It is important to always seek confirmation before taking a position for Forex Traders. This is also true when adding to the existing position when placing in the initial position. There is one thing in all financial markets, it is never add to a losing position. That means never “average down” a losing long position [...]
The Australian Dollar has been traded on the peak mostly during Friday’s trading session. Reports from Evergrande USD bondholders did not yet receive interest payments mere hours before the deadline. That roughly amounts to US$83.5 million. There was no immediate reply from the company as the world continues watching China for a potential liquidity crisis. [...]
Gold prices shaded off today after the U.S. Federal Reserve signalled easing its monthly bond purchases by next year and a sooner-than-expected interest rate hike, which could increase the opportunity cost of holding the non-yielding bullion. Yesterday afternoon’s statement from the Federal Reserve’s Open Market Committee (FOMC) was deemed mostly neutral on U.S. monetary policy [...]
The way traders, investors and brokers interact in the market has also positively changed many devices, securities and technological developments. Investment and trade in recent years have brought many new ways. Also, even if you want to trade stock market indices, there are plenty of alternatives to choose from. Gaining exposure to a stock index [...]
