The Russian ruble (RUB) is considered to be an exotic currency in the Forex market. The Russian Federation is the world’s ….
Tag: Forex Basics
New Zealand Dollar Currency – The Kiwi
The New Zealand dollar (NZD) is considered to be a major currency in the Forex market. It is also one ….
Emotions And Their Impact In Forex Trading
Emotions play a significant role in the world of Forex trading, influencing decision-making and overall performance. Many traders understand that ….
Indian Ruppe in The Foreign Exchange Market
The Indian rupee (INR) is considered to be an exotic currency in the Forex market. India is the world’s fourth ….
Scalping, Day Trading, Swing Trading, And Position Trading Explained
Navigating the forex market can be a challenging endeavor for both novice and seasoned traders. Understanding various trading strategies is ….
Europe Currency: Getting To Know Euro in Forex
The euro (EUR) is the official currency of the countries that make up the euro area, or Eurozone. This is ….
Chinese Yuan Currency in Forex Market
The Chinese yuan (CNY) is considered to be an exotic currency in the Forex market. The most important thing you need ….
British Pound Currency – Sterling Or The Cable
The British pound (GBP) is considered to be a major currency in the Forex market. Because the British and European ….
Australian Dollar in Forex Market – The Aussie
The Australian dollar (AUD) is considered to be a major currency in the Forex market. It is also one of ….
George Soros – The Man Who Broke the Bank of England
When George Soros placed a $10 billion speculative bet on the UK pound and won, he became universally known as ….
Classification of Technical Indicators: A Forex Trader’s Guide
Technical indicators are essential tools that help forex traders make sense of price movements and market trends. By analyzing charts, ….
Which Investment Vehicles Are Best For You in Forex?
Why is it important to know which investment vehicles are available for a given currency? We care because we are ….
The Role of Central Bank in The Foreign Exchange Market
Central banks do not like uncertainty or unusual levels of volatility in the Forex market. It is much harder to maintain ….
Retail Foreign Exchange Dealers
Retail traders are speculators. This one is pretty straightforward. You are a retail trader, and let’s face it, you are ….
Supply And Demand Drive The Forex Market
The forces of supply and demand seem to drive every other market on earth, so why shouldn’t they also drive ….
Government Interventions And Currency Manipulation
Government interventions and currency manipulation are situations in which a government, typically through its central bank, takes specific action in the ….
Getting To Know The Currency: 12 Key Question To Ask
Currencies are just like us … they have personalities. Some of them are moody, some of them are volatile, and ….
4 Types of Players in The Foreign Exchange Market
The Forex market is full of all sorts of different people who are trying to accomplish all sorts of different ….
Three Major Groups of Currency Pairs Forex Trading
Currency pairs are typically divided into the following three major groups: Major currency pairs Emerging market currency pairs Currency crosses ….
Forex Analysis: Better Understanding of Trade Flow
Foreign demand for domestic goods increases the demand for the domestic currency and the supply of the foreign currency. This increase ….
Understanding Other Important Events From The Past
The Smithsonian Agreement another agreement named after the venue where the meeting took place moved the world one step closer ….