The Yen has been on a tear of late, and there are a few reasons for this. Its latest flurry of activity has been largely attributed to the Bank of Japan’s (BoJ) decision to end QQE early. However, this is not to say that there is a halt in the yen’s progress. Indeed, the yen […]
Candlestick charts are a great way to track price movements and analyze financial markets. They are a simple and useful way to identify trends, but they aren’t foolproof. For this reason, candlesticks are best used with other technical indicators. First, a candlestick chart is like a box with two straight lines at the top and […]
In recent weeks, gold prices have broken important price resistances. This has been a tumultuous year for the precious metal. Its price has fluctuated within a 20% range, and the Fed has been an extremely hawkish force in the market. Although prices have been building a range, recession risk and the Fed rate decision may […]
During the past two years, the Reserve Bank of Australia has held the official cash rate at a record low of 1.5 percent. This is despite an ongoing “trade war” between China and President Donald Trump that has led to financial instability in emerging markets. Among the key drivers for the Australian dollar is its […]
Having reached a five-month low earlier this week, the USD/CAD pair continues to climb back above the 50-day simple moving average. While the US Dollar’s support for risk appetite remains in place, the pair may struggle to hold above a key resistance level. A break below 1.3400 may trigger a bearish trend. However, a close […]
Jeremy Hunt’s announcement of a new round of sterling and gilt sales should be considered a welcome development. The Bank of England’s (BoE) latest intervention in the UK government debt market is designed to address the concerns about financial stability and provide a bit of cover for investors. However, it’s not all good news for […]
Traders often use forex spreads as a way to reduce their exposure to risk and boost their returns. However, there are also risks involved in spreading. It is important for traders to understand the pros and cons of this type of trading. While it can be an attractive method for new traders, it can also […]
Real reviews about FIBO Group about the forex company A FIBO group forex broker is a highly reputable option. It is a member of the FCA, CySEC and FSC regulated groups, and has been around since 1998. Whether you are new to trading or have a lot of experience, a FIBO group forex broker may […]
It seems that the USD/JPY market has bottomed out as a result of the sudden drop in oil prices. However, this time around, the US dollar will stay on top. As the economy recovers from the recession, and as the Federal Reserve begins to raise interest rates, this will continue to happen over the coming […]
The world’s largest currency exchange, the Bitfinex, has been ordered by a Federal District Court judge to produce Tether Loan Documents by a few months. This means that anyone who buys or sells Tether from the platform will receive what they are paying for in a timely fashion. However, this order will also be applied […]
