Taking a look at the participants and understanding the microstructure of forex markets is very important for investors and traders. Having an idea about the different counterparts in the forex market is as important as learning about the similarities and differences between different fiat currencies. The various players include entities such as banks, hedge funds, corporations … [Read more...] about Forex Market Players
Forex Basics
Trading Psychology: Understand Your Trading Personality Profile
Why It Is Essential to Understand Your Personality In Trading? Your trading personality profile is very crucial for you, especially when you are still in the learning process for trading consistently. By understanding your personality in trading, you can focus on learning strategies that have the highest potential to provide you with profits. You already know that learning … [Read more...] about Trading Psychology: Understand Your Trading Personality Profile
What Moves Currency Pairs: Understanding the USD/INR
Introduction In the foreign exchange market, categories of currency pairs exist where categorization is based on demand and liquidity of the pair. Majors include all pairs associated with the US Dollar. Because close to 90% of the forex transactions involve the greenback, all associated currency pairs are massively liquid and in high demand. Contrariwise, … [Read more...] about What Moves Currency Pairs: Understanding the USD/INR
What Moves Currency Pairs: Understanding the EUR/CHF
Introduction Switzerland falls in the band of the richest countries globally, with a GDP of $705.14 billion in 2018. Besides, the country has one of the most skilled labor forces in the world. Switzerland lies in the Eurozone but does not belong to the European Union. As a result, the country enjoys the status of an oasis of stability in periods of turmoil in the … [Read more...] about What Moves Currency Pairs: Understanding the EUR/CHF
What Moves Currency Pairs: Understanding the USD/JPY
USD/JPY is a widely traded currency pair in the trillion-dollar forex market, loved by veteran traders and beginners. The pair is made up of two different currencies representing some of the biggest economies in the world. The first listed currency in the USD/JPY pair is USD or U.S. dollar, commonly referred to as the greenback and representing the U.S. economy. The second … [Read more...] about What Moves Currency Pairs: Understanding the USD/JPY