On Tuesday, Australia’s dollar declined after its central bank discouraged investor hopes for a hawkish pivot. This started a long week for monetary policy that included the Federal Reserve and Bank of England decisions. The Aussie fell as much as 0.48% before trading 0.24% lower at $0.75026. Last week, it was as high as $0.75556, …
The euro fell below $1.16 ahead of the European Central Bank’s (ECB) meeting on Thursday. Investors are closely monitoring the central bank’s meeting. They would like to learn more about policymakers’ views on the outlook among other topics. The single currency dropped 0.2% to $1.1586 by 09:50 GMT. The dollar index which tracks the greenback …
Who wants to lose their hard-earned money? No one, of course. Traders always try to minimize losses. A standard solution for this is to not risk more than 2% of funds in any single transaction. This is called the 2% rule. What is the concept of the 2% rule? The 2% rule is an investment …
2% rule: Best solution to minimize losses while trading! Read More »
The U.S. dollar, or the greenback as many people call it, fell on Tuesday. It could not gain momentum, with most major currency pairs little changed as investors waited for major central bank meetings this week. One major bank, the Bank of Canada, meets on Wednesday. European Central Bank and Bank of Japan meetings are …
U.S. Dollar Suffered Losses Ahead of Central Bank Meetings Read More »
On Monday, the Turkish lira fell to 9.85, its another all-time low after President Tayyip Erdogan said he ordered the expulsion of ambassadors from the U.S. as well as nine other Western countries. A combination of problems stoked market volatility and sent Turkey’s sovereign dollar bonds tumbling. After touching the record low against the U.S. …
Erdogan’s Decisions Continue to Affect the Turkish Lira Read More »
The dollar declined against its rivals on Friday. The greenback is on track for a second consecutive week of decline as news that China Evergrande Group averted a default buoyed appetite for risky assets. Concerns regarding Evergrande sent investors flocking to the perceived safe-haven currencies like the dollar and government debt. It is not hard …
Global markets and trends are changing each day. Some major influencers cause price movements each second. How have you performed Forex, Stocks, Crypto, and Commodity markets this week? Our weekly overview will answer this question and summarize this week’s overall market performance. Forex market weekly overview Let’s start with the foreign exchange market. The U.S. …
Weekly Overview: Forex, Stocks, Crypto, Commodities Read More »
The greenback held steady on Wednesday, after an improvement in global risk appetite saw riskier currencies gain as well as the safe-haven yen hit a four-year low against the U.S. dollar overnight. Reduced demand for safe-haven assets saw the greenback hit a four-year high against the yen on Tuesday. The U.S. currency reached 114.695. However, …
Risk Appetite and Its Impact on the Australian Dollar Read More »
While you meet margin trading opportunities with almost every brokerage firm, you might still not fully understand what it tactually means. How can you use it? Why is it important? Let’s discuss margin trading opportunities in detail. Understanding of Margin Trading essentials Margin trading in the forex market is the process of depositing good faith …
Margin Trading: What is it and how can you benefit from it? Read More »
Global markets and trends are changing every day. Let’s discuss what major updates have Forex, Stocks, Crypto, and Commodity markets experienced this week. Forex Due to the rebound in global risk appetite, the U.S. dollar fell against major currencies for the first time since last Friday, while the Japanese yen fell to a three-year low, …
Weekly overview: Forex, Stocks, Crypto, Commodities Oct 15 Read More »
The U.S. dollar fell on Friday morning in Asia. The greenback is on track for its first weekly decline since the start of September. The dollar retreated from a one-year high as investors focus on when the country’s central bank will start to hike interest rates. The U.S. Dollar Index that tracks the U.S. currency …
On Tuesday, the dollar touched a one-year high on hopes that the United States Federal Reserve will announce a tapering of the bond-buying program next month. Hence, investors fled to the safe-haven currency in response to rising energy costs. On the two-year Treasury note in the United States, Yields rose to their highest level in …
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The world’s most famous currency the U.S. dollar rose on Wednesday amid uneasiness that bursting energy prices could trigger inflation and interest rate hikes, and as traders awaited U.S. jobs data for clues on the timing of the central bank’s policy tightening. New Zealand’s central bank lifted its official cash rate for the first time …
A Combination of Factors Helped to Boost the U.S. Dollar Read More »
Large banks constitute a large number of transactions in the currency market, but how exactly do they do it? How do these large financial institutions trade, and what goals do they hope to achieve through these institutions? Can understanding their strategies and long-term goals help small traders such as retail traders find profitable strategies? These …
How do banks trade in Forex? Can you use their strategy? Read More »
