Forex
December 9, 2024
The Bank of England (BoE) cut interest rates for the second time in 2024 on November 7. The rate was reduced by 25 basis points to […]
December 6, 2024
The Japanese yen dropped to a multi-month low in the second week of November 2024, after outperforming all other currencies in July. The currency has had […]
November 18, 2024
The IT and communication services sectors form 74% of the AI index. The two sectors have significantly outperformed the S&P 500 and other sectors on the […]
November 5, 2024
If you’re starting out on your forex trading journey you might be struggling to get to grips with some of the technical jargon. As an FX […]
November 1, 2024
In forex trading, a lot is a standard unit of measure to determine the volume of your trading position. It has a direct impact on the […]
October 4, 2024
The EUR/USD is the most traded forex pair. In 2022, it accounted for 23% of the daily forex trading turnover worldwide. The pair involves two of […]
September 20, 2024
After the end of World War II, the US economy and its currency emerged as one of the strongest worldwide. Plus, the US dollar was pegged […]
September 5, 2024
The US dollar is undoubtedly the most traded currency in the world, comprising nearly 90% of all forex transactions. All the 7 major pairs include the US dollar. […]
July 13, 2024
The Great British Pound (GBP) had spiked 1.38% versus the US dollar over three months, as of July 8th, 2024. The GBP has overshadowed the euro (EUR) and […]
July 10, 2024
The Australian dollar (AUD) had entered 2023 on a high note, rising to US$0.71 in January. However, it steadily declined throughout the year, ending 2023 at […]
July 8, 2024
The Federal Reserve’s (Fed) controls money supply in the US by adjusting interest rates in the country. Being the dominant global reserve currency, the value and […]
June 20, 2024
Currency pairs, pips, spreads, and expiration dates; as a beginner, there’s a lot to learn about trading currencies in the live markets. If you’re wondering where […]
May 15, 2024
CAD/USD is among the top 5 most traded currency pairs in the forex market. It is nicknamed “loonie,” as Canadia’s $1 coin has an image of […]
December 29, 2022
The forex market in 2022 was characterised by an extremely strong US dollar as investors embraced a risk-off sentiment. The US dollar index surged to a […]