The beginner's guide to FX trading
Carbon credits pertains to the right to emit a certain volume of greenhouse gases. The current measure is that one ton of C02 (or C02 equivalent gases) is equal to one carbon credit. To encourage businesses and companies to minimize their emission of greenhouse gases, they can exchange, buy, and sell carbon credits in the international market.
Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for...
Quantitative easing (QE) is an unconventional monetary policy used by central banks to stimulate the...
Yield curve control (“YCC”), also sometimes called interest rate pegs, is where bond yields are set by the...
The Commodity Channel Index (CCI) is a technical indicator that measures the current price level relative...
A binary option is a type of options contract in which the payout will depend entirely on the outcome of a...
JPY was the biggest loser, & It’s likely positive risk sentiment was the major driver as traders leaned positive after another round of optimistic covid vaccine/treatment news.
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USD was net red once again, despite a valiant effort from Dollar bulls on rising inflation/rates speculation, eventually falling on rising risk-on sentiment on pandemic recovery hopes.
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It’s likely the combination of better-than-expected economic updates from Australia & overall positive global risk sentiment were the drivers for the Aussie’s gains this week.
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What are breakeven forex trades and how do you know if you’re making them for the right reasons? Here are a couple of tips that you might be able to relate to.
Read MoreI can accept failure, but I can't accept not trying.Michael Jordan