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is a relatively risky asset, which is known for its strong volatility. For example, in a matter of three months, the currency has managed to crash from almost $70,000 to about $38,000.
Data published last week showed that the American labor market did well and is not a major concern for the bank. The economy added over 600k jobs last month after adding another 467k jobs in January. At the same time, the unemployment rate has crashed to 3.8%. Oil and gas prices have risen to multi-year highs. The same is true with other essential commodities like copper, wheat, and iron ore. The US will publish the latest inflation data later this week.
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