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What's Next for the US dollar: Up or Down?
Global-View.com Sunday October 2, 2022 - 20:10:56 GMT
With the dollar correcting off multi-decade highs vs. the EUR and JPY (and a record high vs the GBP), the forex market seems to have reached a crossroads. The factors pushing the dollar higher are still there but central banks, the latest being the Bank of England, which intervened in the bond market (I would not be surprised to learn it has been in the forex market as well), havefor now restored a two-way risk to what had been a one way street in the market More...
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Is FOREX Trading the Same as Gambling?
Global-View.com Friday September 23, 2022 - 09:27:52 GMT
It is no secret that FOREX trading and gambling have a lot in common. After all, both activities involve placing a bet on an outcome that is uncertain. However, there are also some key differences between the two that appeal to different types of people More... More...
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Inside Forex: BoJ Strikes Back But…
Global-View.com Thursday September 22, 2022 - 09:43:35 GMT
After letting USDJPY break above 145 the BoJ followed up its recent warnings and intervened by selling USDJPY during the European session. This saw USDJPY plunge over 5 JPY before pausing above 140 More... More...
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Is there a hidden hand in the EURUSD?
Global-View.com Monday September 19, 2022 - 23:04:14 GMT
With USDJPY rising to 24-year highs, traders have gone on alert for any signs of possible BoJ intervention, So far, resistance to the steady rise in the dollar has been in the form of verbal intervention, which has, for now, stabilized the currency More... More...
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