[ad_1] HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial…
[ad_1] There has been a spike in the greenback which has weighed particularly heavily in cable, sending the cross to a key technical resistance zone around 0.9090, (1.10 the figure inverted). Currently, EUR/GBP is trading at 0.9091 with a high of 0.9098 and a low of 0.9055. Cross appears to be technically overbought and ripe for a…
[ad_1] Turkey’s currency is reeling. After hitting all-time lows last week, the lira fell again on Monday and was down by about 7 per cent against the dollar in early afternoon trading in Europe. So why is the currency of a country often lauded for its economic dynamism and enviable geographical location — so close…
[ad_1] Bhubaneswar: Planning to earn through Forex trading? Beware as Commissionerate Police on Monday busted a criminal gang for duping several people by promising them high returns on investments. The gang used to trick gullible investors by luring them to invest in foreign currencies and International stock markets. Four members of the gang were arrested…
[ad_1] Britain has extended its lead in the global currency trading business in the two years since it voted to leave the European Union. It is another sign that London is likely to continue to be one of the world’s top two financial centres even after Brexit. Leaving the European Union was supposed to deal…
[ad_1] Though forex trading (the exchange of foreign currencies) may seem complicated, the truth is that most people can get started with a new account in as little as a single afternoon. Step 1: Understand the lingo A firm grasp of the most commonly-used forex lingo will make your entry into the market much simpler.…
[ad_1] * Sterling hits near one-year low vs euro on Brexit concerns * Graphic: World FX rates in 2018 By Saikat Chatterjee LONDON, Aug 28 (Reuters) – The dollar fell to a near one-month low against a basket of its rivals on Tuesday as a U.S.-Mexico trade deal aimed at overhauling the North American Free…
[ad_1] Let your winners run is profit maximizing advice for a forex trader, but instead, traders tend to exit trades too early due to a human fallacy called loss aversion. Traders fall into this mental trap because, psychologically, a loss is twice as powerful as a gain. When a loss does occur in forex trading—say…
[ad_1] * Trump questions need for higher U.S. interest rates * Euro about 0.3 percent higher after Trump’s remarks * Graphic: World FX rates in 2018 (Adds quote, updates prices) By Tom Finn LONDON, Aug 21 (Reuters) – The dollar weakened on Tuesday after U.S. President Donald Trump criticised the head of the Federal…
[ad_1] NEW YORK (Reuters) – The sell-off of the dollar continued through Tuesday, following U.S. President Donald Trump’s criticism of the chairman of the Federal Reserve for raising interest rates in an interview with Reuters on Monday. An employee shows U.S. dollars banknotes at a money changer in Jakarta, Indonesia, April 24, 2018. Antara Foto/Hafidz…