Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices
First, there is a need to understand what forex exchange trading is all about. It is a process of skillfully trading different currencies from several countries. To give you a concrete example, let us take for example the dominant currency in Europe today called the Euro (EUR) and the flagship currency of the United States
Leveraged Forex Exchange Trading Read More »
People who want to learn how to trade forex nowadays are in luck because of the availability and accessibility of information through online sources. Getting educated on the basics of forex trading is made easier with hands-on practical applications that simulate actual forex trading scenarios. With such tools available, people are able to sample forex
How to Trade Forex – 4 Tools of the Trade for Every Newbie Read More »
This morning base metals are trading down by 0.03 to 0.71 percent at LME electronic platform while the Asian equities are also trading on a weaker note. Riskier assets including base metals are mostly down on caution ahead of a meeting later in the session by the European Central Bank, which is expected to cut
Gold and Silver Wait on Central Banks Read More »
Yesterday, trading in the EUR/GBP cross rate was confined to a tight sideways trading range around the 0.8020 pivot. Monday’s correction of the euro had halted, but there was no appetite/news to send the single currency higher. The UK data neither provided any clear guidance. Contrary to the manufacturing measure on Monday, the construction PMI
The EUR/GBP prepares for the Battle of the Central Banks Read More »
On Tuesday morning base metals are trading up by 0.2 to 1.2 percent at LME electronic platform. Asian equities are also trading up by 0.4 to 1.6 percent as early morning the Chinese non-manufacturing PMI increased more than expectation supporting gains in riskier assets coupled with gains in western markets. As expected, the Euro-Summit after
Metals and Markets in the Morning Read More »
On Wednesday, trading in the major sterling cross rates, including in EUR/GBP, was far less animated than was the case over the previous days. Initially, sterling held near the recent highs against the single currency, but there were no additional gains. The UK data were mixed. The BBA loans for home purchases were weaker than
The GBP Doesnt Measure Up Against the Euro Read More »
Yesterday, sterling was well bid, even as the news flow from the UK was not supportive for the currency. Uncertainty on the outcome of the EU summit was the key factor for trading in the major euro cross rates. However, sterling was an outperformer. EUR/GBP was on a gradual downward trajectory throughout the morning session
The Unsinkable EUR/GBP Read More »
Asian equities are trading down by nearly a percent after weak western counterparts and weak economic development. The Chinese bourses are closed due to dragon-boat festival and metals may remain mostly subdued due to lack of downstream demand. Further, from the Euro-zone, Greece pro-bailout parties are forming the coalition while it needs to ensure austerity
Whats the story with Gold Read More »
On Thursday morning, EUR/GBP traded more or less in line with the development of the headline EUR/USD pair. The pair traded in the high 0.80 area at the start of trading in Europe. The euro came under pressure early in the session as the Germany PMI disappointed. The UK retail sales were marginally better than
The EUR/GPB Technical Speaking Read More »
Equities are trading up after increased import and export figures from Japan supported gains. The G-20 summit endorsed policies related to the Spanish Banks as the yields of the 10-year bond has increased above 7 percent hitting a record high for the EU at 7.13%. Spain is also scheduled for a bond auction tomorrow and
Gold before the FOMC Read More »
