Since the great recession, a large number of advanced economies have been stuck with low growth and low levels of investment and inflation. Attempting to regain growth, central banks have taken increasingly forceful monetary measures. Of these, perhaps the most controversial and least understood is negative interest rates. Setting interest rates to below zero are often viewed as an unconventional policy, but it can actually be seen as a continuation of the perfectly normal monetary policy practice of moving the short-term interest rate in...
Over the years, many people have managed to conduct successful trades and have enjoyed the benefits of this active market. Due to the ease of accessibility to forex trading within the last few decades, more and more people are starting to wonder what the main benefits of forex trading are. If you have decided to trade forex, you are about to access one of the most liquid and lucrative financial markets in the world. In fact, an estimated $5.3 trillion is traded through the forex market every single day, as investors look to achieve marginal...
The International Monetary Fund (IMF) will hold is bi-annual meeting in Washington this week. Today finance ministers as well as central bankers from the G20 will convene which will be followed by Saturday’s meeting which will include all member nations of the IMF. The US as well as China are on a path to gather allies for their trade war, especially within the G20 members. This is a sign that both sides are preparing for a longer stand-off and a potentially deeper trade war than markets are currently prepared for. This is likely to result in...
The market is a powerful force that ebbs and flows without any restraint and there is absolutely no way we can control it. Losses are a natural and inevitable part of the forex trading game. Even the world’s most successful traders encounter losses in their trading lives. Learning how to avoid the most common mistakes in forex trading is an essential part of your journey to becoming a successful independent trader. If you can learn to recognize and avoid these, you are already well on your way to achieving success in the forex market. There...
One of the biggest misconceptions that you can have about forex trading is that you can quickly start making a living from it in a relatively short period of time. Patience in forex trading eventually pays off as it allows you to sit back a bit and wait for the right trading setup. If there is one thing that ensures a high probability of winning, it is having the patience to grasp all the necessary information before you trade. Understanding how important patience is while you start learning to trade will completely change the trajectory of...