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
Today will see the Chinese markets reopen today, trade issues will be front and centre, but so too will other issues such as the Huawei situation – the US even going as far as warning the world against using Huawei products.
The end of last week was a difficult one as there was a very little to offer traders a direction in the markets, there may be a hint of risk aversion but nothing concrete just yet.
The things to watch for this week are twofold, firstly the escalating concerns arising in Venezuela with the controlling government blocking in any aid from entering the country – this despite people being in need. Secondly, there are reports surfacing that senior White House staff such as Mick Mulvaney and Larry Kudlow are planning exits – reports are they won’t be the last either.
The “fun” never stops, it would seem.
Today's Market Trading Levels
- EURUSD BUY 1320 – 1.1300
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