Since ancient times, trading forex has been done, although it did not establish the modern FX exchange market until the 1970s. In the 21st century, there are already more than 10 million online forex traders. Forex trading offers several advantages, but as with any investment, there are inherent hazards. Working with a forex broker boosts[…]
Currency Markets: Main Trading Benefits
As a currency trader, you’re enthused by the prospect. When it comes to making money, though, you are on the verge of making the right decision. We’re here to help. Investing in the currency market has several distinct advantages over investing in other financial instruments. It may be time to take action if you believe[…]
EURUSD Technical Analysis
The Euro is spiking to the upside at the mid-session on Friday as buyers took advantage of the thin holiday volume. The move may have been fueled by end-of-the-year position-squaring or possibly the news that China would raise its Euro weightings in its key Yuan Index basket. At 16:44 GMT, the EUR/USD is trading 1.1374, up 0.0049[…]