Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.
Australia's ties to China and the 'hard' commodities it produces have fostered a historical relationship between the local currency and precious metals. The value of the Canadian Dollar is strongly correlated with the price of crude oil as the country remains a dominant exporter of the commodity. Both currencies are therefore sensitive to broader commodity price trends.
73% of retail CFD accounts lose moneyTrading forex carries a high level of risk
Crude oil managed to stabilize its dramatic bearish trend this past week, but the current continues to carry the commodity lower. Get your weekly oil forecast from @JohnKicklighter here: https://t.co/LljZ6T7tQF https://t.co/RFuFzMFJfF
@HathornSabin shares her experience as a trader and financial analyst at DailyFX – with a focus on fundamental analysis. Interested? Watch the video to find out more about Daniela’s journey. https://www.dailyfx.com/forex/video/education/2021/09/02/DailyFX-Analyst-Daniela-Sabin-Hathorn-the-Foundation-of-Markets.html https://t.co/KkPwZXqBnn
Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.
FX PUBLICATIONS IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.
FX Publications Inc (dba DailyFX) is registered with the Commodities Futures Trading Commission as a Guaranteed Introducing Broker and is a member of the National Futures Association (ID# 0517400). Registered Address: 32 Old Slip, Suite 803; New York, NY 10005. FX Publications Inc is a subsidiary of IG US Holdings, Inc (a company registered in Delaware under number 4456365)
Sign up now to get the information you need!
Receive the best-curated content by our editors for the week ahead.