#USDollar_Rebound_or_Reversal?#
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July's NFP data released last Friday was better than market expectation, and the DXY rebounded, but US Congress is still debating the stimulus plan. The continuous working of the US dollar money printing machine, the escalation of trade tensions, and the lower US bond yields still put downward pressure on the US dollar. The rebound of the US dollar remains to be seen. However, JPMorgan pointed out that the US dollar should not be overly bearish. Is it a short-term rebound or a trend reversal?
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Cable is crazy
So hard to trade GBP USD these weeks. It's going up and down 200 point and I can't catch the wave... Looking at the dollar index the picture is clear - it should brake up the trends, so we would be able to talk about the reversal and holding the positions. As for now I'm out of short. If the price r
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