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Intraday Strategies for Beginner Traders on August 27
The U.S. dollar continued to strengthen
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The U.S. dollar continued to strengthen its advantage against risk assets, aided by decent U.S. reports.Yesterday, the dollar reacted with gains to the U.S. data. According to the report, GDP in the second quarter grew by 1.5% year-on-year, slowing from 2.1% in the first quarter. GDP reflects the economy's growth rate and serves as a foundation for assessing its health. While the slowdown might typically raise concerns, the inflation portion of the report balanced the picture, with results that were
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Miroslaw Bawulski,
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Maxim Magdalinin
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