Forecast
Intraday Strategies for Beginner Traders on July 29
Yesterday, the US dollar demonstrated a
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29.07.2026 09:05 AM
Yesterday, the US dollar demonstrated a mixed performance: it significantly weakened against the euro, while maintaining its positions against the pound and the Canadian dollar.Pressure on the dollar intensified after the US consumer confidence indicator for July fell to 90.8 points, versus a forecast increase to 92.4 points. This indicator reflects Americans’ assessment of the current state of the economy and their financial prospects, and since consumer spending constitutes a major part of the US economy, a weakening of sentiment
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