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
- Global Equities
- Commodities
- Stock Indices
Today's Market Fundamentals
The market remains cautious as the US is said to mull over blacklisting another five Chinese surveillance firms as tensions between the world two biggest economies continues. The Chinese have urged the US to provide a fair trading environment for Chinese firms, while this is a valid point – these talks broke down because the Chinese reneged on a agreements and so they have no one to blame but themselves.
Across the pond in the UK, it is being reported that the Cabinet ministers will not back May’s new plan, it seems to me that her last chance could be to throw in a second referendum to accompany her withdrawal agreement deal. For now, the Prime Minister has survived another day although there are rumours that she could be out of a job by the end of the week – this was always going to be a tough task but there could be a lot of drama in the UK today.
Today's Market Trading Levels
1. AUDJPY BUY 75.90 – 75.65
2. GBPJPY BUY 139.50 – 139.30
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