What is Forex Trading


For starters, it's an income opportunity accessible by anyone with a computer and internet access. However, few truly understand this activity. To increase your chances of success, be sure to do your ...

Venezuela loosens currency exchange controls to allow forex trading


CARACAS (Reuters) - Venezuela will allow local banks to open foreign currency trading platforms as part of a loosening of the OPEC nation's exchange controls, according to a central bank resolution ...

US China Trade War Uncertainty Continues to Stir Forex Volatility


CNY has come under pressure as forex traders react to the reduced likelihood that ... Mexico has taken place as America's top trading partner. Tariffs on Chinese goods stymied the country's exports to ...

GMO Internet Reports Weak OTC FX Trading in Q1 of 2019


During the period the firm noted a lacklustre performance in its over-the-counter (OTC) foreign exchange (forex) business ... hitting 385,000 accounts. OTC FX Trading was Weak in Q1 for GMO Internet ...

Forex Daily Recap – RBNZ Surprised the Kiwi Investors with a 25 bps Interest Rate Cut


The Kiwi pair had last touched this lowest vicinity in October 2018. The NZD/USD pair had opened up today near 0.6596 levels and was trading in the NA session near 0.6575 levels. The Bank Officials ...

10 Trading Mistakes to Avoid in Forex Trading


Please fill out this field. I'd like to receive information from DailyFX and IG about trading opportunities and their products and services via email. But don't just read our analysis - put it to the ...

FOREX-Dollar flat as market awaits U.S.-China trade news


"We're sitting on our hands waiting to hear news from the Chinese talks on trade," said John Doyle, vice president of dealing and trading at Tempus, Inc. "It's a lot of wait-and-see and short ...

Forex Trading: AUDJPY Is Trending Downwards, and This May Continue


AUDJPY is currently consolidating at $79 level. Increase in the Bulls' momentum will increase the AUDJPY price to $82. Rising channel pattern formation confirmed on the 4-hour chart. On the long ...

SGX Sees 111% YoY Increase in USD/CNH Futures Trading in April


So far, last month has proven to be difficult for trading venues, particularly for foreign exchange (forex), however, SGX has reported overall positive results. During the month of April, the ...

Forex Today: Trade tensions keep markets jittery and yen topples 110 vs the greenback again


Forex today was once again trading around the trade war noise and subsequent risk appetite on the street. It was pretty volatile across the financial and commodity markets again while investors trade ...

FOREX-Yen surges to 3-month high on fears of U.S. tariffs


According to the latest Commodity Futures Trading Commission data, speculators have further raised their net long dollar bets, including those against the yen. Trump said on Wednesday that China ...

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