Forex for Beginners

Forex Today; What You Need To Know For October 23, 2019 Forex Today; What You Need To Know For October 23, 2019

The Brexit drama continues stealing the headlines. The United Kingdoms Parliament... 

Forex Today; What You Need To Know For October 16, 2019 Forex Today; What You Need To Know For October 16, 2019

The dollar headed towards a four-week low against other major currencies on Wednesday... 

Understanding the Basics of Forex Trading Understanding the Basics of Forex Trading

Forex trading or Foreign Exchange Trading refers to the simultaneous trading—that... 

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Trading in the Market

Forex Today; What You Need To Know For November 8, 2019 Forex Today; What You Need To Know For November 8, 2019

Contradicting reports about the state of US-Sino talks have been whipsawing markets.... 

Forex Today; What  You Need To Know For November, 4, 2019 Forex Today; What You Need To Know For November, 4, 2019

The dollar is under pressure today. The dollar index fell off of Friday’s... 

Forex Today; What You Need To Know For October 30, 2019 Forex Today; What You Need To Know For October 30, 2019

Chile, US GDP, FMOC interest rate decision, and trade all are in play today. Chile... 

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Forex Tips

Forex Today; What You Need To Know For November 7, 2019 Forex Today; What You Need To Know For November 7, 2019

Today the Bank of England has its policy meeting. This should be an anticlimactic event. Their hands are tied with a general election set for December 12. Short of them stating they are thinking of raising rates to hedge against possible inflation, this should be a non-event. All of this non-anticipation has lead to the pound being steady against... [Read more of this article]

Forex Today; What You Need To Know For November 6, 2019 Forex Today; What You Need To Know For November 6, 2019

Markets seem to be taking a breather today as we wait for further confirmation of a US/China “Phase One” trade deal. Everything we are hearing and reading is pointing in that direction at least. We expect one or two more rounds of negative reports before it is all said done. As we wait the US Dollar has stepped back a bit against... [Read more of this article]

Forex Today; What You Need To Know For November 5, 2019 Forex Today; What You Need To Know For November 5, 2019

The UK service sector index went up .05 in October. Basically flat. This is the worst reading since 2009. New business fell fornthe 2nd month in a row. People and business in the UK are concerned about spending cash until Brexit is complete. This is a sign that there will be a recession before Brexit takes place. The Bank of England is expected... [Read more of this article]

Forex Today; What  You Need To Know For November, 4, 2019 Forex Today; What You Need To Know For November, 4, 2019

The dollar is under pressure today. The dollar index fell off of Friday’s 3 month high of 97.15. Things looked good Friday after the jobs report showed that things were not shrinking as fast as anticipated. However, later the Institute of Suppy Management reported contraction in the manufacturing sector for the 3rd consecutive month. The... [Read more of this article]

Forex Today; What You Need To Know For November 1, 2019 Forex Today; What You Need To Know For November 1, 2019

As we enter the 2nd to last month of the year we see the Dollar lower against major currencies. US employment data due out today shoyld be a mixed bag. We expect that the General Motors’ strike will drag these number’s lower. The dollar also is lower because traders are assuming that thebworlds economies are bottoming out. This... [Read more of this article]

Forex Today; What You Need To Know For October 31, 2019 Forex Today; What You Need To Know For October 31, 2019

Happy Halloween In a very anit climactic announcement the US FMOC announced a .25% rate cut in its over night lending rate. While this was widely expected and already priced into the market, the words in the announcement caused alarm and weaked the dollar accross the board. The US Fed did not indicate continued easing which alarmed traders. Most... [Read more of this article]

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