You can also set alerts for individual events that you wish to monitor. You will have access to a demo Forex news account straight away to practise with virtual funds before depositing funds and placing live trades.
- The Australian dollar has started the trading week with sharp losses.
- News that suggests a more hawkish central bank tends to push forex pairs up in value relative to other currencies, while dovish news can cause a currency to depreciate.
- The CBN says the proposed central bank digital currency will offer parity of value and will operate as a non-interest-bearing CBDC.
- For special market closures on Monday please check Trading Breaks Calendar.
- It may be more opportune to wait to open new positions after news events have taken place, and then see if the reason for the trade is still valid.
You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. It’s a full-service trading platform that lets TD Ameritrade clients trade currencies, options, futures, and stocks with an easy-to-use interface. Users can access live, streaming charts that they can load with common technical indicators. Traders can even load chart study tools that they created themselves. As discussed, our online trading platform, Next Generation, releases regular news and analysis articles for all financial markets. We also provide fundamental analysis reports from Morningstar, as well as market commentaries and updates from Reuters news on our news and insights section of the platform. By following our news, this ensures that you are always up-to-date with the latest trends and changes within the financial markets, as well as general economic announcements.
Daily Forex News and Watchlist: EUR/USD
The forex markets are the most liquid in the world, making trading opportunities to profit from the changing value of currencies very attractive. The broker’s partnership with Paxos will enable U.S.-based investors to spot-trade cryptocurrencies on Paxos’ itBit exchange through Oanda’s mobile platform. Federal Reserve January policy meeting minutes show the central bank considered changing the central bank’s interest rate hike plans because of a global slowdown and financial market sell-off.
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The EUR is the strongest and the CAD is the weakest as the NA session begins
The uptrend may be expected to continue, while market is trading above support level 1,0367, which will be followed by reaching resistance level 1,0508 and if it keeps on moving up above that level, we… The uptrend may be expected to continue, while market is trading above support level 0,7408, which will be followed by reaching resistance level 0,7560 and if it keeps on moving up above that level, we… FTSE 100 of the London Stock Exchange shed close to half a percent amidst fears that the Covid spread DotBig review and the widespread unrest in China could impact global economic demand and recovery. Apple Inc. may face production shortfall of as many as 6 million iPhone Pro units this year due to ongoing protests at its major China plant, Bloomberg reported citing a person familiar with assembly operations. Following the news, Apple shares were losing around 2.2 percent in pre-market activity on the Nasdaq. Despite another recovery, the market failed to gain momentum and eventually ended the session on a flat note.
For more information about the FXCM’s internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms’ Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed https://www.forex.com/ here. 75.2% of retail investor accounts lose money when trading CFDs with this provider. Trade Interceptor’s interface offers analysis and technical trading tools, including nearly 100 technical chart indicators. It also provides access to live, streaming price quotes and price charts, including the latest Bitcoin prices.
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