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July - The last month to attempt meaningful legislation before the political season takes over July - The last month to attempt meaningful legislation before the political season takes over

Since the Coronavirus hit, Congress has passed and President Trump has signed four pieces of economic stimulus legislation designed to help deal with the unprecedented economic turmoil.

Dollar Rebounds On Solid Economic Data Dollar Rebounds On Solid Economic Data

July 7, 2020
The dollar index, which measures the greenback against a basket of major currencies, rebounded from a two-week low of 96.57 to 97.01 on solid economic data.

AUD/USD Trending in a Hot Zone! AUD/USD Trending in a Hot Zone!

July 6, 2020
The Reserve Bank of Australia is expected to maintain the cash rate @ 0.25%, being pegged at this rate from March 2020.

US Stock Futures Kick-off The Week on Stronger Note; Dollar on Defensive US Stock Futures Kick-off The Week on Stronger Note; Dollar on Defensive

July 6, 2020
Major US stock-index futures started the week with significant gains as investors' optimism over the economic recovery grew following the US jobs figures.

US Stock Futures Extend Upside Rally Following Solid Jobs Data US Stock Futures Extend Upside Rally Following Solid Jobs Data

July 3, 2020
Major US stock index futures added to previous gains following strong job figures, which lifted risk appetite. The data showed that the US economy created 4.8 million jobs in June, restoring jobs lost during the lockdown caused by coronavirus outbreak.

CFDs and Spot FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.35% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Spot FX work, and whether you can afford to take the high risk of losing your money. Read More
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