Thanks Ashraf, for the explanation, as I mentioned earlier I am new to FX trading, therefore got a little confused but your explanation makes sense. Thanks once again.
I am very new to FX trading, I have been watching a decline in GBP vs USD & JPY. Is the statement from Finance min that fall in value of GBP is helping, is that the biggest reason for fall in GBP or what r d other major factors? What r the major indicators for GBP & USD in forecasting their trends?
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(1 year ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(1 year ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(1 year ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (1 year ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (1 year ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (1 year ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(1 year ago)
Do you think that the trade balance report for August which is to release soon will have any further negative effect on USD.
Thanks
Good Day
Good Day
I am very new to FX trading, I have been watching a decline in GBP vs USD & JPY. Is the statement from Finance min that fall in value of GBP is helping, is that the biggest reason for fall in GBP or what r d other major factors? What r the major indicators for GBP & USD in forecasting their trends?
Thanks