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CFD Trading

CFD Trading

Contracts for Difference (CFDs) are financial derivatives that enable traders to speculate on the price movement of various assets without owning the underlying asset. CFDs offer the advantage of trading both rising and falling markets, making them versatile instruments. Traders can profit from price fluctuations in assets like stocks, commodities, indices, and currencies without taking physical ownership. However, CFDs also involve high risks due to leveraged trading, which can magnify both gains and losses. It’s essential for traders to understand the market, use risk management strategies, and consider their financial situation before engaging in CFD trading.
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EUR Lower After Macron Calls Snap Election

On Monday, the euro was lower for the third straight day and…

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AUD Inches Down as Business Confidence Drops

On Tuesday, the Australian dollar dropped by 0.28%, and AUD/USD traded at…

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GBP Ignores UK Unemployment Hike Ahead Of GDP

On Tuesday, the British pound drifted and GBP/USD traded at about 1.2720,…

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USD Reaches Hits 4-Week High Before Inflation Report Due on Wednesday

On Tuesday the US dollar reached a 4-week high before a highly…

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Technical Outlook on the Performance of Binance Coin (BNB)

It was difficult for the bulls to push BNB/USD further to the…

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Technical Outlook on the Performance of Ripple (XRP)

The chart of XRP/USD shows that there was an attempt by the…

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Technical Outlook on the Performance of Ether (ETH)

The chart of ETH/USD shows that the bulls tried to initiate a…

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Technical Outlook on the Performance of Bitcoin (BTC)

The chart of BTC/USD shows that the bulls made another attempt to…

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GBP Flat Before UK Employment Data

On Monday the British pound started the week quietly and GBP/USD traded…

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