Unemployment figures add to UDS's woes

Discussion in 'Forex - Currencies Forums' started by SamClemensMT, Jan 15, 2015.

  1. SamClemensMT

    SamClemensMT Well-Known Member

    Joined:
    Oct 2014
    Posts:
    167
    Likes Received:
    0
    Yesterday we saw consumer confidence decline. Today we received data indicating that jobs have gotten harder to find for the average American worker. What does it all mean? It means that the dollar will likely be giving back a lot of its gains. Beware anyone who is long the USD going into February.
     
  2. Benigna Mazzi

    Benigna Mazzi Senior Investor

    Joined:
    Jul 2020
    Posts:
    979
    Likes Received:
    11
    To maximize trading profits, traders have to focus on more and more accurate market analysis. Besides technical analysis, try to focus on fundamental analysis for better market forecast. Eurotrader uses smart bridge technology to support traders efficiently in their trading.
     

Share This Page