Is U.S. Dollar Weakness Short-lived?

The U.S. dollar weakened but its recent sell-off may be short-lived, provided that economic growth in the U.S. exceeds expectations.

The U.S. GDP report is due for release today at 12:30 GMT.

Daily Forex and DAX Signals:

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Our trading ideas for today 25/4/24:

EUR/USD

Long @ 1.0725

Short @ 1.0670

GBP/USD

Long @ 1.2510

Short @ 1.2415

 

Settings for all trades today: Entries from 8:00 am UTC, SL 25, TP 40

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

We wish you good trades!

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