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Quick and informative market overviews and trade ideas

Monday Trading Setups: EUR/USD, Gold, USD/JPY
Monday Trading Setups: EUR/USD, Gold, USD/JPY

Investors concern that the economic recovery may be hampered by the fast-spreading delta virus variant. Japan’s GDP growth came out greater than analysts expected: 0.3% vs 0.1%. As a result, the JPY surged despite the extended restrictions in Japan.

Traders await US Inflation: EUR/USD, USD/JPY & gold
Traders await US Inflation: EUR/USD, USD/JPY & gold

Traders await the US Inflation Rate report today at 15:30 GMT+3. The hotter inflation is, the higher the possibility the Fed will tighten the policy soon. If it is the case, it will be positive for the USD.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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