Consistency & Protective Strategies on Effective Trade Positions:
The US Dollar has lost ground across the board for the past four weeks with only a week of recovery seen on the last week of July. As we have perceived that the US debacle is relatively not over yet; unless US retail sales and consumer confidence figures scheduled within the week would essentially provide some lifeline that would potentially give a boost of confidence for the safe haven currency.
Opening Market Insight for 8.12
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