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The euro climbed slightly after data released from the eurozone private sector data boosted hopes that a recession could be avoided in the bloc’s economy.
FX markets play with your head until you get in over your head — by irresponsibly averaging down on losing trades and dumping more and more capital into the market.
In early trading today, the dollar held strong against the euro, which hovered around a two-week low, as slightly higher…
While leverage can amplify your gains, you must educate yourself about common forex pitfalls and mistakes when using any forex platform. That way, you can keep your gains and avoid devastating losses.
A savvy trader who recognises bearish trends may capitalise by “selling” a currency at current prices, with the intent of “buying” it back when markets drop.
Recent turmoil surrounding U.S.-China trade relations, Eurozone instability regarding Brexit and currency crises in South America have put a spotlight on foreign exchange markets and currency politics.
The pound has managed to recover today after it plunged to a 10-year low against the euro, reaching €1.0724.
As fears circling the US-China trade conflict escalated, the demand for safe-haven currencies began to surface, resulting in a slight rise for the yen today.
What you should know about the top forex traders in history and what they credit for their success, so you can join the ranks of the most successful day traders of all time.