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Stock market close times vary among different markets around the world, but typically the forex markets close at 5:00 pm EST on Monday to Friday. It is important to note that the actual closing time will be subject to change, depending on daylight savings or other broker specific preferences. It is advisable to always check with your broker to confirm the actual stock market close times.
Today’s forex news focused on the latest market trends and developments in the currency markets. Investors had a glimpse of critical economic reports that affected the global currency markets. Traders were keen to monitor the U.S. trade balance and the weekly jobless claims figures for insights into the American economy. Meanwhile, the latest figures on the Eurozone inflation and the Eurozone industrial production had prompted market participants to assess the health of the eurozone’s recovery from the coronavirus pandemic. Additionally, investors had watched for updates on the upcoming Brexit negotiations and other vital Brexit events to better comprehend the possible outcomes for the currencies.
Profit Forex is a highly specialized form of liquid investment that has the potential to generate tremendous returns. It is an advanced and sophisticated form of currency trading that requires a great deal of expertise. Though it can yield significant profits, there are a few risks involved, which means it’s essential to take the time to learn proper techniques and strategies before jumping in. With an experienced trader acting as a guide, it is possible to close at a profit more often than not.
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Malaysia is a significant player in the global financial markets and the forex news in the country can have an effect on international markets around the world. Today, the currency markets are abuzz with news from the trading floor in Malaysia. The Malaysian Ringgit remains one of the stronger currencies in the region and is sought after by traders for its liquidity and modern regulation. Investors and speculators are carefully watching for forex news from Malaysia, to apply their strategies and take advantage of any opportunities that arise.
The currency markets were relatively quiet today as traders awaited the release of key US economic data due later in the week. The Euro was up slightly against the US Dollar, while the British Pound was largely unchanged. The Canadian Dollar was the top performer among the major currencies, with the commodity-linked currency strengthening against the greenback. Traders will be keeping an eye on inflation, retail sales, and GDP readings this week for clues of future monetary policy and economic trends. It is widely expected that the Federal Reserve will keep interest rates unchanged, but it will be interesting to see how the FOMC members discuss the key data points in their upcoming meeting minutes. Keep an eye on the latest news and analysis here for more insights into the forex markets.
