USD on the Rise

Source: ForexYard

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As of this morning the EUR/USD is hovering around 1.3333. The USD made gains of 147 pips during the night before the euro was able to recoup some of its losses. Heading into today, traders will want to keep an eye on U.S. manufacturing numbers and unemployment claims that are set to be released. These numbers will be another strong indicator of overall financial health for the U.S. economy. Should these announcements further indicate growth in the U.S. economy, there is a possibility that the USD could see further gains.

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