June 2017 - Online Forex Brokers

Week Ahead – GDP out of US and UK in focus; Eurozone and Japan inflation due
Growth data are due from two of the world’s largest economies – the United States and the United Kingdom. Japan will also be releasing a flurry of data. United States A slew of data are expected from the US next week. The Personal Consumption Expenditure (PCE) price index is one of the most important indicator as […]
Forex News – Oil back in bear market after latest sell-off; Commodity currencies fall only modestly
Crude oil prices fell by 2% on Tuesday as investors continued to fret about the lingering oversupply, which is showing no sign of easing despite 6 months of output restrictions by major producers. The recovery in prices from the 2014-15 downtrend stalled in January when they peaked at 1½-year highs. WTI crude has since fallen […]
Sterling slides after Carney says now not the time for rate hike
The pound came under pressure on Tuesday after the Bank of England Governor, Mark Carney, appeared to rule out a rate hike anytime soon. Speaking at a breakfast event in Mansion House, London, Carney struck a more cautious tone than the surprisingly hawkish language used at the Bank of England’s policy meeting last week. Markets […]
Forex – Greenback slips lower vs. loonie in early trade
The U.S. dollar slipped lower against its Canadian counterpart on Thursday, after the release of disappointing U.S. jobless claims data, although declining oil prices limited the commodity-related Canadian currency’s gains. USD/CAD hit 1.3485 during early U.S. trade, the session lower; the pair subsequently consolidated at 1.3489, down 0.15%. The pair was likely to find support […]
Forex Trading, What Hours Should I Be Ready for Trading?
Forex Trading, What Hours Should I Be Ready for Trading? Once you have decided to enter the Forex trading world you will find that FX trading has many advantages over other capital markets. Including among others; very low margins, free trading platforms, high leverage and around-the-clock trading. It is my main concern in this article […]
Interested in Forex Trading?
Interested in Forex Trading? The foreign exchange market (Forex) has no central exchange location yet it is the largest financial market in the world. It is over 3x’s the size of the stock and futures markets combined and operates via an electronic network of a banks, corporations and investors. Foreign exchange consists of a simultaneous […]
Introduction to Forex Trading
Introduction to Forex Trading There are many markets: markets for stocks, futures, options and currencies. These are probably the most accessible markets for everyday traders like you and I. People easily understand the basics of trading shares, so I will occasionally use examples from that market. I began trading shares first and then I moved […]
What Is Forex Trading?
What Is Forex Trading? Currency trading is nothing more than direct access trading of different types of foreign currencies. In the past, foreign exchange trading was mostly limited to large banks and institutional traders. However recent technological advancements have made it so that small traders can also take advantage of the many benefits of Forex […]
Forex Glossary 1 – 3
Day Trading Speculative trading in which the trader takes positions that are expected to be closed out before the end of the trading session. Drawdown The decline in value of an account due to trading positions moving against the account. Often when systems or trading records are discussed the “maximum drawdown” is disclosed to further […]
Forex Glossary 1 – 2
Cable Trader’s slang for the British Pound. Candle A graphical representation of price movement on a chart for a specific period of time. A filled candle for a specific time period represents that the closing price was lower than the opening price while a hollow candle represents that the closing price was higher than the […]