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Forex Trading: A Beginner's Guide II
A Brief History of ForexUnlike stock markets, which can trace their roots back centuries, the forex market as we understand it today is a truly new market. Of course, in its most basic sense—that of people converting one currency to another for financial advantage—forex has been around since nation
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Risk appetite sours forcing the AUD back below 0.64
AUD - Australian Dollar
The Australian Dollar fell through trade on Wednesday as markets adopted a guarded approach to risk after a slew of lackluster macroeconomic data sets dampened hopes for a bounce in economic activity. Having touched intraday highs at 0.6451 the AUD drifted lower through the l
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GBP/USD carries BOE-led gains on UK holiday, US NFP in focus
GBP/USD remains positive on a day, except for the latest pullback.
BOE managed to strike an upbeat tone despite conveying pandemic fears.
UK PM Boris Johnson will announce guidelines on easing lockdown restrictions on Sunday.
US NFP, Unemployment Rate likely to bears the burden of coronavirus.
GBP/
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Cboe Reports Weak Trading Volumes Across All Business Lines
Photo: Bloomberg
Cboe Global Markets, Inc. (Cboe: CBOE | NASDAQ: CBOE) has reported weak trading volumes in April 2020, which hit all business segments that enjoyed record levels of activity in March when the volatility provided pockets of opportunity.
During April 2020, Cboe disclosed a total tr
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3 Triangle Patterns Every Forex Trader Should Know
Triangle patterns have three main variations and appear frequently in the forex market. These patterns provide traders with greater insight into future price movement and the possible resumption of the current trend. However, not all triangle formations can be interpreted in the same way, which is w
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NFP & FOREX Trading
The non-farm payroll (NFP) figure is a key economic indicator for the United States economy. It represents the number of jobs added, excluding farm employees, government employees, private household employees and employees of nonprofit organizations.US Non Farm Payroll historical resultsNFP releases
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