The forex market is composed of three primary segments: the Interbank market, the retail market, and the exchange-traded futures market. Each of these segments, in turn, has a number of market participant types that primarily use that segment to execute currency transactions. The currency market includes transactions in spot forex currency pairs, forward contracts, currency futures, OTC currency options, and exchange-traded options on currency futures. Without a doubt, it could be strongly argued that the governments and central banks of...
British Prime Minister Theresa May has survived several leadership challenges over the past year, but so far was always able to avoid a critical issue. Many have compared the post-crisis announcements as muddy waters as it was ultimately unclear what was agreed on between Brexit hardliners and Tory rebels. Each side always claimed victory without any real progress made. The European Union has repeatedly claimed that negotiations can’t advance until clarity on the post-Brexit trade deal exists. Will Friday’s meeting at the PM’s ‘Chequers’...
As the largest financial marketplace, forex is affected by an incredibly diverse amount of factors. These market fundamentals are the key pieces to determining when a currency is going to rise in value and when it's going to fall. Trading on the fundamentals – also referred to as trading the news, is the study of news events and economic statistics to determine trading opportunities. These traders pay close attention to changes in economic indicators such as interest rates, employment rates, and inflation. By assessing the relative...
Stop trading forex! It is a waste of time, money and effort! You will never earn anything and get scammed by your broker and your mentor! Hi everyone, my name is Julia and I am from South Africa. 29 years young and working as a junior programmer at a tech start-up just outside of Durban. I am also a part-time forex trader which may surprise you given my first three statements, but it was thanks to those that I am still trading forex today. My interest in forex was awoken when I was 23, fresh out of university and unemployed. I kept afloat...
At the height of the global financial crisis, major central banks moved in unison. Interest rate cuts to record low levels, in some cases even the experiment with negative interest rates, were common across the board. In addition most central banks, led by the US Federal Reserve, The European Central Bank, Bank of England and the Bank of Japan, embarked on a mission of quantitative easing in order to buy the global economy time to heal. The ultimate goal was to bridge the time until the economy can grow on its own. Inflation was absent and...
