In the first half of Monday's trading, the US currency is held close to two-week peaks to the basket of major competitor currencies amid investors' increased appetite for risk, despite the fact that the fundamental release signaled a slowdown in China's GDP growth to minimum levels for almost 30 years. Early in the morning, the dollar index traded without sharp changes at around 96.28 after rising to 96.394 on Friday - the highest since early January. The resumption of investors' appetite for risk was promoted, in particular, by the...
Good day everyone, and thank you for taking a few moments out of your busy schedule. My name is Alessandra and I am from Peru, 37 years young and a retired chemist. My husband Miguel, 15 years my senior is a retired psychologist and together we are known amongst our family and friends as the Forex Power Couple. We met 18 years ago in the City of Ica where he worked and I was visiting quite frequently. Our paths crossed several times at our favorite restaurant, El Tambo de Tacama. It is where he took a break from work and where my friends and...
Start trading in Forex market can bring both profits and losses. To better understand the trading, you need to be aware of the key points of the trading exchange. You do not need to be a financier, although financial education is welcome. The main thing that needs to be understood is the definition of entry and exit from a position. This is an important aspect to prevent interest losses with a stop-loss order, as well as to increase interest earnings on the exchange. There are several ways to take the right and advantageous position. Main...
Roughly two weeks into 2019 and volatility is already rising across financial markets which impacts the forex market as well. Everything is connected in one way or another and successful forex traders understand that one needs to keep an eye out on developments in other sectors, such as equities, commodities and bonds, in order to get a complete picture. Understanding how they are connected can also offer great trading signals for currencies and improve overall profitability while it will decrease negative surprises. Let’s take a look at...
The rate of the British currency in the first half of trading on Thursday declines against the US dollar amid continuing political uncertainty in the UK. The pound can expect support from a vote of confidence in the current government, as expressed by the country's parliamentarians the day before. As of the morning, the pound sterling to the dollar was down to 1.2868 dollars from 1.2881 dollars per pound at the last close. The rate of the single European currency to the dollar fell down to 1,138 dollars per euro from the value of the previous...
