Markets will remain upbeat on Wednesday and awaiting news from the trade front between the US and China. The US-Mexican deal triggered a risk-on mood which favored the Euro against the US Dollar Tuesday and Fed Chair Jerome Powell's dovish speech on Friday weighed on the greenback.US CB Consumer Confidence jumped to 133.4, the highest since November 2000. The news slightly helped the US Dollar so I am betting against USD, if pair able to cross 1.18 level then we can see the pair above 1.2 very soon so plan your trade accordingly.
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