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EUR/GBP Technical Analysis: EUR/GBP reaches 0.8870 support Share This : landscape-tablet-and-medium-wide-browser
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Chart Advisor *Have you ever traded before? Total progress: You will get back US$1,100 Currency speculation is considered a highly suspect activity in many countries.[where?] While investment in traditional financial instruments like bonds or stocks often is considered to contribute positively to economic growth by providing capital, currency speculation does not; according to this view, it is simply gambling that often interferes with economic policy. For example, in 1992, currency speculation forced the Swedish National Bank (the central bank of Sweden) to raise interest rates for a few days to 500% per annum, and later to devalue the krona. Mahathir Mohamad, one of the former Prime Ministers of Malaysia, is one well-known proponent of this view. He blamed the devaluation of the Malaysian ringgit in 1997 on George Soros and other speculators.
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End of bear trend Here you can see all course videos completed. Click any link to go direct to that video. ECB's hawkish presser was overshadowed by Draghi's confirmation that rates will remain low at least until September 2019. Odds for a rate hike then are now at 57%.
EXPLORE 2. Why Do Currency Rates Change? See Details Once you define how much you are willing to lose on a trade, your next step is to find out where you will enter and exit a trade in order to get the most profit.
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