US dollar: forecast for July 17-21

US dollar remained under pressure during the past week. Janet Yellen’s testimony to Congress failed to impress investors. In addition, there was a turmoil around Donald Trump Jr.'s meeting with a Russian lawyer during the 2016 presidential campaign. It may further reduce the market’s belief in his father’s ability to pull through economic reforms.



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Trading plan for January 21

The trade talks between the US and China are still the main topics for the market. That is why it is recommended to trade USD/JPY and Gold on the market sentiment.

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