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
Risk sentiment was the key market mover again this morning, with comments out of the US suggesting that a trade deal was imminent lending itself to a risk on environment, the dollar was not able to completely capitalize as comments from Donald Trump that the “dollar was too strong,” keeping it in check. Delayed Brexit dates has also help underpin British assets for now the pound has been by far the best performer of late.
Today will be all about the Us-China trade talks and clues that we can get over the line, I am not certain how the dollar will perform. I sometimes get the impression that Donald Trump was almost trying to talk the dollar weaker ahead the announcement of the deal.
Today's Market Trading Levels
- GBPCAD SELL 1.7590 – 1.7610
- USDCAD SELL 1.3330 – 1.3350
[su_divider]
