Conventional wisdom says higher unemployment indicates economic weakness, so the currency responds accordingly. But if it were that easy, Forex wouldn’t require so much analysis and study. A lower unemployment level means the economy grows and the currency strengthens. However, the currency wouldn’t require much study and analysis if it were that easy. As the […]
Forex Markets and Structural Unemployment Read More »
In Forex trading, tick scalping is a short-term intra-day strategy that involves buying and selling currencies frequently to make small profits. Here are the benefits/risks of tick scalping. You need to understand how tick scalping works and the benefits/disadvantages of this trading strategy. Definition of tick scalping As a trading strategy for Forex, tick scalping
What is Tick Scalping in Forex? Read More »
Generally, traders do not open positions with a risk-reward ratio of less than 1. In the case of a trading setup where you must place your stop loss 90 pips away from the market and your take profit target 30 pips away, most professional traders do not take the trade. Experienced traders do not open
Risk-Reward Ratio: Crafting a Fail-Safe Money Management Plan in Forex Read More »
Due to the Labor Day holiday in the United States, trading volumes were low on Monday. In the coming week, trading activity is expected to pick up, and overall activity will also increase after the holiday season ends in the US and Europe. The movements of global funds will have a significant impact on asset
Dollar-Positive Sterling and Euro Moves Against Stagflation Fears Read More »
In today’s policy meeting, the Reserve Bank of Australia kept the Cash Rate at 4.10 per cent. Governor Lowe stated that higher rates are helping to lower inflation, which has passed its peak but remains too high. In response, the Australian Dollar fell against most other currencies after Lowe warned that further tightening is possible.
Forex Signals Brief: Central Banks Are Back with RBA Meeting Today Read More »
Investors assessed that rate setter Isabel Schnabel’s less hawkish stance contributed to a fall in eurozone government bond yields after inflation data failed to settle the debate over the European Central Bank’s September rate decision. Bond prices, which move in inverse correlation with yields, are expected to remain in a narrow range ahead of U.S.
Euro Zone Yields Set to Fall Week, Focus On US Data Read More »
Trading currencies on the Forex market, or foreign exchange trading, is a global decentralized market. Forex trading offers immense profit opportunities to individuals and institutions due to its daily trading volume of over $6 trillion. Due to the decentralized nature of the market, traders should avoid fraud and unethical practices because of its decentralized nature.
The Role of Regulatory Bodies in Ensuring Forex Market Integrity Read More »
A time of uncertainty can make trading Forex even more stressful. Combined with other financial challenges caused by the pandemic, trading Forex can be a bit difficult. Of course, backing out isn’t a solution. You can build confidence and experience dealing with unfamiliar situations if you know how to trade in times of uncertainty. The
How to Handle an Uncertain Market in Forex? Read More »
