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Automatic Forex Trading News

Questions Linger Regarding New Forex Rules

Congress and regulators have thrown the forex trading industry a huge curve ball. We're scurrying to get answers to important questions.

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Daily forex trading hits $4 trillion a day

Global currency trading has surged by a fifth over the past three years to hit an average of $4 trillion a day in April, according to the latest triennial report from the Bank for International Settlements, released today.

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Forex: Dollar dips on downbeat ADP report

EUR/USD recovery from 1.2625 low yesterday has extended about 45 pips higher to reach a fresh 9-day high at 1.2835 after the release of US ADP employment report, while GBP/USD recovery from 1.5325/35 support area has extended beyond 1.5415, to reach a fresh session high at 1.5445.

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Forex: EUR/USD extends beyond 1.2800 after ADP

FXstreet.com (Barcelona) - Euro recovery from 1.2625 low yesterday has extended about 45 pips higher breaking through 1.2800 area and reaching a fresh 9-day high at 1.2840 after the unexpectedly weak US ADP employment report.

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Forex: USD/JPY spikes down below 83.80 on weak ADP

FXstreet.com (Barcelona) - Dollar Yen retreat from 84.60 resistance area on Asian session has spiked down after the unexpected decline of US ADP figures and the pair hit session low at 83.65 low, although breach of 83.80 has not yet been confirmed.

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