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:
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Today's Market Fundamentals
It seems as though Jeremy Corbyn will lobby to anyone that will listen for a 2nd referendum or general election, I feel sorry for the British people – mainly because there main opposition party does not seem to be part of any solution but a big part of the problem. PM May reiterated she is opposed to this and she is also keen to rule out a no-deal Brexit – as this would pose a risk to not working towards a deal.
The Asian session started with news that Huawei CFO is to be extradited to the US, this may be just some politicking between Canada and China – but it did have a negative effect on the risk currencies, this story may also become a backdrop as leverage in the US-China trade negotiations. The heart of these negotiations is surrounded by an IP disagreement, and this could be something to keep an eye on.
Today's Market Trading Levels
- GBPAUD SELL 8160 – 1.8200
- GBPCAD SELL 7280 – 1.7300
- GBPNZD SELL 9200 – 1.9240
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