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Today’s hot US jobs report has sparked a US dollar rally that could last all month. Watch today’s video to see how that could impact the DXY, EURUSD, GBPUSD, XAUUSD, and AUDCAD next week. The DXY broke below a significant level on Monday at 104.50. That’s the bottom of an ascending channel that has held all year for the dollar index. However, I gave several ...
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China’s exports in May grew at their fastest pace in more than a year despite trade tensions, though imports fell short of analyst expectations, according to customs data released Friday. Exports jumped 7.6% in May from the same month last year to $302.35 billion, rising at the fastest pace since April 2023. Imports rose by 1.8% to $219.73 billion, missing ...
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