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Pound GBP Still Weak, CHF Swiss Franc is Safe Haven as Trade War Continues

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Welcome back traders to another live session. Last night GBPCAD brought in an additional +100 pips of profit. We finally have EURUSD on the way to 1.10700. Yesterday, we took GBPUSD longs, but because of the price action I decided to exit…

The US-China Trade War and What it Means for the FX Markets

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By now, much of the world’s population has learnt about the ongoing trade fiasco between the United States of America and the Republic of China, but do traders understand it’s implications? Timeline of Events: Fight #1: China files a…
Forex Lens Safe Haven Currencies

What Are The Safe Haven Currencies?

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Safe haven currencies are those that tend to remain in their current state or increase in value during times of market instability, making them ‘safe’ to hold & trade during these conditions. The top four safe haven currencies are as…