If you are a trader or a market watcher who is keeping an eye on the rate of exchange between the US Dollar and the Euro, then you will definitely want to keep a close eye on the Euro/USD rates. The exchange rate is important for currency traders and other market players because it tells[…]
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Should I sell stock in May and go away? This question has been asked many times by countless stock traders across the world. It is an interesting one, but it should be answered with a yes or a no. Before we answer the question, let’s first understand what a stock market forecast is. It is[…]
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Why would gold prices move based on the Federal Reserve’s interest rate decision? They’re obviously market forces, but how can they affect the gold price? What actually determines a rise or fall in the price of gold? If we examine the past four price movements we can come up with some insight as to why[…]
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An interesting article was published by Eric Pajonk, who commented that despite the weak economic figures released by the US Department of Labor, the United States Dollar remains unphased by weak economic news. A strong dollar is a currency that is supported by the strength of the US Dollar. This means that if we have[…]
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The cross-asset correlation is an important indicator to look for as it can help you understand the behavior of the currencies. But the fundamental question remains – why are the two assets more influenced by equities: volume-weighted? The answer is fundamental analysis. If you look at the present day financial markets in a global sense,[…]
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The Canadian Dollar Price Outlook: USD/CAD virus breakout may be overdone. It may appear that the Canadian Dollar is making its rebound after months of dragging down the dollar against the Euro. So, is the outbreak in the U.S. dollar really to blame for the weakness of the Canadian dollar? A currency outlook: With this[…]
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An uneasy dance of dollars and Wall Street seems to be taking place. As the dollar weakens, gold is surging on speculation that it may reach the highs of 2020. Is the dollar weak or is it simply making other currencies stronger? In order to make a logical conclusion, it is necessary to understand how[…]
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The dollar continues to strengthen against a basket of major currencies. And as for Oil, the only surprise to me is that the global economy is humming along right now. We are finding out that the stimulus package is making the process of rebalancing the world’s reserve of liquid reserves a lot easier. The economy[…]
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For the past couple of months gold has been in consolidation mode. This is because the world’s economies have not performed well and there are no other ways to go but with gold. Now the Federal Reserve has implemented its emergency rate cut plan. Central banks have become more vulnerable to economic upheavals due to[…]
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When you install an application, you’re notified of all the permissions needed to run that application. Has a cell phone application. This app is just excellent monitoring your trades. CM trading’s MT4 app is the perfect platform for virtually any trading strategy. There are some explanations for why utilizing a forex trading app may be[…]
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