A+Forex MT4 Indicators

New York Foreign Exchange Market-U.S. manufacturing industry hits a new 10-year low, the strong dollar is hit, the safe-haven currency rises; the pound falls, the Australian dollar plummets
On Tuesday (1st), the US dollar index broke a two-and-a-half-year high of 99.65 in early trading, and fell sharply during the session, dropping more than 60 points at one point. As the US announced lower-than-expected data on manufacturing and construction spending, the market’s concerns about the economy increased and increased The Fed expects to cut interest rates again. The safe-haven Japanese yen rebounded from a two-week low, and the Swiss franc also rose against the US dollar.
The United States announced that the ISM manufacturing index fell to 47.8 in September, a record low in more than a decade, indicating that the Sino-US trade tensions have worsened business conditions.
Paul Ashworth, Chief Economist of Toronto Capital Economics, said: “We guess that the weak data is partly due to the general strike in mid-September. In view of the poor economic data, the Federal Reserve will still cut interest rates again in December. code".
Juan Perez, a senior foreign exchange trader at Tempus Inc in Washington, is still optimistic about the U.S. dollar: "Although the Fed’s expectations of interest rate cuts have increased again, due to the domino effect, central banks around the world are cutting interest rates, and the U.S. dollar has not completely lost it. The economies of major countries in the world are still struggling. The United States is still growing at a rate of 2%, so the US dollar seems to be a relatively safer asset."

Instead of going for a loan I decided to invest in forex trading with Jane Gilbert after I read so many good reviews about her . I am glad to tell you that she is the only legit trader I know. I invested $500 and got $6000 in just one week. Contact her directly on these if you need financial Freedom. WhatsApp: +85263549557

Seasoned traders aim for a consistently profitable trading strategy over the long term. Statistics would tell us that traders have only two key factors to play with, Win Rate and Risk Reward
Ratio.
This indicator helps traders ensure that every trade they take would yield a positive Risk Reward Ratio.

Free Sign Up & Download Forex Trading Strategies

A+Forex MT4 Indicators updated their phone number.

A+Forex MT4 Indicators updated their business hours.