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As idle cash looks to find a strong and secure yield, it is no wonder that the New Zealand Dollar has benefited from the current Euro-Zone crisis. Pairs such as the Australian Dollar and New Zealand Dollar are often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years. Although Chinese growth may become a cause for concern as the nation shifts away from export led growth, weakness in the Euro-Zone may cap any significant reversal.
75% of retail CFD accounts lose moneyTrading forex carries a high level of risk
Commodities Update: As of 17:00, these are your best and worst performers based on the London trading schedule:
Oil - US Crude: -0.27%
View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/1n9eel9mPM
Forex Update: As of 17:00, these are your best and worst performers based on the London trading schedule:
View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/or5TUZZUWN
The DAX is breaking lower out of a short-term topping sequence, the pattern discussed on Thursday as having the potential to at least induce a pullback within the context of a larger uptrend. Get your #DAX market update from @PaulRobinsonFX here:https://t.co/nFPT9a7KGi https://t.co/AJFUWoj2uQ
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.
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