China's August Forex Reserves Rise to $3.1072 Trillion


It is currently trading at 11-1/2 year lows. China allowed the yuan to break through the closely watched 7-per-dollar level on Aug.5 for the first time since the global financial crisis, days after ...

FOREX-China stimulus boosts Aussie, kiwi; markets await U.S. jobs data


The Chinese currency in the offshore market extended gains and was trading up 0.4% against the greenback at 7.1120 yuan. The Australian dollar - its fortunes closely intertwined with the Chinese ...

FOREX-Dollar dips on mixed U.S. jobs data, Powell hints at rate cuts


"The jobs data were sufficiently mixed," said Marc Chandler,chief market strategist at Bannockburn Global Forex LLC in NewYork ... senior marketanalyst at OANDA in New York. In late U.S. trading, an ...

Forex Today: Will Non-Farm Payrolls and Powell keep markets happy?


the shared currency. GBP/USD is trading around 1.2300 as opposition parties vow to prevent a no-deal Brexit before agreeing to elections. The House of Lords is set to approve bill to prevent a no-deal ...

Mugenda: How I landed into forex trading


Mr. Paul Mugenda, a forex trader based in Nairobi (PHOTO: Courtesy) The need to cope with the rising living standards has led many Kenyans into different creative ways of making an extra coin to take ...

TD Bank to pay combined C$10.1 mln to settle forex trading charges -regulator


TORONTO, Aug 30 (Reuters) - Toronto-Dominion Bank has agreed to pay a combined C$10.1 million ($7.6 million) to settle charges of foreign exchange trading malpractices brought against the Canadian ...

How Automated Trading Affected Forex Trading


Automated trading has completely changed the markets. By making traders much more equipped and significantly reducing the risks of trading the market, it is becoming increasingly popular every day.

MT4 is still standard for Forex Trading industry – Here are 5 reasons why


Way back in the year 2000, MetaQuotes, a Russian software development company, released its entry for the online retail trading industry – MetaTrader 4 or MT4 for short. Little did they know at the ...

How to Use Trend Lines in Forex Trading


This is a mandatory condition for any trade that you enter into the market when trading a range. Trend lines are in fact diagonal support and resistance levels. Let's see a chart to illustrate this.

High Leverage in Forex Trading – Good or Bad?


The writer of this post is a guest. Opinions in the article are solely of the writer and do not reflect The Merkle's view.

Risk appetite continues to improve on forex majors ahead of Non-farm Payrolls


Trading in Foreign Exchange (FX), Bullion and Contracts for Differences (CFDs) is not be suitable for all investors due to the high risk nature of these products. Forex, Bullion and CFDs are leveraged ...

Read full article on forex trading

Comments

Post a Comment

Popular posts from this blog

Mugenda: How I landed into forex trading

Image
Mr. Paul Mugenda, a forex trader based in Nairobi (PHOTO: Courtesy) The need to cope with the rising living standards has led many Kenyans into different creative ways of making an extra coin to take ... Canadian regulator summons RBC, TD Bank over forex malpractice charges Both banks failed to sufficiently supervise and control their forex trading businesses from 2011 to 2013, the province says in its statements of allegations. Furthermore, certain compliance ... Forex Daily Recap – 38.2% Fibo Level Stopped the Ninja Bulls amid G7 Summit On the economic calendar, the German IFO data releases grabbed market attention in the Asian trading session. Nonetheless, the IFO data reported adverse data, allowing the bears to take control over ... Indispensable Forex Trading Application Launches For Investors, Seeks Marketing Partners With FxTrendSignals, international investors can instantly track market prices in real-time by set price alarms, viewing economic calendars, and monito...
Read more

FOREX-Dollar holds steady on reduced bets on steep U.S. rate cut

Image
In late U.S. trading, the dollar was up 0.57% at 107.790 yen , while the euro was 0.58% higher at 122.585 yen . The greenback was little changed against the euro at $1.1372. The dollar index edged ... How To Structure A Trading Business For Significant Tax Savings If you actively trade securities, futures, forex or crypto, consider setting up a trading business to maximize tax benefits. With a sole proprietorship, a trader eligible for trader tax status (TTS) ... FOREX-Dollar inches higher after Fed checks aggressive easing views The scaling down in expectations for large rate cuts from the Fed also knocked gold prices by more than 1%, putting the precious metal on course for its first decline in seven trading sessions. The ... INTL FCStone Ltd Launches FX Trading App on Integral Platform the British subsidiary of INTL FCStone Inc., to launch a forex trading app built on the Integral platform. By partnering with Integral, the FCA-authorised firm is able to expand its mobile...
Read more