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Trend continuation for EUR/GBP, CHF/JPY and NZD/CHF

Forex traders (foreign exchange traders) anticipate changes in currency prices and take trading positions in currency pairs on the foreign exchange market to profit from a change in currency demand. They can execute trades for financial institutions, on behalf of clients, or as individual investors.

Markets have stabilized and the US dollar is attempting recovery after a risk-on Monday, fueled by China’s stock market surge and lower US coronavirus concerns. A mix of figures and COVID-19 statistics are set to rock markets.