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
NFP has come and gone for another month – and this time around it didn’t have the surprising print that the last couple of months had. The market was keeping an eye on Brexit developments this weekend but nothing really much happened that was different from Friday, this coming Friday is the deadline and it looks as though the UK will have to ask for an extension. It is interesting to note that certain financial institutions have started pricing in a no Brexit scenario at 40%.
There was not much “new” news out the US regarding the trade deal between the US and China, but there were comments that leads one to think that Trump may change immigration laws soon – Secretary of Homeland Security resigned.
Today's Market Trading Levels
1. EURUSD BUY 1.1215 – 1.1200
2. UK100 SELL 7440 – 7460
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