U.K house prices increased 7.6% to £249,633 in the year to November 2020, up from 5.9% in October 2020, according to the U.K Government press release. Average house prices rose by 1.2% between October and November 2020, compared with a fall of 0.4% during the same period a year earlier. House price growth was strongest in Yorkshire and The Humber and London, where … [Read more...] about U.K. House Prices Rose 7.6% in the Year to November
Order Block in Forex Trading: All You Need To Know
The Forex market is driven by central banks and other financial institutions. They generate price action through their orders that are significantly larger than standard ones. Order blocks refer to orders that make use of a huge amount of buying or selling of pairs. Let us now look at how trading order blocks work in the foreign exchange market. What is order block … [Read more...] about Order Block in Forex Trading: All You Need To Know
Trade The News In Forex – Best Approach
News is an essential part of forex trading. This is because the way currency pairs move on any given day is determined by the overall news of the day. For example, the US dollar will often rise when there is several major negative news since most traders view it as a hedge against risk. In this article, we’ll look at how to trade the news in forex profitably. Types of … [Read more...] about Trade The News In Forex – Best Approach
How Can You Make Profits by Trading Exotic Currencies?
When Forex traders are looking for a different route to realize profits, they would often shift their attention from the major pairs and deal in exotic currencies instead. This portion of the Forex market is characterized by low liquidity. Speculation and hedging play important roles in exotic currency trading, but the risks can be significantly high as well. What are exotic … [Read more...] about How Can You Make Profits by Trading Exotic Currencies?
IEA Cuts 2021 Oil Demand Outlook on new COVID-19 Lockdowns
The International Energy Agency (IEA) on Tuesday revised global oil demand downwards by 0.3 million barrels, reports CNBC. IEA now expects world oil demand to recover by 5.5 million barrels per day (bpd) to 96.6 million this year. The downward revision of demand outlook by IEA follows an unprecedented collapse of 8.8 million bpd last year as the coronavirus hit global … [Read more...] about IEA Cuts 2021 Oil Demand Outlook on new COVID-19 Lockdowns
