Topic - FOLLOWME Trading Community

#Currencies#

#Currencies#

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Currency trading, often referred to as foreign exchange or Forex, is the purchasing and selling of currencies in the foreign exchange marketplace, done with the objective of making profits. It is referred to as 'speculative Forex trading.' Forex trading is the largest market in the world, with nearly $2 trillion traded on a daily basis, with quick growth projections. The main factor that differentiates currency trading from other types of trading is its liquidity.
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  • Veron83 :
    No rate change from RBA today, and here is a snippet of RBA's statement: "Accommodative approach will be maintained as long as it is required”
  • CarmenHui :
    AUD/USD carves a series of lower highs and lows following the limited reaction to the Reserve Bank of Australia (RBA)
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  • berita :
    US equities plunge will be advantageous on AUD pair
  • Mary Grace :
    If consumers continue to hold tight to their wallets and purses, the economic recovery could become stalled and the Australian dollar could find itself under downward pressure.
  • Vanttrading :
    good one for investment now. AUDUSD looks like it has finished its short term correction from its recent bullish rally. Now we are looking for a push to the upside.

  • tradingContest