The beginner's guide to FX trading
Cable is slang for the GBPUSD currency pair.
It is one of a few slang terms for different currency pairs.
The term originated from the exchange rate originally being transmitted by a transatlantic cable, and the name stuck.
Occasionally, people also refer to the price of the British pound as cable.
Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex...
Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for...
A currency pair is a price quote of the exchange rate for two different currencies traded in the foreign...
Secured Overnight Financing Rate (SOFR) is the secured overnight funding rate in USD. It is a rate...
What is Quote Currency? The quote currency is the second currency in a currency pair. It is used to...
Ever get blindsided by an unforeseen event in trading? Here’s a trick to make calculated decisions while dealing with the fear and shock from a market ambush.
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Global risk sentiment and counter currency flows were the name of the game for euro & franc traders this week, resulting in a mixed performance for both.
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Difficulties with Brexit negotiations was the likely main factor in Sterling’s broad move lower to a net negative week after an opening rally on Monday.
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Positive global risk sentiment & the RBA had traders buying up AUD early in the week, enough to beat most of the major currencies into the weekend.
Read MoreTo be successful, you must decide exactly what you want to accomplish; then resolve to pay the price to get it.Bunker Hunt