Volatility of GBP/USD, other Economic Factors

Oil prices have decreased and now it is affecting the volatility of Forex market. A terrifying cycle of pandemic forces different countries to take immediate measures to cope up with the deadly situation. UK is facing the same scenario. The pandemic has provoked many countries to seclude their borders and disallow the travelers to enter. Such a drastic step has resulted in reducing the Oil prices. The worst …

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Trading Pair of EUR/USD and New Year – Forecast

Trading Pair of EUR/USD and New Year: The trading path further continues to be full of hardships for USD. New Year is not going to let the traders of trading pair EUR/USD cannot relax in the current scenario. The USD is not easing the tension of the traders and investors. The price of the counter-parts against USD is spiking up. Leaving Dollar behind, its counter-currencies are gaining ground …

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A Promising scenario for EUR and EUR/USD:

A Promising scenario for EUR and EUR/USD: Nothing remains permanent in Forex trading. After a trial of losses, traders can witness a promising scenario for EUR. Finally after troubling the investors for a long time, EUR is now again starting to get a place in spotlight. A promising future awaits EUR as its trading partners are facing hurdles in smooth trading. Particularly USD is slowly losing its ground. …

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AUDUSD Review: Exports of Australia

Aussie Vs USD, the intense battle begins in the Forex market. The global risk has reached its peak. The rise in the prospect and possible upcoming positive scenario of global growth results in the fall of USD which ultimately leads to rise of the worth of AUD. The economic data of China also plays a vital role in increasing the value of AUD. Chinese economy is undoubtedly a …

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An outlook on USD/JPY:

USD/JPY, the Third most widely traded currency of the world, is showing new layers. Recently you have witnessed that Flexibility has become an attractive feature of Yen. The news of the vaccine of the COVID19 has created optimism in the Forex traders. It has made world hopeful for a cure of this terrifying pandemic. Obviously it will result in stimulating risky trading deal. Ultimately such irrational and risky …

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Central Banks, EUR/USD and advancement

EUR/USD is a game of two prominent economies of the world. No wonder it always manages to be in the spotlight. Central Banks of the world influence the Forex trading. The financial reports of Central banks are about to alter the trading plan of most of the traders.¬† The attention of the traders is again on this pair. ¬†Right now the title of this trading game plan is …

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Pullback of AUD – Today’s Outlook

Tables are turning and the pullback of AUD is round the corner. It is evident that there is a risk of a slight fall in price of AUD. The most contributing factor in this regard is the trade balance report of its greatest trade partner (China). AUD is obviously going to be fazed by this trade surplus of China. The overflowing stream of trade of Chinese economy is …

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USD declines against Asian currencies

The decline of USD has become a major concern of Forex traders nowadays. Dollar is the most widely traded currency therefore a concern related to it may cause a panic in Forex trading. ASEAN FX is giving a tough time to US dollar. The struggle continues for this favorite currency of traders. The losses still haunts the US dollar traders as the cycle of loss still extends further. …

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GBP analysis of the day

GBP

Recently we can witness a change in the perception of traders towards GBP. The trading pairs of GBP has just gained the spotlight. After all it is the most widely traded pair of currencies. Current trends in trading support this pair. No doubt, Pound is about to enjoy the state of rock n roll. The worth of GBP/USD is going to reach and meet its annual highest value. …

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