Daily market commentary: The US Dollar records gains following Fed’s announcement of a 25 basis point rate cut
ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 1, 2019. See details below: FOREX The US Dollar recorded gains, following yesterday’s announcement of a 25 basis point rate cut by the Fed. It Is counterintuitive that a rate cut is followed by a strengthening of the currency, but…
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