Brexit is just over twelve months away, but many unresolved issues remain. In the headlines now is the type of trade deal the European Union (EU) and the United Kingdom (UK) will strike. After British Prime Minister Theresa May and her government agreed on a divorce settlement bill of €40 billion, which the EU negotiators insisted on before moving to trade discussions, things were supposed to move alone more swiftly. While numerous summits have been held in an attempt to move along discussions, the only swift parameter which moved was time...
Trading currencies -- or forex, as it is more commonly known -- has enjoyed enormous popularity around the world lately. Beginner forex traders are often encouraged to open a demo account first before risking real money on a live account. This way, they can put their newly learned skills to the test, try out various strategies, and get a feel of market conditions and trade execution without the risk of losing actual funds. There are few signs which can signalize that you are ready to open a live forex account. If your trades are always in the...
While every market has its own attraction, the advantages of trading forex are quite underrated. Forex trading has become widely accessible within the last few decades and nowadays more and more people are starting to wonder what the main benefits of forex trading are. Forex exchange markets provide traders with a lot of flexibility because there is no restriction on the amount of money that can be used for trading. Also, there is almost no regulation of the markets. This combined with the fact that the market operates on a 24/7 basis creates...
Numerous attempts have been made to simplify trading in the forex market, and while a degree of success has been achieved in this area, trading forex is more than installing a trading platform, funding an account and clicking a buy or sell button on your computer. In fact, trading has often been compared to gambling since a high degree of risk and speculative activity is involved. Nevertheless, some very important differences exist between the two. There are basically no rules in the trading arena, it is just you versus you, and the winner...
Most traders did not have inflation on their radar for almost one decade or since the last global financial crisis. Central banks in developed countries have embarked on large economic stimulus packages know as quantitative easing, slashed interest rates to near 0% and printed money. That is a terrible combination for anyone watching for inflation and inflationary pressures. Despite all of that, inflation has been subdued with occasional periods where deflation became a bigger threat to the global economic expansion than inflation. Now,...
