Forex

26 April 2024
Forex Scams Are Why You Need a Good Broker

With forex brokerages a dime a dozen these days, it’s easy to overlook the importance of a good broker. With each broker touting a variety of selling points and gimmicks, traders today are overwhelmed from information overload – making them …

25 April 2024
ASIA: Nikkei in the Dumps: Tech Stocks Tumble, Yen Weakens

Japan’s Nikkei share average recently saw a downturn, dropping 2.16% to close at 37,628.48, following a three-day upward streak. This slide was led primarily by losses in the technology sector, while the market braces for the Bank of Japan’s upcoming …

25 April 2024
MARKETS TODAY: Yen Shift, Meta Stock Performance

The USD/JPY pair has surpassed the 155.00 mark, a level highlighted by ex-Deputy Finance Minister Michio Watanabe as pivotal. SEE: USD/JPY breaks the 155.00 level on the VT Markets trading app This move comes as the market anticipates key economic data …

24 April 2024
Sterling Stabilises After Tuesday’s Strong Gains

Sterling stabilises after Tuesday’s strong gains, fueled by above-forecast U.K. purchasing-manager surveys, Bank of England signals that it isn’t in a rush to cut rates, and a weaker dollar. The currency’s performance reflects heightened market attention to central bank signals …

24 April 2024
Dollar Steadies Around Currency Movement and Economic Data

The dollar index, which tracks the U.S. currency against a basket of six major peers including the euro, sterling, and yen, held steady at 105.64 in early Asian trading, following a decrease of 0.4% overnight. This movement came after the …

24 July 2023
A Comprehensive Guide to Fundamental Analysis in Forex Trading

Let’s say you are a Forex trader who is interested in trading the EUR/USD currency pair. You know that the European Central Bank (ECB) is scheduled to announce its interest rate decision tomorrow. The ECB’s interest rate decision is a …

24 July 2023
How to trade indices? 

Transport yourself back to the remarkable year of 1896, a time characterised by industrial revolution and transformative economic changes. Amid the bustling streets of New York City, the brilliant mind of Charles Dow sparked an idea that would send ripples …

18 July 2023
Calculating Pips with Confidence: A Practical Guide for Forex Traders

Imagine you’re at a bustling street market in a foreign country, excited to exchange your currency for the local one. As you approach the currency exchange booth, you notice that the exchange rates are constantly changing.  Every time you see …

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