Bonus – Use it Wisely and Nicely

Bonuses are highly coveted among customers, and you must have probably used a bonus or two in your life. Trading bonuses are also highly sought-after by traders Understanding bonuses is very important for both the trader and the broker as each side has different goals in mind if used correctly, bonuses can be beneficial to both. [...]

Australian Inflation figure disappoints the traders

Aussie fell today as Australia inflation figures disappointed traders during early Wednesday. Also adding to the Aussie's weakness is the stimulus withdrawal pessimism and the Us dollar strength. Australian consumer prices rose by much less than expected last quarter while core inflation increased by the weakest pace on record, which clearly signals monetary policy could [...]

Monetary policy impacts yen

Today, USD/JPY is stepping into bullish moment and the yen seems to struggle as a response to the monetary policy meeting. The Bank of Japan (BOJ) left its monetary policy settings untouched following the conclusion of its two-day April monetary policy review meeting on Tuesday. Japanese shares looked to suffer on Tuesday as investors looked [...]

How to Day trade effectively with Pivot Points

It’s hard to fly when you can’t properly gauge your altitude. Pilots rely on instruments to measure how high or low they’re flying, particularly in cases where weather may prove challenging or dangerous. We can take this scenario as a metaphor and transfer it over to the currency markets. In the currency markets, there are [...]