high for the day reached 111.352 in the Asian session The USDJPY has inched back toward the high for the day at 111.352. That high was reached in the Asian session. The NY/London session high just
Last week oil markets ended the week in the negative territory mainly due to concerns for a fall in demand, now there are fears that the current economic recovery could be affected by a second wave of
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