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Level and Target Adjustments for the U.S. Session – May 8th
The euro and British pound were
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The euro and British pound were both traded today using a Momentum strategy. I did not take any trades using Mean Reversion.Important data is expected next, which will determine the Federal Reserve's policy stance and its approach to interest rates. This includes U.S. Nonfarm Payrolls data for April and the unemployment rate. Strong data could signal sustained growth for a second consecutive month, increasing the likelihood that the Fed will maintain a tight monetary policy to combat inflation. Weak figures,
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
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Urgency
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Maxim Magdalinin
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