Interest rates affect forex in that they shape how a currency’s value is perceived. Higher rates usually mean increased demand for that currency, causing people to buy more of it. Therefore, any change in the interest rate will impact forex, meaning forex traders should always be aware of when their

While the Forex market is considered to be a 24-hour market during the working week, the trading sessions continue to be broken down into the Asian, European and North American sessions. More specifically, the respective financial centers tend to be tagged, making the Asian session the Sydney and Tokyo sessions,

There is no single formula for success for trading in the financial markets. Think of the markets as being like the ocean and the trader as a surfer. Surfing requires talent, balance, patience, proper equipment, and mindfulness of your surroundings. The attitude to trading in the Forex markets is no

Cristiano Ronaldo’s removal of two Coca-Cola bottles during a press conference at the Euros has coincided with a $4bn fall in the share price of the drinks giant. Cristiano Ronaldo still relentlessly pursuing Ali Daei and second Euros Read more The Portugal captain is a renowned health fanatic and made

In the Forex market, gold is a form of currency. The internationally accepted code for gold is XAU which is a symbol used under the ISO 4217 currency standard to denote one troy ounce of gold. It is known to be a “safe-haven” asset, expected to increase its value in

First mentioned by the Italian scholar Julius Caesar Scaliger in 1557, platinum is one of the most expensive commodities. Together with silver and gold, platinum is rare and belongs to the category of precious metals. Platinum is a malleable, dense, ductile metal, which forms the basis of the platinum family,

OTC stands for over-the-counter. In trading terms, over-the-counter means trading through decentralized dealer networks. A decentralized market is simply a market structure consisting of various technical devices. This structure allows investors to create a marketplace without a central location. The opposite of OTC trading is exchange trading, which takes place

Japan declared Bitcoin an official currency in 2017, and since then, the cryptocurrency market in the country has taken off like wildfire. U.S. investors interested in forex trading have yet another currency pair available to them. But considering how new the field is, there is still plenty of opportunity for investors and

One of the safest methods for forex trading is trading with the big picture in mind. The big forex picture takes into account all of the information available for a currency pair. Such big-picture information includes things like the interest rates in both countries, the functions of each country’s economy, and the current