If you are thinking of starting to trade forex or if you are already in the business, either way, you must find the best forex broker to begin with. But, the most challenging part is finding the right broker. However, whether the broker is good or bad, you cannot eliminate the risk totally. The best …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDILS Joe Biden’s victory in the presidential elections will lift risk-oriented currencies such as the Israeli shekel in the near-term. The US economic calendar will be quiet in today’s trading to make way for …
Daily Market Charts and Analysis November 12, 2020 Read More »
The dollar tumbled down to a nine-day low on Thursday. After robust U.S. data and hopes for U.S. fiscal stimulus, investors turned to riskier currencies boosted the optimistic sentiment. The Chinese yuan rallied the most against the greenback, reaching a year-and-a-half high in the offshore market. On Wednesday, Chinese data showed its economic recovery was …
Riskier currencies rallied against the U.S. dollar Read More »
The yen was steady at 106.14 per dollar on Friday. Goldman Sachs analysts noted that pension fund flows out of Japan had offset a safety bid as U.S. stocks tumbled down. On the other hand, the Australian dollar increased by 0.3%, heading toward a flat finish for the week at $0.7275. The New Zealand …
Japanese yen traded at 106.14 on Friday. What about Dollar? Read More »
There is not much to explain in terms of what Forex or CDFs mean; Forex stands for Foreign Exchange, and CFD means Contract for Difference. These are the investment options that are most popular amongst traders. They both have desirable benefits, but there is no right answer to which one is better. We are going …
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