The US Dollar is trading on its back foot again as USD price action plunges lower against key FX peers. News that president-elect Joe Biden will formally begin the transition process helped propel a risk-on move, which likely piggybacked on the market’s upbeat reaction to word that former Federal Reserve Chair Janet Yellen will be tapped for Treasury Secretary. Also, worse-than-expected consumer confidence data released shortly after the New York opening bell this morning could have contributed to an unwind of the positive response by USD price action to a solid US PMI report yesterday. US Dollar weakness across … (full story)
We accept
More payment methods coming soon…
“CMX MARKETS” Ltd does not accept clients from the following jurisdictions: Afghanistan, American Samoa, The Bahamas, Botswana, Democratic People’s Republic of Korea, Ethiopia, Guam, Iran, Iraq, Libya, Pakistan, Panama, Puerto Rico, Samoa, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, US Virgin Islands, USA and Yemen.
Risk Warning: Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved.
Office: Republic of Moldova, mun. Bălți, str. Dostoevschi, nr. 12, tel: +373 (231) 84 012
Secured By SSL.
Copyright © CMXMarkets. All rights reserved.