In the first section of our Forex training course we discuss and learn about the very basics that surround Forex trading. If you are new to trading than this section is especially useful because it eliminates any guess work about the Forex market and confirms the questions you may have when deciding if this industry is right for you. Click on the first video below and watch all the videos in this section to start learning about Forex.
The US Dollar is flat on the week but a couple of big drivers are ahead on the economic calendar. FOMC Minutes are on the docket for 2 PM ET.
There is in excess of USD 16 trillion of negative yielding government debt (bonds) trading in the market at the moment. Every day investors hold these bonds, they lose money.
The US Dollar may rise vs the Euro if the FOMC meeting minutes cool rising rate cut bets amid growing downside risks to the global economy.