The Forex market is a platform for the exchange of currencies from all over the world. Multinational corporations, product manufacturers, big banks use it to convert money from one currency to another. In theory, anyone can participate...
According to estimates, the average traded value per day in the forex market is to the tune of $4 trillion, making it the world’s largest financial market. Forex trading is a high-risk activity and investors are susceptible...
Just over 10 years ago, few investors were even aware of the forex market due to the fact that the only players allowed were large hedge funds, banks, and very wealthy investors. At that time, the minimum...
Most traders have some currency pairs that they like to trade. Perhaps it is because a certain pair gave them their first winning trade or because of where they once vacationed.
Usually the most important factor in the value of a currency is the interest rate environment in that country.
Given the global nature of currency trading, the market is open for business around the clock, 24 hours a day. It is important for the trader to know the times when the major markets are active and...
Fundamental Analysis Next to technical analysis, fundamental analysis is what most traders will look to for their trading analysis.
The CPI is the most widely used measure of inflation and is sometimes viewed as an indicator of the effectiveness of government economic policy. It provides information about price changes in the nation’s economy charged to government,...
Geo-Political events can have a notable effect on the FX market. The other fundamental announcements that we have discussed previously could all fall under the heading of “scheduled events”. Each of them has a date on the...
The foreign exchange market, commonly known as Forex, is the largest financial market in the world, with an average daily turnover of trillions of dollars. It provides a platform for individuals, businesses, and financial institutions to trade...
