US Democrats and Republicans failed to agree about the $1-trillion stimulus package. Will this hurt the USD?
Tag - trade ideas
Trump's administration is discussing a stimulus package to fight the coronavirus. What awaits the USD?
The USD is under pressure versus the EUR and the JPY as traders raised bets on the Fed's rate cut. Lean more!
Coronavirus is once again disrupting the markets: AUD/USD is at multiyear lows. Many other pairs formed bearish gaps as well. EUR/USD is awaiting data from Germany.
Diversification is your pain killer pill if it ever comes to losses. Traders with balanced portfolios tend to be more secure about their failures, manage risks better, and avoid dramatic shortages of funds. However, it can only reduce pain, but won’t cure it. Remember, diversification alone does not guarantee that you will never lose again or that you will build a fortune in a year; it works more as a shield, a personal airbag that may soften any stroke of bad luck, save your nerves, and let you feel secure.
Watch the video to discover which currency pairs look the most promising today!…
This webinar gives you essentials you need to know if you plan to trade gold…
You can triple your investment with FBS CopyTrade. Hear the success story and make your own happen.
EUR/NZD has recently made a number of attempts to approach 0.76 but all of them failed.
Although both the AUD and the NZD suffer versus the USD, it seems that, for now, the Australian currency is a bit stronger than New Zealand’s one.
USD/MXN had a very bullish August. The pair is currently testing the resistance line connecting the highs of 2017 and 2018 at 20.12.
XAU/USD has broken above the 50% Fibo of the 2011-2015 decline at 1,480 and the previous August high at 1,535.