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Intraday Strategies for Beginner Traders on May 4
The US dollar has regained strength
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The US dollar has regained strength against the euro, the pound, and other risk assets, suggesting cautious buying amid uncertainty in the Middle East.Today, the European currency may receive support in the first half of the day. This could be boosted by the publication of important macroeconomic indicators. In particular, data on the Manufacturing PMI in the Eurozone is expected to be released. Positive results for this indicator are traditionally interpreted by the market as a positive signal for the
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
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Maxim Magdalinin
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