Asian Financial Crisis 1997 -1998

The Asian Financial Crisis is a crisis caused by the collapse of the currency exchange rate and hot money bubble. It started in Thailand in July 1997 and swept over East and Southeast Asia. The financial crisis heavily damaged currency values, financial markets, and other asset prices in many East and Southeast Asian countries. On July [...]

5 & 8 EMA Trading Strategy

An exponential moving average strategy, or EMA strategy, is used to identify the predominant trend in the market. It can also provide the support and resistance level to execute your trade. Now we are going to look on the simple exponential moving average strategy which uses 5 EMA and 8 EMA This FX trading strategy [...]

CFD Trading and essentials to know before trading it.

A Contract for difference offers investors and traders diverse opportunities to profit in the market from the price movement of assets without owning the asset. This profit is calculated as the difference between the entry point of the trade and its exit point. CFD provides several advantages for traders, considering the number of assets available to trade. [...]

Why are Interest rates so important for forex traders

The exchange rate between two currencies is determined by the interaction of several variables. Some variables have more influence on the determination of currency rates than the others. One such variable is the interest rate. In general, changes in the interest rate create huge fluctuations in the value of all currencies. In fact all major currency [...]