Forex trading helps every disciplined trader to earn a good amount of money as profits in the trades they perform. Every successful trader in forex makes use of the best strategies and makes the best selection of forex brokers and the best forex trading platform. An online forex trading platform helps in establishing a good connection between the trader and the broker and works as a means of earning. Selecting the best platform is essential as it acts as a key to unlock a good career in forex trading as well as pushes your boundaries to...
Many studies have examined the influence of the Federal Reserve’s unanticipated target rate decisions on U.S. asset prices. Despite the vast and growing empirical evidence on the financial market effect of monetary news released on FOMC meeting days, little is known about the real-time response of U.S. asset prices to the information originating from central bank minutes. A currency’s interest rate is probably the biggest factor in determining the perceived value of a currency. So knowing how a country’s central bank sets its monetary policy,...
It is pretty rare to see a brilliant academic do very well in trading. While there are many scholars with degrees and honors from the most prestigious universities in the nation, there are not that many of them who have achieved exceptional success in trading forex. Often, it is the psychology, not a lack of academic knowledge or skill in the application that is considered to be the primary originator of trading mistakes. Mistakes are constantly repeated by financial traders of various national, cultural and social backgrounds, which...
British Prime Minister Theresa May is touring the UK in order to drum up support for Brexit which is twelve months away. Throughout 2018 her cabinet needs to outline the detail of what Brexit will actually look like and how it will be implemented. The EU as well as the UK have been negotiating with little substance as time is ticking away. May has to fight the Brexit battle on three different fronts in order to get a deal done. This will be a balancing act as she needs to make more concessions in order to get the support she needs. The first...
The theory and practice of finance according to Islamic principles are called Islamic finance. Islamic principles determine the objectives and the operations of Islamic finance. No matter who says it, one thing is certain, and that is that the Islamic Forex market is growing. More the internet becomes accessible to those who previously did not have it, the more new retail traders enter the market. One thing is clear though if these new retail traders are of Islamic background, they often find themselves asking whether Forex trading is Halal...
