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Sunday 30, July 2017 by Jessica Combes

FXTM: Is it time to buy the US dollar?

 

Six months ago it was hard to believe that the Greenback will be plummeting against all of its major peers; the Fed was the only central bank tightening monetary policy, economic data was very supportive and most importantly Trump’s expected policies of cutting taxes as well as spending on infrastructure were meant to push the dollar higher, according to Hussein Sayed, Chief Market Strategist at FXTM.

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