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Intraday strategies for beginner traders on January 21
The dollar continued its active decline
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The dollar continued its active decline against risk assets. It suffered the most versus the euro, which traders actively bought for several reasons.The risk that European countries holding trillions of dollars in US bonds and equities could start selling them triggered yesterday's strong rally in the euro. Market participants, worried about the prospect of a transatlantic trade war, do not currently view the dollar as a safe-haven asset. Although such a scenario is unlikely, even given Trump's aggressive rhetoric and
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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