In Forex trading, the value of a currency is determined by its exchange rate, the spread. This is the difference between the ask price and the bid price. The trader buys a currency expecting the value to increase and then sells it back to the market at a profit. The market is open twenty-four hours a day, five days a… Read more »
What is an Economic Calendar? It’s a tool that investors use to keep track of market-moving events. These events include monetary policy decisions and economic indicators. These announcements have a high probability of affecting financial markets. By monitoring these events, investors can stay ahead of any potential changes to the economy or the stock market. This article will provide an… Read more »
If you are considering trading currencies in the foreign exchange market, you must first learn about the currency trading process. Forex trading is a zero-sum game where you either make a profit or lose money. In the Forex market, large, well-funded, and regulated corporate institutions are the ones who direct the movements of currencies. As a result, these companies are… Read more »
If you’re considering trading currencies, you may be wondering how to get started. In fact, there are a number of different ways to go about it. Here are a few tips to help you get started: Using leverage is a popular way to increase profits by trading larger amounts of currency than you can personally afford to risk. The margin,… Read more »
An economic calendar is a valuable tool for currency traders. It allows you to keep track of key events in the market, such as US Federal Reserve news releases and NFP reports. The calendar also provides a macroeconomic overview of the market and is critical for those who trade foreign currency. Key economic factors such as these can affect interest… Read more »
When starting out in the world of Forex trading, you’ll want to choose a currency pair to trade. There are more than 80 currency pairs to choose from, which are divided into three types – spot Forex trading, derivatives, and forex futures. Most new traders will begin by focusing on one or two major pairs. The euro-dollar (EUR/USD) is the… Read more »
The Economic Calendar is used to keep track of the events that can affect a country’s economy. The calendar is a useful tool for people who study economics, or those who are interested in how economic events can affect the price of different assets. These events are often published at regular intervals and vary according to country and region. Weekly… Read more »
A major advantage of Forex trading is the high liquidity, which makes it possible to trade larger amounts with relatively small deposits. Although the risk of loss is significantly higher, leveraged trading can increase profits. Using leveraged trading requires proper risk management. A key benefit of Forex trading is the fact that the market is available almost 24 hours a… Read more »
The Economic calendar is a useful tool for analyzing economic trends. The calendar provides key data on major economic events, including historical and forecasted values, impact on the market, and volatility. It also provides data on previous releases, which can be used to gauge a trend. Economic indicators can be viewed as historical charts to determine their dynamics. Data is… Read more »
In Forex trading, investors buy and sell currencies on the spot market. When they buy a currency, they also purchase derivatives, including futures, options, and swaps. The spot market is the fastest growing financial market in the world. Investors buy and sell currencies in pairs, which list the base currency first and the quoted currency second. There are major, minor,… Read more »