Becoming a Forex trader one need to sign-up with any of the broker for holding a trading account. Opening your first Forex account is one of the biggest steps you can take as a startup trader, so this is definitely not something you are not ready for. Many newbie’s rush into choosing the type of [...]
The price of gold was strong today as investors waited for Chief Minister Jerome Powell's speech at the Jackson Hole Symposium later, After some US Federal Reserve officials called for a bond purchase. It has recorded some slight gains from previous session. Yesterday the Federal Reserve's hawk policy analysts considered the central bank's bond purchases [...]
Aussie is on the back foot upon Aussie CAPEX smashes as well as virus concerns weighing on the quote. Australia’s second-quarter CAPEX survey has been released and beats expectations by a mile. Australia Q2 New Capital Expenditure +4.4 pct QoQ s/adj (Reuters poll +2.5 pct). Australia Q2 Building CAPEX +4.6 pct QoQ, s/adj. Australia Q2 [...]
When market experienced sentiment flip flopping back and forth in its behavior Risk-on and risk-off happens. The price behavior responds to and is driven by changes in investor risk tolerance. There is daily headline risk, geopolitical risk and economic risk, not to mention the ongoing political rumor mill. This type of action can take a [...]
