Did you know that The Forex or FX Market derives its name from Foreign Exchange. It is essentially the exchange of currency (money) between two different countries. The FX market is the largest financial market in the world, and is open 24 hours per day, 5 days per week. BlackStone Futures provide a User Friendly trading environment in YOUR journey to Profitability on:
- Forex
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Today's Market Fundamentals
Yesterday was very much a political day, with the Mueller report front and centre. The summary from the Attorney General reiterated that there was there no finding of collusion between the president and Russia, this has not appeased the Democrats who want more released to the public. In my opinion, the democrat party are coming across as a little desperate – lets not forget that there were many senators that swore on oath about concrete proof – where are those senators now.
Brexit is also starting to get a little odd now and I am not sure how the UK is going to get out of this mess that they have created for themselves. PM May seems to have no more cards to play and so the options are becoming more obvious, there were 5 million people that signed the petition to have another referendum, this is fast becoming the bookies favourite.
There is rumours of another general election, there is no clear party in the “pound seats” and perhaps a change of leadership is called for? Either way the pound is bound to experience some pain, and the UK are going to have to spend some time rebuilding credibility after this process.
Today's Market Trading Levels
1. NZDUSD SELL 0.6920 – 0.6930
2. AUDCAD SELL 0.9540 – 0.9560
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