As an efficient trader, you make money on bullish and bearish trends. You handle scalping with impressive skill. You do excellent risk management, yet you cannot avoid losing. It is true that despite being who you are, you also lose sometimes. However, it is not true that you cannot do anything about it. You can …
The Euro traded in the green for the last three consecutive days. On Monday, it stood at $1.18455. The ECB showed no apparent sign of stemming the Euro’s appreciation. As a result, the currency gained more footing on the market over the last days. Meanwhile, the dollar’s index against a basket of currencies changed …
Euro traded in the green on Monday. How did Sterling fare? Read More »
Many traders understand that the most challenging thing about successful forex trading is deciding when to close a position. Known as a forex exit strategy, it is probably the most frustrating and challenging part of trading. When to profit in the Forex market is a very complex topic, and it does not have a correct …
The Euro climbed up slightly on Thursday as traders were waiting for a European Central Bank meeting. They tried to ascertain policymakers’ views on the Euro’s recent appreciation and its impact on inflation. The British Pound steadied above a six-week low. However, it may lose more due to growing worries that Britain and the …
Euro edged up higher as traders await the ECB’s decision Read More »
The euro traded at $1.1841 on Monday, steadying against the greenback. Meanwhile, the dollar index changed insignificantly at 92.875. U.S. financial markets closed for the Labour Day holiday. Analysts anticipate trading volumes to be thinner than usual after opening. Meanwhile, the British pound tumbled down by 0.5% to $1.3218. It touched a one-week low …
Euro steadied while Sterling fell due to Brexit disagreement Read More »
Managing your money in trading operations consists of implementing specific measures to increase your profits while minimizing possible losses. Successful Forex trading has much more to do with effective money management than a good handful of profitable trades. It is one of the secrets that separate those who trade Forex with long-term success from those …
Money Management fundamentals for beginners in Forex Read More »
The coronavirus lockdowns have caused millions of job losses. Lots of people have been forced to eat into their life’s savings to survive. However, the economic crisis caused a surge in the number of active Forex traders in South Africa. Their number has grown exponentially in recent months as people are looking for alternative ways …
Forex trading has grown exponentially in South Africa Read More »
How to Start Forex Trading? Anyone can trade forex. Let’s get that out of the way first. However, as with everything else, there is always a catch. Why are so many people attracted to the forex market? Why do some of them fail? What do the successful traders do? Can you become successful too? All …
How are exactly Forex Demo accounts functioning? People who are usually curious are forex demo accounts accurate, are the people who want to invest, but are still not sure about it. Let’s help you figure out what it’s all about, what execution differences are, and how you can create one safely. Forex demo accounts are …
Are Forex Demo Accounts Accurate? You’ll Be Surprised! Read More »
The New Zealand dollar collapsed to a three-week low in Asian trading at $0.6564, on Wednesday. Auckland resumed lockdowns as four new coronavirus cases were detected after 102 virus-free days. Analysts were waiting for a crucial central bank policy decision, which was due later on Wednesday. However, they haven’t expected any change in rates as …
New Zealand Dollar Plunged to a Three-Week Low on Wednesday Read More »
The dollar rose on Wednesday after finding support. U.S. yields surged forward, pushing the U.S. currency higher against the Japanese yen. Traders wagered on a broader and deeper U.S. coronavirus recovery. The yield on 10-year U.S. debt made its steepest gain in two months overnight ahead of a record $38 billion auction which is due …
U.S. dollar is soaring. What about the New Zealand dollar? Read More »
The dollar was under pressure on Wednesday due to crumbling U.S. yields. Thus far, Congress left the latest coronavirus relief package hanging in the air. Meanwhile, the Euro is soaring against the greenback. It seems that the U.S. recovery is lagging in Europe. Such perception boosted the common currency just below a two-year high. The …
U.S. dollar traded under pressure on Wednesday. Why’s that? Read More »
The Euro remained almost unchanged at $1.1768 on Monday. Even though it rose from a low of $1.1741 touched earlier in the session, the Euro is still more than a cent below Friday’s two-year high of $1.1908. The common currency hit a speed bump on some technical signs of being overbought in the near-term – stated …
Euro changed slightly on Monday. How is it faring? Read More »
The U.S. dollar lost some gains on Monday as traders worry about the U.S. economy’s slowing recovery. It traded at 105.90 yen, lowering from an early high of 106.44. U.S. bond yields have plunged to their lowest level since March. The 10-year rate lowered by almost 0.50%, undermining the greenback’s yield attraction. Meanwhile, the Euro …
U.S. Dollar Still Low While the Euro Remained Steady Read More »
The Euro surged forward to $1.1908 on Friday before settling at $1.1854, higher by 0.1% on the day. The currency traded below $1.10 in May. However, European Union leaders agreed to a 750 billion euro economic recovery fund this month. After that, the Euro skyrocketed again. The British pound soared to $1.3143, a 4-1/2 month …
The Euro skyrocketed on Friday. How did Sterling fare? Read More »
WhoIs Best Broker is leading Forex and Economy news Website. We provide you with the latest news and videos straight from the Financial Industry..
