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Real Time News
  • Heads Up:🇨🇳 Balance of Trade (JUL) due at 03:00 GMT (15min) Expected: $42B Previous: $46.42B https://www.dailyfx.com/economic-calendar#2020-08-07
  • The #RBI unexpectedly held rates unchanged yesterday What is the road ahead for $USDINR and the #Nifty 50 ahead of key Indian data next week? #Rupee https://www.dailyfx.com/forex/fundamental/article/special_report/2020/08/07/Indian-Rupee-USDINR-Look-Past-RBI-Rate-Hold-Nifty-50-Uptrend-Holds.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/KoaBZvChfd
  • Copper prices seem to have stalled just shy of key chart resistance as geopolitical tensions weigh on the global-growth proxy. Get your copper market update from @ddubrovskyFX here:https://t.co/qseySE5dWP https://t.co/T1pquI7oNZ
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Gold: 0.13% Oil - US Crude: -0.06% Silver: -0.39% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/rl8FyylLPm
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: -0.02% 🇪🇺EUR: -0.10% 🇬🇧GBP: -0.11% 🇨🇭CHF: -0.14% 🇨🇦CAD: -0.14% 🇦🇺AUD: -0.17% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/fLk36GuM52
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 95.95%, while traders in US 500 are at opposite extremes with 79.00%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/QgYIse5iUn
  • RT @Reuters: Trump issues executive order to address the 'threat' posed by TikTok, saying that beginning in 45 days, any transaction subjec…
  • RBA Statement on Monetary Policy - Sees no case for FX intervention. - Board continues to view negative interest rates as being extraordinary unlikely in Australia. - Yield target will remain in place until progress is being made in employment/inflation.
  • As expected, $USDMYR extended losses after confirming a breakout under a Descending Triangle What is the road ahead from here? Stay tuned for the next #ASEAN technical outlook later today! https://www.dailyfx.com/forex/technical/article/special_report/2020/07/30/US-Dollar-Drop-Continues---Now-What-USDSGD-USDMYR-USDPHP-USDIDR.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/OXRR08H7m6
  • RBA Statement on Monetary Policy - Pace of recovery to be slower than initial forecast; 2020 GDP to contract 6%. - Reiterates official cash rate (OCR) won't be raised until progress is made regarding employment/inflation. - Australian Dollar broadly in line with fundamentals.

Ben Lobel

Markets Writer

Expertise: Financial markets, enterprise, business finance.

At DailyFX Since: 2018

Experience

  • 10 years of business trade journalism
  • Worked 8 years at B2B publisher Bonhill Group in the UK
  • Previously 2X presenter of the British Small Business Awards
  • Founder of British Small Business Grants initiative providing capital for start-ups
  • Contributor to BBC Radio 4 and speaker at numerous conferences

Education

  • Bachelor’s degree in English and Social Policy, University of Leeds, UK
  • Master’s degree in Newspaper Journalism, Nottingham Trent University, UK

Most Important Trading Lesson Learned

“Trust your analysis and stay true to your trading style”

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