Tag: Currency

Do you need more than one broker account?

These days, it is so easy to open a trading account that most traders have at least two live forex accounts. While there is...

Guide to Crypto-Currencies Part 1 – Introduction

In just the space of a few years, crypto-currencies such as Bitcoin have evolved from being a virtual store of value for online gamers...

Should You Switch to a Different Currency Pair?

Conventional wisdom has it that you should specialise in one currency pair, at least to begin with. This enables you to learn about its...

Bitcoin and the future of currency: Part 2

The Problem(s) With Bitcoin Firstly, it has been proven to be insecure, and the recent thefts of millions of dollars worth of Bitcoins due to...

Bitcoin and the future of currency: Part 1

Bitcoin has hardly been out of the news recently, first with its meteoric rise in value to over $1,000, and then with the bans...

Using Equity Indices to Trade Forex: Part 4

To recap, whenever an investor wants to buy stocks listed abroad, they need to buy some local currency first. This drives up demand -...

Using Equity Indices to Trade Forex: Part 3

One potential problem with using the equity markets to inform your forex trades is that it can be hard to tell which market is...

Forex Trading Golden Rules Part 1: Always Pair Strong With Weak

In any contest, there is almost always a favourite. Sometimes, competitors will be quite evenly matched, but more often than not there is one...

Promise of Convertible Yuan Drags Dollar Down

The dollar fell against the euro yesterday, after the Chinese central bank stated that it would phase out its policy of regular intervention in...

An Investor’s Window: Foreign Exchange

Investors would love to see if their hard-earned money reap their well-earned rewards after a hard day’s work. That’s a given. Also, it is...

The Dilemma of Kicking the Can

Yes, the US Government is back in normal operation. Yes, the US Government averted default in their credit obligations. Yes, the US Government unlocked...

Guide to Currency Correlation: Part 3

In the previous lesson, we showed you how to use a currency correlations table, and how to calculate these correlations yourself. Today, we're going...

Guide to Currency Correlation: Part 2

In the previous lesson, we explained what currency correlations are, and why they are useful for forex traders. Today, we're going to show you...

Guide to Currency Correlation: Part 1

If you've been following the forex market for a while, you'll probably have noticed certain trends emerging. For example, you may have noticed that...

Dollar Index Stays Flat Ahead of Next Week’s Fed Meeting

Disappointing economic data from the euro zone caused the euro to fall this morning, with the news that industrial output contracted in July. Meanwhile,...

London Still the Number One Forex Trading Centre in the World

The global forex market has expanded massively over the past three years, and the City of London remains the world's leading forex trading centre,...

Major Currencies: The New Zealand Dollar (NZD)

The New Zealand dollar, known to currency traders as the 'Kiwi', NZ$, or by the ISO code NZD, is the official currency of New...

USD on Course for Biggest Rally in Two Months

Speculation is mounting that US economic reports, set to be released this afternoon, will boost the case for the proposed tapering of monetary stimulus...

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