Source: Bloomberg The Turkish lira posted extended gains to nearly 15% against the US dollar after President Recep Tayyip Erdogan came up with extraordinary interventions to boost the currency. TRY USD up +3.76% The lira gained almost 15.1% to stand at 11.3165 per dollar as of 9.15 a.m. local time on Tuesday after growing nearly 16.4%.The currency rebounded from a record … [Read more...] about Lira in Massive Rebound, Up Nearly 15% on Extraordinary Support Measures
What Are the Fees a Forex Trader Pays and How to Keep Them Down?
There are expenses that forex traders must pay to conduct their trading. There are optional fees for items that the trader may choose to buy, such as news services, specialized technical analysis services, gadgets to use, speedier connections, and mandatory costs, which are expenditures that every trader must pay. You'll have to pay a specific amount in charges or … [Read more...] about What Are the Fees a Forex Trader Pays and How to Keep Them Down?
US Home Sales Projected to Grow 7.1% in 2021, Drop for Next Two Years, Says Fannie Mae
Source: Reuters Home sales across the US are projected to fall over the next two years, as limited supply and higher mortgage rates and prices slow down the residential real estate market. DXY down -0.31%, EUR USD UP +0.54% The state-backed enterprise’s Economic and Strategic Research Group increased its 2021 home sales growth forecast from an initial 5.3%, attributable … [Read more...] about US Home Sales Projected to Grow 7.1% in 2021, Drop for Next Two Years, Says Fannie Mae
Global Merchandise Dips, Raises Risk of Missing 2021 Growth Forecast
Source: Reuters Global merchandise trend dropped by 0.8% in the third quarter, the World Trade Organization announced Monday. The latest development has raised the risk of missing the forecasted 2021 growth rate, along with the emergence of the Omicron COVID-19 variant.The WTO attributed the decline in trade volume on supply chain constraints, along with production input … [Read more...] about Global Merchandise Dips, Raises Risk of Missing 2021 Growth Forecast
Tioga Review
Tioga is an FX robot that uses the night scalping method for small and steady returns. It uses the mean reversion method during the end phase of the US session. As per the developer, this FX EA does not use dangerous methods like averaging, Martingale, Grid, or other approaches. It works on the MT4 or MT5 platform and uses a fixed SL for each position. Detailed Forex Robot … [Read more...] about Tioga Review
