The European trading session is one of the most favorable for traders. It offers high volatility while the market behaves quite predictably, unlike the American session. That is why most traders start trading with the opening of the London Stock Exchange.
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Forex trading
How Oil Affects the US Dollar
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If you have at least one major currency pair in your portfolio, then you need to be aware of all the factors that affect the USD. You already know the importance of tracking economic and political news in the United States. Today we'll discuss how oil price affects the dollar rate.