The rapid action takes precedent where the USD - DXY have retreated from its highs post ECB triple rate cut. Similar price action can be attributed from the single currency that took most of the speculative traders out from earlier shorts along with the USD bull. And this resulted to a market squeeze where sophisticated investor / traders can avoid by cross trading currency pairs to at least level of risk. A practice we do encourage contrary to taking positions post risk events that could go the other way around due to certain pullback activity by institutional fund traders.
USD RETREATS FROM HIGHS
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