Economics


EUR/USD grinds lower toward 1.0500, printing mild losses to extend Friday’s downward trajectory. Economic slowdown fears, EU-Russia tensions join pre-Fed anxiety to fuel the US Dollar rebound. Please note that English is the main https://twitter.com/forexcom?lang=en language used in our services and is also the legally effective language in all of our terms and agreements. In the event of any discrepancy between the English version and the other versions, the English version shall prevail.

Trading forex has never been easier for individuals, who can now trade on the go in real time using fully-functional mobile apps. Foreign exchange trading, known as forex or FX, involves the trading of currencies. The forex markets are the most liquid in the world, making trading opportunities https://definithing.com/entertainment/dotbig-ltd-review-online-trading-for-beginners/ to profit from the changing value of currencies very attractive. The daily volatility of forex markets presents attractive opportunities to capture profits. The Malaysia stock market on Friday snapped the five-day losing streak in which it had slumped more than 25 points or 1.7 percent.

Economics

Active currency traders need and want market news, quotes, charts, and their trading accounts at their fingertips at all Forex times. For up-to-the-minute business and financial market news, users can access live, streaming CNBC broadcasts.

  • These days, you can trade forex with a mobile forex trading app and a smartphone.
  • Investors prefer to hold the United States Dollar , in what seems to be a decisive week for the market.
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  • EUR/USD grinds lower toward 1.0500, printing mild losses to extend Friday’s downward trajectory.
  • Please note that foreign exchange and other leveraged trading involves significant risk of loss.

They can access the daily economic news calendar and real-time market news. There is also a feature that allows traders to do simulated trading and backtest trading strategies using historical price data. Given the nature of the forex markets’ active global marketplace, liquidity, and volatility, fast access to market news and information as well as trading platforms is critical for forex trading. NetDania Stock DotBig overview and Forex Trader is one the highest-rated and most popular apps used by forex traders because of its ease of use and versatility. The app provides up-to-the-minute forex interbank rates and access to real-time price quotes on stocks and commodities, such as gold and silver—more than 20,000 financial instruments in all. Look for apps that give you the functionality that you need to trade forex effectively.

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forex news

The Hang Seng Index now sits just above the 19,900-point plateau although investors figure to cash in on Monday. The Indonesia stock market has finished lower in seven straight sessions, slipping more than 355 points or 5.4 percent along the way. The Jakarta Composite Index now rests just above the 6,715-point plateau and it’s Forex got another weak lead for Monday’s trade. Indian shares are seen opening a tad lower on Monday, with CPI inflation data for November due later in the day, movements in bond markets and the direction of rupee likely to be in focus. Stay informed with real-time market insights, actionable trade ideas and professional guidance.