Trading Forex Based On News Releases
If you’re a forex trader who believes that currency moves reflect the fundamentals, it’s vital to keep up with forex news. Significant turns on the chart often happen due to unexpected news or because the anticipations of the news events aren’t met. In the preliminary stages, you’ll find that some news affects the market as…
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Trading Forex Currencies Guide for Newbies
The Forex market is termed as being the largest financial market globally. It is even more significant than a stock market, having a volume of about 6.6 trillion dollars daily. Forex can be explained as being a network of sellers and buyers transferring currency amongst each other. As such, it’s the means through which central…
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Factors That Distinguish Forex from CFDs
Forex trading is the most popular trading market in the world. CFD trading is also another trading market gaining lots of popularity. Both trading markets are appealing popular choices because of their ability to generate income in the financial markets. However, because they appear very similar to the public, some traders, especially the novices, find…
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The Basic Guide to Forex Trading for Beginners
Forex trading is becoming more popular and is currently one of the largest financial markets. The forex market has a very high potential for fast returns and high profits. This kind of trade involves trading large volumes of currency hence more opportunities for liquidity. However, the potential for high and fast returns comes with a…
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Understanding CFD Future Trading
Jargon in the financial world can be difficult to understand especially for a newbie. A new trader must understand the meaning of financial terms and the different means of trading. This knowledge enables them to make informed decisions about where and how to invest and which specific instruments of trading would be beneficial. If you…
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Monetary Policy and its Impact on Currency Value
Rates of exchanges determine the strength of a country’s currency against other currencies, which trickles down to the prices of goods and services. A high exchange rate of your country’s currency lowers the price of imports, whereas a low exchange rate makes imports more expensive. High exchange rates make it favorable to import goods, whereas…
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