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Worries about the low interest rates
by admin ·
Today Federal Reserve Chairman Ben Bernanke hinted that interest rates for a long time will remain at the same low level, and the first interest rate increase can occur only when the unemployment rate starts to decline in the country. As a result, we now see the dollar falling against most of the speculative currency.
In tandem with the euro, this growth seems quite logical and natural part of the development of the basic correction of the downtrend on the euro / dollar. A high-yielding currencies with the situation much more complicated than, say, an Australian now practically traded near one of the most important resistance levels – 0.94, in the event of breakdown of which, to a level of parity, will remain just another 1 – 0.9850, which is incidentally the historical maximum of the Australian dollar. A similar situation and with the Canadian dollar, if you consider the fact that the level of parity in all the same samples (or will be breached today).
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Actor, Artist, Filmmaker, Businessman and Producer (American)
In the Forex market, every time you close a transaction, the system automatically calculates both profits and losses, but it would be interesting to know how this mechanism.