Ringgit hits five-year high against US dollar in holiday trade
The Malaysian ringgit extended its rally, reaching a five-year high against the US dollar, trading in a narrow range of RM4.04-RM4.05.
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USDJPY and Crude oil
Abstract：#usdjpy #currencypairsanalysis #trading #forexeducation
• The USD/JPY has always shown a great correlation with crude oil trading price. The Japanese yen usually fall when oil prices rise, and vice versa.
• USD/JPY is a high-liquidity currency pair that plays an essential role in Asian market trade, particularly in the forex market.
• Whatever your level of expertise with trading, the keys to success with this combination come down to timing your trades correctly and paying close attention to interest rates and other market conditions that influence the pairing's price movement.___not an investment advice, for educational purposes only.
#investing #daytrading #forextrading #forex #profit #forexanalysis #usdjpy #currencypairsanalysis #trading #forexeducation
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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