With the popularity growth of online trading, more and more people are considering trying their luck on Forex. It is overall, a very good idea with a few things to consider. First of all, what you need to understand about currency trading is that it is not gambling and has nothing to do with luck. The key to success on the exchange market is an ability to analyze and plan ahead. With that said, it is also pretty obvious that the skill of trading comes with practice and training. Meaning that virtually anybody with strong motivation to make...
After the US and China increased tariffs on each other on September 1st 2019, both sides agreed to continue their trade talks in October. This pattern has been in place since the first tariffs were applied, followed by talks and more tariffs. It has not produced any positive results and the distrust between both parties has only increased. According to China’s Ministry of Commerce, Vice Premier Liu He agreed during a phone call earlier this morning to meet US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer...
Prime Minister Boris Johnson is facing a key vote this evening in Parliament as rebels from within his own party are expected to join ranks with the opposition in order to thwart a no deal Brexit. The UK is now scheduled to leave on October 31st 2019 and PM Johnson stated that he will not ask for an extension. He vowed to deliver Brexit to the people and honor the results of the 2016 referendum where 52% voted to leave the EU. Most recent polls suggest that the number rose to 56% after Johnson took over as prime minister only a few weeks ago....
China may be changing its strategy in the trade war it was dragged into by the US. While speculations run high if Trump’s strategy worked and harmed the Chinese economy to the point they felt forced to change direction or if this is a tactical maneuver by China remains to be seen. US President Donald Trump is likely to tweet more messages of a victorious outcome. So far China retaliated to each tariff increase the Trump administration announced. The next round of trade talks between the world’s two biggest economies should take place in...
Choosing a trading platform for the Forex market is better to do on your own, without relying on a few advertising reviews. To do this, you need to make a list of characteristics and capabilities that platform developers offer, and then choose which ones are your priority and build your internal platform rating.
