Factors To Consider When Choosing A Broker For Trading At Forex Market
With such a diverse selection, picking a reliable broker is a daunting task, but there are some universal tips which will help to make the right decision.
If you think of becoming a trader, start your carrier not with learning the Forex basics but with learning how to distinguish trustworthy brokerages from shady operators.
Market Brief: Boeing Takes Off in Half-Holiday Trade
View our guide on how to interpret the FX Dashboard.
US and Canadian bond markets were closed for Veteran’s Day, leading to lower volatility in other markets and a dearth of economic data releases
In terms of major news, the headlines that Nigel Farage’s Brexit party would sit out the coming UK election reduced the risk of a hung Parliament and boosted the pound.
FX: The New Zealand dollar and British pound were the strongest major currencies on the day, while the Australian, Canadian, and US dollar are all vying for the day’s worst performance as of writing.
Commodities: Gold ticked lower to test a key support level and oil edged lower in a quiet day.
US indices closed mixed in quiet holiday trade.
REITs (XLRE) were the strongest major sector on the day; Energy (XLE) brought up the rear.
Stocks on the move:
Boeing (BA) rallied 5% after announcing its 737 Max fleet could return to service in January.
Goldman Sachs (GS) dropped -2% after the NY Department of Financial Services announced a probe into the new Apple Card (AAPL, +1%).
Alibaba (BABA, -0%) was essentially flat despite announcing its Single’s Day haul of CNY268B ($38B USD).
Original from: www.forex.com
No Comments on “Market Brief: Boeing Takes Off in Half-Holiday Trade”
