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Currencies are divided into two main sorts — Major currencies and minor ones. It is important to remember that the profits and losses are determined by the position size, and as leverage trading can magnify profits also losses can be enhanced.
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Risk-on environments are often carried by a combination of expanding corporate earnings, optimistic economic outlook, accommodative central bank policies and speculation. At its simplest, one can view RoRo through the equity and bond market window.
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The science of reading charts, or technical analysis, can be — indeed, is — fairly involved. Many exchanges are cryptocurrency-only.
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