Why Forex Traders Need a Business Plan
Why Forex Traders Need a Business Plan ?(Just Like Any Business) Forex trading can be a great way to make money. However, it...
Advantages of the Forex Market
There are several Advantages of the Forex market over some other types of financial trading. When talking about various investments that are accessible...
Central bank History
The Bank of England, established in 1694 Prior to the 17th century most money was commodity money, typically gold or silver. However, promises...
Global FX Trade Idea
Long EUR/JPY@103.80. Stop at 103.00. Take profit 105.30 US stocks showed a key reversal pattern last Friday ( Positive Hammer) on the back...
Hedge funds as speculators
Hedge funds as speculators About 70% to 90% of the foreign exchange transactions are speculative. In other words, the person or institution that...
Foreign exchange fixing
Foreign exchange fixing is the daily monetary exchange rate fixed by the national bank of each country. The idea is that central banks...
Commercial companies and Central banks
Commercial companies An important part of this market comes from the financial activities of companies seeking foreign exchange to pay for goods or...
Market participants
Unlike a stock market, the foreign exchange market is divided into levels of access. At the top is the interbank market, which is...