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FOREX Market Wrap: 28th FEB 2020

Posted on Feb 28, 2020 by Jonathan Kibbler

In this week’s Forex market wrap video, we take a look at the major currency pairs and how they have been impacted this week.

The market continues the risk-off sentiment seeing stock markets fall drastically as the Coronavirus pandemic continues to grow globally. The Yen has gained significant strength this week and will likely continue in line with the stock market decline. Follow the video above to find out how the other major currency pairs have performed this week.

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Copyright © 2020 Blueberry Markets. All Rights Reserved.Risk Warning: Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Blueberry Markets, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle (including the risk of losing substantially more than your initial investment). A Product Disclosure Statement (PDS) and a Financial Services Guide (FSG) for our products are available to download from our Legal Documentation page. You must assess and consider them carefully before making any decision about using our products or services.Blueberry Markets Group is a trading name of Eightcap Pty Ltd (ABN 73 139 495 944). Eightcap is regulated by the Australian Securities & Investments Commission (ASIC) – AFSL number is 391441. This AFSL authorises Eightcap to provide financial services to people in Australia. The information on this website is of a general nature only and is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Blueberry Markets is not a financial adviser, and does not issue advice, recommendations, or opinion in relation to acquiring, holding or disposing of a margined transaction. We provide general advice only and accordingly you should consider how appropriate the advice (if any) is to your objectives, financial situation and needs before acting on the advice.

 

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