Broker : Tickmill
Description : USDCHF Daily Outlook 24-07-20 – Last week the market sentiment turned sour towards the end, with the S&P 500, Dow Jones, and Nasdaq Composite giving up gains. Escalating US-China tensions, worse-than-expected US initial jobless claims, and disappointing earnings from Microsoft and Netflix seemed to have contributed to the pessimistic tone in the market. The USD also faced massive pressure and the downfalls seem to have continued into this week. On Monday we’ll be eying the German IFO business climate as well as the US durable Goods Orders.
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