Foreign exchange (forex) or currency trading is a global market that is highly liquid, with a huge trading volume daily. While traders make a choice of which market to trade, they will look for optimal trading conditions and the best chance of taking a profit. All this cretiria is fulfilled by forex. Forex is often [...]
British pound is trading downside against the greenback during Asian Thursday trading session. Brexit worries, better than expected Initial Jobless claims and concerns over the omicron variant favors the safe haven US dollar and weighs on the pound. Talking about the Brexit Saga, Irish Foreign Minister Simon Coveney crossed wires while signaling no Brexit deal [...]
Australian dollar is trading slightly higher against the American dollar on Wednesday Morning Asian session. Better-than-forecast Australia Q3 GDP details favored the Australian dollar. It has to be noted that the quote has bounced from the yearly low 0.7061 just few hours before. Australia’s third-quarter (Q3) GDP had a rise of 3.9% YoY against the [...]
Meaning of Margin in trading Margin in trading is the deposit which is required to open and maintain a position. By trading with Margin, traders will get full market exposure by putting up just a small amount of trade’s value. The amount of capital required as margin required will be usually given as a percentage. [...]
