In the FX market, currencies are traded in pairs. These pairs are classified into majors, minors, and exotic pairs. Major pairs are the most popular currencies, and they are characterized by high liquidity and low spreads, which make them favorable to most traders. Minor pairs are the second most traded currencies, and they will technically have lower liquidity than the majors. … [Read more...] about Currency Pairs Beginners Should Stay Away From in FX Trading
Forex Basics
Currency Pairs to Avoid in Forex Trading in 2022
The forex market saw significant price action in 2021 as investors reflected on the vaccination process and actions by central banks like the Federal Reserve and the European Central Bank (ECB). The industry is also expected to show volatility as most major central banks start to unwind their policies. In this article, we will look at some of the top currency pairs to avoid in … [Read more...] about Currency Pairs to Avoid in Forex Trading in 2022
Top 5 Most Volatile Currency Pairs in 2022
Volatility is a concern that must be considered at all times. Despite the fact that more liquid markets, such as the foreign exchange market, have reduced volatility, some currency pairs are more volatile than others for a number of reasons. The currency pair's volatility will have an impact on practically every element of forex trading. One should do in-depth market research … [Read more...] about Top 5 Most Volatile Currency Pairs in 2022
CFD Trading in Forex
Contracts for Difference (CFDs), are forms of trade based on speculating short-term price changes of assets. This form is highly dependent on margin trading and leverage and does not involve actual handling of the assets involved. If you're looking to create a position in CFDs, you simply need to deposit a fraction of the total value of the transaction. This is also … [Read more...] about CFD Trading in Forex
Currency ETFs Explained: What You Should Know
The Forex market with opportunities come about with a variety of instruments that people use to gain exposure. While it is common for people to leverage Contract for Difference to trade individual pairs, currency exchange trade funds offer some of the best ways of investing in the highly competitive marketplace. What are currency ETFs? Such ETFs are simple instruments … [Read more...] about Currency ETFs Explained: What You Should Know
