British pound came out of the lateral range and tested levels above 1.5800, which, as had been expected by most analysts, served as a good place to sell.
Last week, the EUR/USD pair has made another attempt to restore, creating a wave of talk about a potential "double bottom" in the area of 1.2350 support.
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While there is no panacea to help you win a fortune in a day at forex, there are certain pitfalls that you can avoid while commencing your trader career.
Currencies in forex have more or less fixed hierarchy; but as emerging markets come into play, the trading scene becomes increasingly dynamic.
The following article is about the average trader on forex and their psychological worries, which often lead to a decreased level of performance. The article talks about how these barriers could be removed
The German manufacturing sector bounced, with a figure higher than expected. Euro tries to take the opportunity to get away from the media of short-term.