If you are trading GBP/USD and EUR/USD in a strong downtrend. Why? Because US Dollar is getting strong and is expected to get more strong in the coming months. US economic data releases in the past few months show a strong recovery. There is now call for an increase in the interest rates but the… Continue reading US Dollar Is In Early Stages Of A Multi Year Bull Run
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US Dollar Hits Multi Months Highs Against Major Currencies As Trade Deficit Narrows!
US is emerging as a global energy powerhouse. It is being reported that US will become a major oil and gas exporter in the coming 2 decades. The discovery of shale gas has turned into a boom in the oil and gas industry. With less energy dependence on foreign oil and gas, the trade deficit… Continue reading US Dollar Hits Multi Months Highs Against Major Currencies As Trade Deficit Narrows!