Economic
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Forecasting Forex Trends using Economic Indicators
In the dynamic world of forex trading, understanding and predicting market trends is crucial for success. Forex trading, or foreign exchange trading, involves the buying and selling of currencies with the aim of making a profit. Unlike stock markets, forex markets operate 24 hours a day due to the global nature of currency trading. With…
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Four Major Economic Events to Watch This Week
a) OPEC is again pushing for production cuts to boost sagging prices. b) China’s trade data for April showed a rebound, which could signal higher oil demand. c) However, high US interest rates and a strong dollar could limit oil’s upside potential. The push-and-pull from these forces makes oil prices one of the top issues…
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Five Major Economic Events to Watch This Week
As we kick off a new week, let’s take a look at five major economic events that markets will be closely watching: