The weekend Forex report for the week starting September 4, 2022: The USD remains the king

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The weekend Forex report for the week starting September 4, 2022: The USD remains the king

<p>The dollar continued to move higher last week. The US jobs report did show a modestly higher than expected NFP value, but there were other dampening details including more people entering the workforce which may take some pressure off wages. </p><p>US yields move higher out the curve as traders prepare for a tighter Fed for longer.  </p><p>The US stocks fell for the 3rd week in a row led lower by the Nasdaq once again. </p><p> continues to be a focus as they hold all the cards as far as energy and that may continue into perpetuity.  China looms on the outside looking in.</p><p>I also look at the technicals that are driving the dollar buying and what may give sellers more hope (i.e. short term risk).  </p>

This article was written by Greg Michalowski at www.forexlive.com.

Source: The weekend Forex report for the week starting September 4, 2022: The USD remains the king

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