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The Euro refuses to budge too far from the recently struck 4-month low, and is finding it difficult to break through technical resistance.
The 17-country eurozone risks falling into a “severe recession,” the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe’s central …
The euro steadied against the dollar on Tuesday as its rebound from a recent four-month low stalled, although traders said selling was likely to be limited in the run-up to an informal meeting of European …
The OECD called on EU leaders on Tuesday to ease the pace of austerity, saying aggressive budget cuts to curtail the euro zone’s debts threaten to suck the currency area into a downward spiral that could …
OECD warns risk of severe recession in eurozone rising as it cuts economic forecasts.
EUR/USD Classical Technical Report 05.22
Forex.ch brings you the latest Forex Market information as well as Forex training material.
The Foreign Exchange market, also referred to as the "Forex" or "FX" market, is the largest financial market in the world, with a daily average turnover larger than the combined volume of all U.S. equity markets.
"Foreign Exchange" is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY).
Forex is a true 24-hour market, open continuously from 5:00pm ET on Sunday to 5:00 pm on Friday. With three distinct trading sessions in the US, Europe and Asia, you can trade on your own schedule and respond to breaking news.
Leverage allows you to increase your total return on investment with less cash outlay. However, increasing leverage increases risk.
The sheer volume of Forex facilitates price stability in most market conditions. 85% of all forex transactions involve the 7 major currency pairs.
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