The EURUSD fell to its lowest price levels since August, as strong U.S. data supports USD strength. USD buying is seen across the board. The employment component improved to 59.2 from 58.3. New orders climbed to 62.0 versus 56.7, and new export orders increased to 54.5 from 52.5. The data suggests the service sector remains healthy.
Janne Muta
Chief Market Analyst
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About Janne Muta, HotForex’s Chief Market Analyst
Janne Muta is a seasoned industry professional with over 16 years experience in the global markets. Originally from Finland, Janne has worked for institutions in both Helsinki and London as an institutional fund manager, global market analyst and FX educator.
Traders and fund managers from around the world have benefited greatly from Janne’s technical analysis methods. The indicators and price action based trading models he has developed, have, after rigorous testing, proven to be invaluable in identifying high probability trades.
“My mission is to help you to become a confident and successful trader”
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