Forex News | Weekly Review – Time for Brexit | February 7, 2020
The dollar is strengthening thanks to good employment market reports. Also, the business activity index is exceeding the forecasts.
China halved the import duties on a number of American goods, which supports risky assets.
The coronavirus continues to affect the market negatively and does not allow commodity currencies to recover. Oil also remains at a lower price level than usual, despite OPEC’s desire to stabilize prices with another production cut agreed this week.
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