The 2020 trading year started, and it’s time for forecasts. Every financial firm and analyst has a set of trends and predictions to follow. 2019 finished on a high note and was better than many market participants expected. Worries of a recession never materialized, the US-China trade war intensified, and Brexit uncertainty remained, but markets took the issues in stride. The big question for 2020 is if the markets simply chose to ignore the red flags. This year has all the ingredients for a volatile trading environment, and profitability will...
US President Donald Trump may finally get his wish for a weaker currency in 2020. Since October, the US Dollar has been under pressure, and the trend is anticipated to accelerate into 2020. Trump has criticized his central bank for not supporting the economy to the tune of global counterparts. He urged the Federal Reserve to slash interest rates into negative territory, following the EU, Switzerland, Japan, and Denmark. Some analysts argue that his public attacks on Fed Chief Powell, whom he appointed to lead the central bank, have confirmed...
The Santa Clause rally lifted equity markets, but Gold advanced in unison, therefore flashing a warning signal that one market is wrong about 2020. The US Dollar is under pressure as well, assisting the advance in this precious metal. Gold is priced in US Dollars and often enjoys an inverse relationship, meaning that a sell-off in the US Dollar results in a rally in Gold. As US equity markets pushed to new all-time highs, investors and traders opted to ignore the red flags flashing around the globe. Gold is shining as a result of what could be...
You might already know, that becoming a successful currency trader involves a very significant preparation stage. It consists of getting to know how Forex works and what are the approaches one can take in order to be profitable. Of course, this procedure can take up a visible portion of time, which makes some new traders wonder - how to learn Forex trading fast. Well, while there is no one single recipe for getting all trading knowledge at once, there are certainly a few options. One of them is to take a specialized course offered by the...
Many beginning traders are confident that Forex is an easy and quick way to make money. But no one pays attention to the speed with which most of them, financially illiterate beginners, lose all their funds in a matter of days or hours.
