The mainland yuan fell to its weakest level against the dollar since the 2008 global financial crisis amid a steady rise in the US currency in currency trading and rumors that China is easing support for the local currency. The domestic yuan weakened to 7.2256 per dollar, a level not seen in 14 years, while […]
Yuan falls to the lowest level since 2008 as PboC Loses Control Read More »
As the BoE and UK Treasury sought to calm jittery markets, the pound rose slightly in Europe on Tuesday morning. As UK Chancellor Kwasi Kwarteng promised more tax cuts, the pound fell nearly 5% to a record low of $1,035 the day before. Despite the rise, Britain’s currency is still at its lowest since 1985.
GBP/USD Slightly Recovers After Hitting Record Lows Read More »
Many options traders know about the leverage and flexibility options offer, but they may not realize how valuable they can be as a tool for predicting future events. An indicator of future market direction known as the put/call options volume ratio is one of the most reliable indicators of contrarian sentiment. We can understand how
Predicting Forex Market Extremes Using the Put/Call Ratio Read More »
Diversifying your portfolio is key to keeping it healthy when the economy is down. Learn how diversifying your portfolio affects your risk-to-reward balance, what it means, and how to do it. What is diversification? Multiplying positions across multiple asset classes is known as diversification. In this way, a single type of risk is reduced. In
Diversification in Forex: Ways to Spice up Your Portfolio Read More »
Decentralization is the hallmark of the forex market. A trader does not buy and sell currencies from a central location. The market makers and currency dealers provide currency quotes to forex traders on the interbank forex market. The sections can be accessed via the internet from anywhere in the world. Unregulated forex markets allow market
Advantages of the Non-centralized Forex Market Read More »
When you begin Forex trading online, you’ll soon realize how important it is to observe currency movements. Watching such activities on a chart is the most effective way to keep them. Forex traders have access to a wide variety of charting software options. This article provides a guide to help you determine which Forex trading
Best Free Forex Charting Softwares 2022 Read More »
Managed forex accounts allow the account owner to deposit funds and an account manager to perform trading on their behalf. Although having an account manager is generally meant to relieve the owner of the responsibility of trading-related decisions. It can be conducive to a good understanding of how the forex market works and the dynamics
Forex Managed Account- What is it? Read More »
VaR, known as Value at Risk has become one of the most popular risk management tools in the financial industry. Financial loss analysis essentially quantifies the extent of potential losses within an organisation, investment portfolio, or trading position over a given period. In forex trading and other investment scenarios, VaR is a term you’ll often
How do Forex Traders Use Value at risk (VaR)? Read More »
The forex market operates according to the optimism or pessimism of market participants reflected on a currency pair at any given time. It is a collective emotion, also known as market sentiment. These collective sentiments determine whether the market should behave in a bullish or bearish manner. Commercial players often prefer to move opposite the
Importance of Cot Reports in Forex Read More »
Since a currency trades concerning another currency, it is always traded as a pair, giving rise to a currency pair exchange rate. Aside from this, most currencies have historically moved against the U.S. dollar for various reasons. The continuing influence of Bretton Woods Following the Second World War, Bretton Woods, an agreement made during the
Why Do Most Currencies Trade Against the Dollar? Read More »
