Monthly Archives: April 2022
Lesson 3: Understanding the currency pairs
Written on April 1, 2022 at 4:05 am, by anakin
The US Dollar is the most frequently traded currency in the world. As a result, most currencies are quoted against it. However, different types of currency pairs are used when referring to Forex trading, each of which is split into groups depending on the amount of trading activity and liquidity. These are known as majors,Continue Reading
Lesson 2: Why should you trade in the forex?
Written on April 1, 2022 at 3:00 am, by anakin
(In comparison to other markets) The forex market is the world’s largest, and it offers numerous advantages that attract traders. The following are some of the primary reasons to give forex trading a try. Unparalleled liquidity The foreign exchange market is highly liquid, which is another way of saying that other traders are always availableContinue Reading
Written on April 1, 2022 at 2:11 am, by anakin
Although this month was a favorable month for US equity, quarterly it decreased mostly owing to the FED’s threat to reduce inflation and affected by conflict situations in Ukraine. According to MT4 VT Markets data, the SP500 was down 1.32 percent daily and down 5 percent quarterly, the NAS100 was down 1.22 percent and downContinue Reading
Lesson 1: What does “forex” mean?
Written on April 1, 2022 at 2:00 am, by anakin
Forex – often spelled FX – is an abbreviation for “Foreign Exchange.” Fundamentally, it is similar to a stock exchange in that it is a market where one can exchange multiple currencies worldwide. According to a 2019 triennial report from the Bank for International Settlements (a global bank for national central banks), the daily tradingContinue Reading
