COT Reports Analysis

The Commitments of Traders report points to the growth of the open interest in the Euro and British Pound. There is an increase in the total positions of commercials on Euro, Canadian Dollar, and Japanese Yen.
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There is an increasing interest in Euro and British Pound. The total positions of commercials and large speculators on the Canadian dollar remained almost unchanged. Commercials have reduced total positions in Japanese Yen.
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Monetary Policy Statement: What you need to know
Almost every month in the economic calendar, traders can see such events as the monetary policy meeting minutes. As a rule, during the publication of this protocol, the volatility increases sharply. Let's find out what this protocol is and whether it is possible to make money on it.
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Forex Trade in Nigeria: Choosing the Right Timing for Successful Trading
The Nigerian economy is strong and blossoming, so it provides plenty of opportunities for earning, investing, and making more money. Forex trading is one of the ways to multiply your savings, but there are many factors that impact the outcome of your trading. Along with choosing the right currency pair, you need to carefully calculate when to trade (and when not to trade). This article will help you keep track of the best trading periods by the Nigerian time and how to decide when to enter the trades and when to refrain from them.
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