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FX Weekly Edge: USD Roars Back

Talking about Forex this week makes it inevitable to think of the US Dollar. The currency saw its largest weekly gain in 2021. An overly saturated short market, the FOMC making the wrong soundbites in its ultra-loose monetary policy commitment, led to a monumental rise in the USD. That appreciation has nothing to compare with the sea of tranquility if trading the Euro.

✨My name is Ivan Delgado, Market Insights Commentator at Global Prime and FX Trader. I am on a mission to pass on my decade-long knowledge by providing regular market commentary and educational that is applicable, actionable and insightful (no-nonsense).

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Disclaimer: This is NOT financial advice. These are my opinions. I am not responsible for any investment decisions that you choose to make.


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