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Forex Analytics and the Currency Market

If you’ve ever traveled abroad, you’ve undoubtedly come across the Currency Market. While trying to figure out how much something costs in your hotel’s local currency, you’ve probably seen the boards with the exchange rates for the various currencies. These exchange rates are divided into two categories: flexible and fixed. Flexible currencies include the Canadian […]

How to Become a Successful Forex Trader

As a novice, you may be tempted to enter the Forex market with millions of dollars at risk. However, this is a mistake. Forex trading requires great discipline and patience. You can earn unlimited amounts of money over a long period of time, and the market rewards those who wait for quality setups. Before you […]

Understanding the Fundamentals of the Forex Market

The foreign exchange market, sometimes referred to as the “banker’s game,” provides investors with the chance to diversify their portfolios and take advantage of opportunities when other global forums are on the rocks. If you’re looking to make a profit from foreign exchange trading, knowing some fundamentals of the forex market is a must. The […]

The Key to Success in Forex Trading

Trading in forex involves buying and selling currencies. Forex traders determine the exchange rate by predicting the value of one currency today and selling it at a later date when the value has declined. This is known as going short, and there are several different methods to trading in forex. A typical lot is one […]

Forex Analytics – How to Determine the Value of a Currency

Currency is a form of money. It represents a nation’s monetary value and is used to pay for goods and services. It has many uses and can be defined in many different ways. For example, a farmer and tailor may trade bushels of wheat for shirts. It can also be anything that stores value. Although […]

Beginner’s Guide to Forex Trading

Forex trading involves the speculative purchase and sale of foreign currencies, hedging existing currency bets against fluctuations in exchange rates to protect the financial position. Converting small amounts of cash is not a huge deal, and the foreign currency market is the largest and most active in the world. However, if you don’t have experience […]

How Forex Analytics Can Help You Make Sense of Currency Trends

A currency can be anything that is used to purchase goods or services from other countries. Its value is set by a governmental authority and is thus stable. This helps make it easier for businesses and governments to reach consensus on the value of goods and services. The use of a currency has its practical […]

How to Become a Successful Forex Trader

The process of Forex trading is not only complicated, but also highly profitable. To be successful, you need to follow the market trends and make smart decisions. While trading on the Forex market requires a significant amount of capital, you can increase your profits by using leverage. By using leverage, you can buy or sell […]

Forex Analytics – The Basic Facts About Currency

Currency is an essential part of global commerce. It allows people to determine the relative value of goods and services. It was first used in ancient Egypt. In ancient Egypt, money was a bundle of commonly purchased items, and grain was the store of value. Later, the Egyptians started using coins, bills, and paper money […]

Which Currency pairs Make You Money?

The EUR/USD is known as the ‘Swissie’ currency pair. The Swiss Franc is no longer in circulation in Europe. CHF is shortened for ‘Confoederatrice Helvetica’ and represents the national economy of the largely neutral international country context in the middle of Europe. It functions as the fourth largest currency in terms of a pips amount […]