Myfxbook is the premier social community designed for forex traders, enabling connection with your forex trading accounts. It creates a professional hub where traders converge on Myfxbook, with their performance audited and transparency ensured, making the learning process accessible. Myfxbook aims to assist both novice and seasoned traders alike, fostering an environment conducive to skill development and shared insights.
Myfxbook is the premier social community designed for forex traders, enabling connection with your forex trading accounts. It creates a professional hub where traders converge on Myfxbook, with their performance audited and transparency ensured, making the learning process accessible. Myfxbook aims to assist both novice and seasoned traders alike, fostering an environment conducive to skill development and shared insights.
Dollar Drifts Lower On Weak Economic Data
The U.S. dollar drifted lower on Tuesday on mild hopes the Federal Reserve might soften its rate hiking cycle after data showed U.S. private sector activity contracted for a second straight month in August.
TSX Ends Marginally Up
The Canadian market ended slightly up on Tuesday, after spending much of the day's session moving along the flat line.
Thai Trade Data Due On Wednesday
Thailand will on Wednesday release July numbers for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
South Korea Shares May Tick Lower Again On Wednesday
The South Korea stock market has moved lower in five straight sessions, sinking almost 100 points or 4 percent along the way. The KOSPI now rests just above the 2,435-point plateau and it may continue to spin its wheels
Sensex, Nifty Slightly Higher In Early Trade; IT Stocks Drag
Indian shares were slightly higher in choppy trade on Tuesday amid fresh concerns about the energy crisis in Europe and renewed worries about slowing global growth.
European Economics Preview: Eurozone Flash Composite PMI Data Due
Flash composite Purchasing Managers' survey results from the euro area and other major economies in the currency bloc are due on Tuesday. At 3.00 am ET, the Turkish Statistical Institute is scheduled to publish consumer
European Shares Poised For Mixed Opening
European stocks are seen opening mixed on Tuesday as investors await Eurozone and British manufacturing surveys later in the day for clues to future economic trends.
Australian Dollar Falls Amid Recession Fears
The Australian dollar weakened against its major counterparts in the Asian session on Tuesday, as an energy crisis in Europe sparked concerns about a recession and uncertainty over the pace of rate hikes by the U.S.
Asian Shares Follow US Peers Lower On Fed Worries
Asian stocks closed mostly lower on Tuesday to extend recent losses as investors waited for Fed Chair Jerome Powell's comments on inflation and the rate outlook at the upcoming annual Jackson Hole economic symposium.
DAX Rises In Cautious Trade
German stocks were a tad higher on Tuesday, as rising U.S. stock futures helped outweigh survey results showing that business activity in the eurozone contracted for a second straight month in August.
Risk Warning:
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
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