Forex Signals Brief for Aug 6: BOE in Focus - Forex News by FX Leaders

in hive-116221 •  4 years ago 

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US markets continued the recent trend of grinding their way higher, despite what the economic data might be suggesting.

The ADP jobs number missed the forecast quite badly and there should be some concerns that this will reflect badly on what might happen on Friday. Nevertheless, the SPX kept on moving up and the USD continued to fall. The moves also come on the back of hope of stimulus, which is still at the crossroads for now.


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