The beginner's guide to FX trading
The currency of Zambia. Currency code (ZMW). Currency code was formally ZMK, until December 12, 2012. 2013 marked the start of the redenomination of the older Kwacha currency unit, approved the year before. The old and new currencies recirculated side-by-side for half the year. In June of 2013, roughly 95% of the old currency was taken out of circulation by the Bank of Zambia.
Supply refers to the amount of an asset that is available while demand is the quantity of an asset that...
The Carry Trade is a trading strategy where investors/traders sell or borrow assets (such as currencies)...
Currency intervention occurs when one central bank or more buys (or sells) a currency in the foreign...
A type of chart used in the forex. It has four major points- the high and low prices which form the...
Personal Income and Spending, also known as Personal Income and Consumption, is a report generated by the...
The British pound was much more subdued and choppy relative to previous weeks, but was able to pull out wins against the major currencies
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Another set of Brexit plot twists for the U.K. dragged the pound deeper in the red zone as the possibility of a “no deal” exit seemed stronger with May’s resignation.
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Looks like New Zealand is in for a data-light trading week. So which events can move the Kiwi over the next few days?
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A “trading yo-yo” is the cycle of successfully making money and then becoming overconfident and careless, which usually leads to losses.
Read MorePractice does not make perfect. Perfect practice makes perfect.Vince Lombardi