The past week in the Forex markets saw a significant break in the value of the US Dollar. FMOC member Mr. Evans stated that he believes the Federal Reserve needs to see several months’ worth of data before deciding on whether or not to taper off of quantitative easing, most specifically the bond buyback program […]
Read Some MoreThe last week in the Forex markets was a relatively quiet affair in most pairs, but as usual there were a few bumps here and there. This is almost always the case, as the markets will go back and forth in it’s interests. Lately, we have been focusing on the Federal Reserve, and whether or […]
Read Some MoreOne of the most common questions I get every now and then is whether it is possible to transact on a forex account using PayPal. As the world gradually moves towards cashless transactions, potential and current traders are desperate to know if they have to be stuck with the time consuming methods of depositing funds […]
Read Some MoreBrokers get a share of the $4trillion that circulates in the forex market every day, by charging commissions on accounts and from trading spreads that is charged on the difference between the bid and ask prices for all trades executed on their ECN and market maker platforms. This revenue model is thus dependent on the […]
Read Some MoreHave you been the victim of an elaborate scam in the Forex market? Not to worry. There are places where you can run to for help if you feel you have been taken advantage of. There are regulatory agencies which have been created to protect you and I from the various Forex scams that are […]
Read Some MoreToday, we will go through the processes that constitute the correct approach to a typical trading day for a forex trader. The most important component of a typical day in the trading business is to first understand the sentiment of the market. A trader who understands what the prevailing market sentiment or feeling is will […]
Read Some MoreMergers and acquisitions constitute another set of tools that can be employed by the forex trader to generate medium term profits. The big question is: how are mergers and acquisitions related to the stock market? What is the correlation between the two? The Correlation A strong equity market will see a significant amount of cash […]
Read Some MoreCrude oil is a very important component of the world economy and the financial markets. Priced in US dollars, many countries of the world earn their money from exporting large amounts of it found within their territories. Crude oil is so important because of all the derivative products obtained from it, used in several industries […]
Read Some MoreMobile trading with smartphones is really picking up pace as traders discover the unlimited possibilities that come with the use of these phones in trading activity. With these phones, a trader can now open a trade position in the bathroom, monitor it while on the train to work, and close the position in the restaurant. […]
Read Some MoreWelcome to 2013! What better way can we start the year than to give you a heads-up on some of the forex trading contests that you can participate in and get some money to get your forex trading campaign going. Many brokers throw up forex trading contests from time to time in order to increase […]
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