DXY 22/07/2024
We have a busy week of economic data along with sensitive political issues.
Therefore, we see an opportunity for the dollar to rise slightly before it declines significantly, as we have GDP data, and according to experts, production has increased, which will be positive in the short term and in the future with the release of other positive data.
The important announcement will be on Friday, which is the Core Personal Consumption Expenditures (PCE) Price Index (yearly) (monthly). If this index decreases, it will be strongly negative for the American economy.
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