Midaz_Investments

DXY 24/5/2020 (MIDAZ TRADING STRATEGIES)

TVC:DXY   U.S. Dollar Currency Index
TVC:DXY
Last week dollar seem to regain back its safe haven't status, we can see oil / stock market losing traction.
Gold price found back its demand.
Speculation of covid19 vaccine could take some time to develop.

Next week we see US economic data heavy, Data is suggesting a weaker economy

Our view that the dollar will continue its rangebound with small volatility for the week

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