Forex Trading Truth or Lie? Uncovering the Truths of FX Trading
How do you sort the fact from fiction when learning how to trade forex? Read on for the truths, the lies and the middle ground. Signal2forex reviews
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Pennant Patterns: Trading Bearish & Bullish Pennants
Pennants are continuation patternsthat appear in the forex market and are used by traders to predict upcoming market movements. While similar to the triangle pattern, the Pennant pattern has some important differences that traders need to be aware of. In...
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Is there a recession coming? Keep an eye on these key indicators
If I could devise a model that would accurately predict the onset of every recession or economic crisis, I’d probably be worth more than Warren Buffett, Bill Gates and Jeff Bezos combined. But the truth is nobody can accurately forecast...
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Charles Evans says Fed has turned dovish, but still might need to do more
Charles Evans, president and chief executive officer of the Federal Reserve Bank of Chicago, told CNBC Monday that he was “open-minded” when asked about the right level for interest rates in the U.S., but suggested more cuts could be needed...
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Market Morning Briefing: Euro Is Holding Above 1.09
STOCKS Equities ended a little subdued on Friday, in line with expectation, and might even dip some more in the early part of the week. That said, weaker Gold and Crude could be positive for Equities. Accordingly, the Dow (26820.25,...
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Constricting investments into Chinese companies could hit the US as hard as it hits China
BEIJING — Possible U.S. restrictions on investing in Chinese companies would not only have a limited effect on China — but it could also hurt the United States, analysts told CNBC. The comments come on the back of reports that the...
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Chinese delegation to travel to US for trade talks in two weeks
Chinese Vice Premier Liu He (L), Central Bank Governor Yi Gang (2nd L) and other Chinese vice ministers and senior officials sit down with Trump Administration officials for negotiations in the Diplomatic Room at the Eisenhower Executive Office Building January...
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Sterling and Euro Broadly Pressured, Dollar Mixed Awaiting Trade Talks
Weakness in Sterling and Euro was the main directions in the forex markets last week. Dollar tried to extend recent rally but ended mixed only. Upside of the greenback was limited by persistent trade uncertainties. While commodity currencies ended higher,...
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Weekly Economic and Financial Commentary: One More Ball to Juggle
U.S. Review Politics Takes Center Stage The release of the transcript of President Trump’s phone conversation with Ukraine President Volodymyr Zelenskiy and the whistleblower complaint overshadowed most of this week’s economic reports and took bond yields modestly lower. Consumer confidence...
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The Weekly Bottom Line: Political Risks Heighten Economic Uncertainty
U.S. Highlights A downturn in U.S. consumer confidence and rising political risks as the House began impeachment inquiries against President Trump, triggered volatility in global markets. U.S. personal incomes jumped in August (to 0.4% month-on-month from 0.1% previously), even as...