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The Federal Reserve accepted a total of $2.034 billion from eight counterparties in its fixed-rate reverse repurchase operations.On May 15, Libyan Prime Minister Ayatollah Debaiba attended the Libya-China Strategic Partnership Dialogue on May 13, stating that Libya highly values its strategic partnership with China and is willing to enhance practical cooperation with China in multiple fields. In his remarks, Debaiba said that the two countries have complementary advantages, and the future of cooperation is promising. He welcomed Chinese enterprises to invest and do business in Libya, and Libya is willing to provide a safe and stable business environment for Chinese companies. Libya is willing to strengthen cooperation with China in energy, infrastructure, industry, and other fields to achieve mutual benefit and win-win results. Chinese Ambassador to Libya Ma Xuliang stated that the friendship between China and Libya has a long history, the political foundation for cooperation between the two countries is solid, their economies are highly complementary, and the prospects for cooperation are broad. China is willing to work with Libya to create favorable conditions, steadily and orderly promote practical cooperation in various fields, continuously enrich the connotation of the China-Libya strategic partnership, and benefit the people of both countries.According to the Wall Street Journal: Two Japanese oil tankers transited the Strait of Hormuz after the Japanese prime minister spoke directly with the Iranian leadership to ensure the safe passage of Japanese vessels.Federal Reserves Hamack: Independence is crucial for effective central bank policymaking.Cerebras Systems, an artificial intelligence chip manufacturer, opened at $350 on its first day of trading on Nasdaq, with an IPO price of $185.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

  • NFP and Forex: What is NFP and How Does It Work?

    Non-farm payrolls (NFP) are a critical economic indicator for the US economy. It is the amount of new employment created, excluding agricultural workers, government employees, private home employees, and nonprofit organization employees.

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  • 5 Ways to Control Risk When Trading Forex

    Proper risk management is a must if you want to be a successful trader. Continue reading to learn about the risk control techniques that every forex trader should be familiar with.

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  • How To Evaluate Leading Economic Indicators?

    Leading economic indicators forecast the next business cycle phase. Leading indicators help you stay ahead of the curve. This article demonstrates how economic indicators may be used to assess the status of the economy.

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  • How to Trade Forex During the Asian Trading Hours?

    The Asian session is notorious for being the slowest and most difficult session for forex traders. This article will teach you how to trade forex during Asian trading hours.

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  • How to Trade Using the Carry Trade Strategy?

    Carry trading is one of the most basic currency trading methods available. This post will provide you an overview of forex carry trading - what it is, how it works, and how to apply your own carry trade strategy.

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  • How to Enhance Your Moving Average Crossover Strategy

    Moving averages are indicators used in technical analysis. In this essay, I'll show you how to improve on the basic moving average crossover strategy.

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  • How to Use a MACD Crossover to Enter Trades

    The Moving Average Convergence/Divergence (MACD) indicator is a technical indicator that measures the market's momentum and direction by comparing the difference between two exponential moving averages. When the MACD line and the signal line intersect, the MACD crossover occurs, frequently signalling a change in the market's momentum/trend. The MACD is regarded as a very accurate indicator, particularly in trending markets.

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  • The Ascending Triangle: What is it & How to Trade it?

    The ascending triangle, sometimes known as the 'rising triangle,' is a popular mid-trend continuation pattern. Traders predict that the market will continue in the direction of the wider trend and therefore build trading setups.

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