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ForexNews.World delivers real time updated forex news and market research. We are leading source for latest news on cryptocurrency along with technical analysis on the foreign currency, commodities and trading strategies. We are go to source for you to get breaking news stories and in-depth market updates from around the world. Using oscillators is very prominent in the world of trading, whether you are just beginning or have been trading professionally for years.

Our Order Book graphs aggregate live market data from our entire client base to show real-time snapshots of pending orders and current positions for the major currency pairs. Assess the true market sentiment before you short or long a currency. Opinions are the authors — not necessarily OANDA’s, its officers or directors.

FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved. The China coronavirus has severely disrupted China’s economy and is projected to take https://maxitrade.com/en/kingdom-holding-company/ a bite out of global growth. If the economic damage worsens, the Federal Reserve could respond by trimming interest rates as early as this spring. Australia Likely to be Hard-Hit by CoronavirusThe coronavirus is having a negative effect worldwide, particularly on countries with close links to China.

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Stay up-to-date on breaking forex news as well as relevant financial developments. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.

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US Dollar Price Action Setups: EUR/USD, USD/CAD, USD/JPY – Duration: 58 minutes.

Founded in 2008, ForexLive.com is the premier forex trading news site offering interesting commentary, opinion and analysis for true FX trading professionals. Get the latest breaking foreign exchange https://maxitrade.com/en/ trade news and current updates from active traders daily. ForexLive.com blog posts feature leading edge technical analysis charting tips, forex analysis, and currency pair trading tutorials.

Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest (except for OANDA Europe Ltd customers who have negative balance protection). We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading.

We give you what you need to trade well month after month, and our services are free. German GDP and U.S Retail Sales are in Focus as COVID-19 Numbers Continue to SpookIt’s a busy day ahead on the economic calendar as the markets digest the latest Banque Saudi Fransi Chart COVID-19 numbers. Economic Data Puts the EUR, the GBP and the U.S Dollar in the SpotlightIt’s a busy day ahead. With the Dollar sitting on top, today’s stats from the EU are going to need to impress to eat into the Dollar’s current week gains.

• The Canadian dollar is rallying midweek on China’s latest announcements of fiscal and monetary stimulus to combat the negative economic effects of the Wuhan coronavirus, also officially known as Covid-19.
• Get the latest breaking foreign exchange trade news and current updates from active traders daily.
• OANDA Asia Pacific Pte Ltd (Co. Reg. No K) holds a Capital Markets Services Licence issued by the Monetary Authority of Singapore.
• China Trade Data, German Stats and U.S NFP and Wage Growth Numbers in FocusIt’s a busy day ahead.
• German GDP and U.S Retail Sales are in Focus as COVID-19 Numbers Continue to SpookIt’s a busy day ahead on the economic calendar as the markets digest the latest COVID-19 numbers.
• ActionForex.com was set up back in 2004 with the aim to provide insight analysis to forex traders, serving the trading community over a decade.

OANDA Technical Analysis, including Autochartist services and content, is provided for informational purposes only, and does not take into account any individual’s personal circumstances, investment objectives, or risk tolerance. We share information on the trading activity of our institutional and retail clients.

The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. EUR/USD has is battling 1.08, off the highs it reached as German Manufacturing PMI beat with 47.8 points, raising the eurozone averages.

You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. China Trade Data, German Stats and U.S NFP and Wage Growth Numbers in FocusIt’s a busy day ahead. China’s trade data and German industrial production numbers will be in focus ahead of U.S stats later in the day.

Markit’s preliminary PMIs for February are set to trigger high volatility. In case of US Dollar to other currencies, values are quoted on basis of USD as base currency whereas in Indian Rupee to other currencies, values are quoted on basis of INR as quote currency. The Japanese Yen was able to keep earlier gains GOOGL Stock Price versus the greenback during Asian trade on Friday on growing concerns over the spread of the Coronavirus. China’s central bank cut interest rates on medium term loans on Monday, an effort to offer support to businesses whose activity has been disrupted or halted completely by coronavirus contagion concerns.

ActionForex.com was set up back in 2004 with the aim to provide insight analysis to forex traders, serving the trading community over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

Register for free at FX Academy, the first online interactive trading academy that offers courses on Technical Analysis, Trading Basics, Risk Management and more prepared exclusively by professional Forex traders. The Sterling pound today fell against the US dollar despite the release of upbeat UK inflation data in the early London session.

With the US markets rallying to fresh record highs this week, it certainly seems like a good time to buy dips in the market. The challenge, however, is finding stocks that don’t have a significant amount of downside risk.

Expect plenty of volatility as risk appetite takes another hit. Improve your trading knowledge and stay ahead of the curve with our weekly Foundations of Forex Trading webinar. Keep abreast of market opportunities in the FX markets with insights, actionable trade ideas and support. Trade with a global market leader with a proven track record of financial strength and reliability.

Canadian Dollar Rallies on Chinese Stimulus, Higher Crude Prices

As the week grinds toa halt, cryptocurrencies are rolling in a positive direction. The positive resonation comes after a couple of days that saw bulls paralyzed in the cryptocurrency market. GBP/USD is trading above 1.29, rising from the new 2020 lows. Brexit and concerns and dollar strength are behind the move.