By Kathy Lien Originally published on investing.com The U.S. dollar traded lower against all of the major currencies today after jobless claims topped 3.2 million. We’ve never seen weekly jobless claims at these levels before. They are more than four times greater than the prior high set in October 1982 and double the 1.5-million forecast. In anticipation of this blowout report, Federal Reserve Chairman Jerome Powell gave a rare broadcast interview on NBC’s Todayshow this morning to … [Read more...]
Why trading forex is similar to owning your business
Originally published on Cascade Business News Trading Forex has never been so popular ever before. This year, the global foreign exchange market has reached the highest level it has ever had before at $6.6 trillion traded every day, according to the Bank for International Settlements. It is, perhaps, the most popular way to make a living these days for over 43% of millennial Forex traders and 15% of over 45 traders. Moreover, the Forex market has also experienced a rise in the number of … [Read more...]