Archive for Tag: Forex Trading

Oil falls amid dollar strength; demand picture still bullish

Brent Crude was trading 1.15% down at  $72.25. Oil prices fell for a second straight session on Friday as the U.S. dollar soared on the prospect of interest rate hikes in the United States, but they were on track to finish the week little changed and only slightly off...

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Toyota Motor powers to record high with cyclical shares back in demand

Toyota Motor (NYSE:TM) UP 1.98% AT 8819 Shares of Toyota Motor (NYSE:TM) touched a record high on Tuesday as investors flocked back to automakers and other relatively cheap cyclical stocks while ditching tech companies that shone earlier in the pandemic. Toyota’s shares rose as much as 2.6% to 8,869...

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WHAT IS A FOREX?

WHAT IS A FOREX? & HOW TO TRADE FOREX?

WHAT IS A FOREX? Forex is the marketplace where various world currencies are traded. The forex market is the largest and is the easiest to liquidate within the world, with trillions of dollars changing hands a day. there’s no centralized location, rather the Forex market is a network of...

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How to Trade Forex

HOW TO TRADE FOREX USING FUNDAMENTAL INDICATORS?

INFLATION Inflation is a sustained increase in the amount of currency in circulation – which in turn increases the price of goods and services. With this in mind, inflation is one of the most important of all Forex fundamental indicators, as it demonstrates how healthy an economy is. It...

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FOREX TRADING CAREER: PROS AND CONS | CAPITAL STREET FX

Pros of a Forex Trading Career There are several advantages that a career as a forex trader, also known as a foreign exchange trader, offers. They include: Low Costs: Forex trading can have very low costs (brokerage and commissions). There are no commissions in a real sense–most forex brokers...

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Why Trade Forex and How Profitable is it?

Why should we prefer trading in forex? When traders choose which market to trade, they’re trying to find optimal trading conditions and therefore the best chance of making a profit. There are many reasons why millions of traders across the world think that the forex market fits these criteria,...

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HOW TO BECOME A SUCCESSFUL FOREX TRADER?

How To Become a Successful Forex Trader? INTRODUCTION Traders all around the world are making the most of their successes within the Forex market. However, it isn’t a straightforward market to overcome – traders should sustain with the newest developments, news, and events within the financial world. Over recent...

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