Are we out of the woods?

By Naeem Aslam As traders and investors pay close attention to the two most important economic events that have unfolded, stock futures in the US and Europe are sitting on solid gains,

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US Dollar recovers after soft jobless claims

EURUSD slumped below 1.0900 in Thursday’s American trading. The major currency pair weakened as the Dollar recovers strongly on soft US Initial Jobless Claims data for the week ending August 2. Individuals claiming jobless benefits for the

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