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Lockdown measures are due to return in France with partial restrictions due to be imposed on high-infections zones like Paris. German chancellor Angela Merkel has also threatened to invoke federal emergency powers to stop the spread of the disease. At the weekend, France posted its highest number for COVID patients in intensive care units this year, Germany's 7-day average case numbers hit its highest since January and countries such as Poland, Belgium and the Netherlands all seeing growing cases.
This continues to hit the euro which was below 1. This commentary is intended for informational purposes only and does not constitute substantive "research" as that term is defined by applicable regulations. OFX is an online foreign currency exchange money transfer service and does not offer any form of margin or speculative trading facilities; and neither it nor its employees are in the business of providing advice to consumers or investors.
The information contained herein does not take into account the financial situation or objectives of any particular person and should not be construed as business or investment advice or investment recommendations. At the moment, the pair Wave 3 has finished, so the The market is still unfolding wave Y of 2.
EURUSD Forecast and News
In this case, we should be ready for a another decline in the coming days, On Friday, data from the University of Michigan showed the highest growth in consumer confidence since May Households gained support in the form In-depth Reports. Forex Tutorials. Forex Market Analysis. Beginner's Guide to TA. Trading Psychology Risk Management Fundamental Analysis Technical Analysis Forex Basics.
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Learn to Trade Forex. Pepperstone -. Forex Trading. What is it? But the report also Very often, traders and professional Forex investors simplify currency pair names by referring to them using nicknames.
EURUSD Forecast, News and Analysis - FXStreet
The most used jargon in FX is When we combine leverage and incredible movement in financial markets, we need to adapt our approach. Otherwise, we run the risk of either being Non-farm payrolls data releases are influential on both economic policy and financial markets. Discover what non-farm payrolls are, the upcoming NFP dates for Trading Psychology. The world of forex is full of excitement; it gives traders the possibility of controlling huge amounts of money without the need to invest a lot of their own capital.
The old industry saying of 'buy low, sell high' — when done right — can be extremely rewarding.. For the subject of this week's article, I thought that I would take the time to explore the thought process behind most trading decisions we make during our FX speculating.
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As you may already know if you have read previous articles written by myself or my colleagues, we all drive home the importance of formulating and then following a detailed and actionable written trade plan, so as to remove any underlying emotions from the decision making process and thus enforce ongoing discipline in our trading activities.
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