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Intraday Strategies for Beginner Traders on February 20
The US dollar continued to strengthen
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The US dollar continued to strengthen against the euro, the pound, and other risk assets, driven by objective factors.Yesterday, the euro continued its decline against the dollar, a consequence of positive US labor market data, particularly the unemployment claims report. A similar narrative unfolded for the British pound. This report, released amid the broader recovery of the US economy, indicated employment resilience and a low number of initial unemployment claims, which typically signals a positive outlook for the US dollar.However,
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Miroslaw Bawulski,
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Maxim Magdalinin
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