20 August 2018
U.S. dollar’s recent rise is stalled as trade war fears recede, emerging market currencies remain fragile.
During the early hours of trading on Monday August 20th, USD traded close to flat versus many of its major peers, as the risks relating to the global trade/tariff wars, began to recede. During the previous week, the Trump administration announced that talks were scheduled to take place between China and the USA, to avoid a further escalation of the tit for tat tariffs, each country had implemented on their respective imports.
14 August 2018
FX traders will focus on the U.K. inflation data whilst calculating if the BoE’s resolve over the base interest rate will be tested
On Wednesday August 15th, at 9:30am U.K. time, the U.K.’s statistics agency, the ONS, will publish the latest series of data concerning inflation. The key inflation rate, which analysts and FX traders typically focus on, is CPI (consumer price inflation).
Whether you are a novice or an experienced trader, our educational articles and guides will give you the insights you need to hone your trading skills.
Introduction to trading
13 August 2018
Most traders will agree that limiting risk is critical to our trading performance. Whether the limits are: per trade, per session, or per day. As the name indicates; a stop-loss order is an order that closes out your trading position, when your loss on that trade reaches an amount you’ve set, when you initiated the stop loss order. Generally you set the stop loss order, at the same time you place your trade into the market.
Enhance your trading skills
30 July 2018
The impact that economic data and breaking calendar news has on our FX markets, is undeniable and highly significant. The week ending June 15th and the Monday and Tuesday of the week beginning June 17th, provided perfect examples of how economic calendar releases and breaking news events, can move our markets.