What is Forex Trading? Forex trading is a foreign exchange market. Simply put, it is a market where foreign currencies are exchanged. This market exists to conduct international business and trade worldwide either through the desire to purchase something from another country or foreign travellers needing to use local currency. The Forex market, as it […]
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Leverage is a way for a trader to trade a larger volume than he/she owns using only his/her trading capital. You may need a surplus database in order to manage your data. When you visit the sites dedicated to forex trading, you may have seen many flashy banners that offered something like leverage of 500: […]
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Forex markets are a global marketplace. There are buyers and sellers of different currencies located all around the world. All those participating in the forex markets help make it the largest market in the world, with trillions of dollars’ worth of trades going through each day. Given that forex trading is such a global activity, […]
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One of the simplest and most effective strategies for trading forex is trading the trend. In fact, some of the most powerful trading strategies come from trend trading. A trend is a series of higher highs or lower lows, depending on the direction of the trend. Following a strong trend reduces risk when trading and […]
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Mark Carney, the Bank of England’s Governor, will face one the sternest tests of his tenure today. He and Paul Fisher, the Bank’s executive director of markets, will appear before MPs to answer explosive allegations that the institution turned a blind eye to the manipulation of foreign exchange markets.
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