Trade Forex: Checking the news helps to make better decisions

To be able to trade Forex, it is necessary to be in tune with the news every day. Knowing what is happening in the world can help traders to make good decisions; according to Reuters it is a good idea to be cautious with the dollar. Also mentioned in the report, the dollar fell to a five-week low against a basket of major currencies on Friday (26-07-2013) on concerns that possible tweaks to the Federal Reserve's forward guidance next week could keep interest rates lower for longer.

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