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FX Market Strategist for TradersWay Wayne McDonell talks about the quantitive of money and the quantitate value of a currency. Purchasing power? Supply and demand? 

Quick economic class with Wayne McDonell taking the Japanese Yen as sample. 

Watch the full: Trade Non-Farm Payrolls LIVE - 123rd Edition - SPECIAL EVENT

Transactions in the CFD market offer ample opportunities and allow knowledgeable and sophisticated investors ready to take risks, to gain high profit. Customer should understand the risks associated with CFD trading, which may be high enough. This short statement does not contain descriptions of all risks and other material aspects of foreign currency trading. With this in mind, you should carefully analyze whether you should engage in such transactions, taking into account your experience, financial status, resources and objectives, the risk you are ready to take, and other circumstances.

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Editors’ Picks

EUR/USD bears flirt with golden Fibonacci ratio, focus on 1.0765-60

EUR/USD bears flirt with golden Fibonacci ratio, focus on 1.0765-60

EUR/USD seesaws around 1.0830-20 as the key Fibonacci retracement level probes bears during early Friday, following the Euro pair’s U-turn from a seven-week high the previous day. The Euro marked the first daily loss in six on Thursday as it failed to cross the two-month-old horizontal resistance area surrounding 1.0930-35.

EUR/USD News

GBP/USD pares Fed/BoE led gains around 1.2300 ahead of UK Retail Sales, PMI

GBP/USD pares Fed/BoE led gains around 1.2300 ahead of UK Retail Sales, PMI

GBP/USD bulls take a breather around the highest levels in nearly two months, making rounds to 1.2290 after rising in the last two consecutive days, as the volatile week is left with one last ball to play. The Cable pair cheered the US Federal Reserve’s (Fed) dovish rate hike, as well as the Bank of England’s (BoE) readiness for more rate increases to renew the multi-day top of late. 

GBP/USD News

USD/JPY steadies near six-week low under 131.00 on mixed Japan inflation, US data eyed

USD/JPY steadies near six-week low under 131.00 on mixed Japan inflation, US data eyed

USD/JPY portrays a corrective bounce off the multi-day low amid mixed inflation numbers from Japan and a shift in the sentiment during early Friday, following a volatile week. That said, the Yen pair picks up bids to 130.80 as it prints the first daily gain in three while keeping the late Thursday’s bounce off the lowest levels since February 10.

USD/JPY News

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Editors’ Picks

AUD/USD sits in familiar range as markets consolidate

AUD/USD sits in familiar range as markets consolidate

AUD/USD is trading at around 0.6680 in early Asian Friday morning following a choppy number of sessions in financial markets. The pair traveled between a high of 0.6755 to a low of 0.6669 on Thursday but closed near its open and in the red as the US Dollar pared earlier losses on Thursday. 

AUD/USD News

EUR/USD bears flirt with golden Fibonacci ratio, focus on 1.0765-60

EUR/USD bears flirt with golden Fibonacci ratio, focus on 1.0765-60

EUR/USD seesaws around 1.0830-20 as the key Fibonacci retracement level probes bears during early Friday, following the Euro pair’s U-turn from a seven-week high the previous day. The Euro marked the first daily loss in six on Thursday as it failed to cross the two-month-old horizontal resistance area surrounding 1.0930-35.

EUR/USD News

Gold aims to shift business above $2,000, US Durable Goods Orders eyed

Gold aims to shift business above $2,000, US Durable Goods Orders eyed

Gold price is oscillating in a narrow range of $1,990-2,000 in the early Asian session. The precious metal is struggling to shift its auction above the psychological resistance of $2,000. However, the upside looks favored as the Federal Reserve (Fed) has come closer to halting its policy-tightening cycle.

Gold News

Arbitrum airdrop flops, but ARB still makes it to a commendable all-time high. Here’s what happened

Arbitrum airdrop flops, but ARB still makes it to a commendable all-time high. Here’s what happened

The token launch for Arbitrum was quite bumpy, to say the least after users could not claim their airdrop tokens for the first one hour post-launch. The turn of events was very disappointing, given that users had been waiting for a week for the highly-advertised ARB airdrop.

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Is the banking crisis over, or is the worst yet to come?

Is the banking crisis over, or is the worst yet to come?

When the Fed started signalling higher for longer last summer, everybody assumed that the first thing to break would be consumption, followed by big job losses. Few anticipated that the banking sector would get caught up in the crossfire of the Federal Reserve’s battle against high inflation.

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