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MadMarketScientist

Dollar Bull Definition

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The US Dollar is the world’s reserve currency, and the most liquid currency in the world. Traders with a positive outlook for the performance of the US Dollar versus other currencies will often put this bias into practice by buying the USD and using it to sell another currency, such as the Euro or Yen. When US Dollar buy positions are established, traders can only make money when the value of the US Dollar increases. If the value of the currency declines, the trade will lose money.

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