Commodity currencies under pressure
The appetite risk in markets is dropping due to growing geopolitical tensions after Chinese armed forces simulated high-precision strikes on Taiwan during its second day of military drills. Beijing conducted three days of military exercises after a short visit to the United States by Taiwanese President Tsai Ing-wen. Risk assets, including commodity currencies, have more chances of depreciating against the dollar than they do of appreciating.
Why to trade with Libertex?
- access to a demo account free of charge
- technical assistance to the operator 5 days a week, 24 hours a day
- leverage up to 1:500
- operate on a platform for any device: Libertex and Metatrader 4 and 5
- no commissions for extractions in Latin America
Experience the excitement of trading!
Try our risk-free demo account