Why Should You Educate Yourself About CFD Trading?
There are several different types of financial products. Stocks and bonds are the most widely known, while alternative assets such as commodities, forex, and cryptocurrency also are part of a…
Trading Tips & Advice
Turkish Lira Nosedive Continues amid Inflation Woes
As many people in Turkey struggle to survive amid the present economic climate of inflation, the Turkish lira has also indicated a bleak picture. This official currency of Turkey has…
South African Rand Recovers, But Volatility Seen amid Omicron Fears
The South African rand jumped 0.93 percent to 16.14 South African Rand to US$1 during the early trading sessions in Asia today, Monday, November 29. The currency recovered from last…
Israeli Shekel Gains to a Record Strength
The Israeli shekel has become stronger this year and is still reportedly gaining more. This development comes as the country’s central bank, the Bank of Israel, completed its acquisition of…
Analysts: COVID-19 Remains a Key Factor Affecting Major Currencies
Analysts evaluating the events in the currency markets remarked that the coronavirus or COVID-19 global healthcare crisis is still a dominant factor influencing the world’s major currencies nowadays. Their perspectives…
US Dollar Weakens after US Payrolls Fail to Meet Forecasts
US Dollar Performance Following Non-Farm Payrolls Miss The US dollar erased intra-day gains made in European and Asian trading sessions early Monday morning, June 7. It also fell across the…
US Dollar Rebounds alongside Robust Labor Market Stats
The first week of April 2021 ended on a positive note for the US dollar. On Friday, April 2, the US Dollar Index posted its third consecutive weekly percentage gain,…
PBOC Responds to Yuan’s Slide with More Flexible Exchange Rate
The People’s Bank of China (PBOC) remarked that it would make the Chinese exchange rate more flexible. This statement of the Chinese central bank comes following the monetary policy committee’s…
Turkish Lira Opens Much Lower after Erdogan Ousts Central Bank Head
The Turkish lira has demonstrated that it is heavily impacted by President Recep Tayyip Erdogan’s latest move. It opened much lower during the early trading sessions after the Turkish leader…
US Dollar Falls after Fed Issues Different View
Wednesday trading witnessed the US dollar sliding, falling 0.2 percent to 108.84 Japanese yen. The euro surged 0.7 percent against the US dollar to $1.1978. According to the report posted…
State Bank of Pakistan Boosts Local Forex Processes
Pakistan-based foreign exchange or forex consumers will have a better experience starting this month. The State Bank of Pakistan, also known as the SBP, has declared that it has launched…
Euro, Aussie, and Kiwi Slide as US Dollar Stays Ascendant
The euro, Aussie, and Kiwi slid early Friday, March 5, along with stocks, as investor sentiment turned sour once more. This latest development in the foreign exchange realm comes as…
Why the Pound is Consistently Outperforming Recently?
Even though many had been focusing on a short-term Euro weakness against the US dollar, not so much attention had been given to the pound’s consistent outperformance. Cable edged above…
US Yields Signaling a Growing Liquidity Crisis?
The Us dollar ended the week higher, even though it saw some strong selling on Friday, most likely due to increased prospects for a new US stimulus bill. Risk assets…
Top Reasons for Subdued Volatility in the FX Market
After the volatility spike seen in 2020, the Forex market is once again in the rearview mirror. Multiple factors led to suppression in volatility and it acted as a self-reinforcing…