Fri, 29 Dec 2023 15:06:27 GMT
EUR/USD retraces to 1.1038/1.1045
At the end of the year US firms book losses on assets to reduce their annual profit and with it the taxable income. It occurs by selling stocks, bonds, other currencies on last day of the year and buying them back on the first day of trading. Namely, big players are selling everything against the Dollar, which is boosting