The Dollar Drops Against The Euro But Not Far

Yesterday the Dollar dropped against the Euro as US economic report was not surprisingly amazing. Nevertheless, the fall was not immense. Decreasing crude oil costs were also balancing on the greenback. NY Empire State Indicator increased from 0.6 to 9.6 in April, far beyond the median predict of 2.1. It is the top most level in more than a year. (Event A on the chart.) Industrial manufacture and quantity utilization decreased in March. Moreover, both…

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