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Too much uncertainty creates volatility

August 7, 2020 by Mario Soto

Some disappointing data ahead of the NFP announcement and expectations now looking to a drop in employment figures for July.  The dollar is stronger ahead of the release which is set to unleash high volatility. EUR/USD is trading lower at 1.1850, this a result of  President Trump’s placing an executive order against TikTok and WeChat to try get Microsoft to buy the social sharing network and get WeChat out of the country.

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