It’s a known fact all financial institutions need to be licensed or regulated to strict standards to prevent fly-by-night operators and ensuring clients can deposit funds with the utmost trust. In forex, these attributes are no exception. In the pursuit of any new broker, licensing is often the first consideration for any client since it provides a level of security and … [Read more...] about Forex Broker Licensing: What You Must Know
Forex Basics
Renminbi vs. Yuan Debate: Does China Have Two Currencies?
China’s growing influence can no longer be ignored. The country is home to one of the largest and fastest-growing economies. Likewise, it is backed by one of the most robust export economies. The country’s growing influence has also continued to shed more light on the native currency. China’s currency is increasingly becoming a key player on the international scene thanks … [Read more...] about Renminbi vs. Yuan Debate: Does China Have Two Currencies?
Commodities and Currency Correlations: How to Profit From Them
The prediction that takes place in the currency markets comes down to several things. For starters, people analyze economic releases and monetary policies to try and predict price action. Besides, some traders base their decisions on the interrelationship that exists between commodities and currencies. Time-tested connections are standard among these two instruments. In some … [Read more...] about Commodities and Currency Correlations: How to Profit From Them
Top Commodity Currencies to Trade
Commodity prices have an impact on other market sectors. Higher oil prices tend to affect industries like airlines and manufacturing. Other commodities like iron ore and copper also have an impact on stocks and indices. In this article, we will focus on some of the popular commodity currencies you can trade. What is a commodity currency? A commodity currency refers … [Read more...] about Top Commodity Currencies to Trade
Earning Profits by Trading the GBP/AUD: The Fundamentals
Seasoned traders, as well as newcomers, prefer to trade in the GBP/AUD since it is a highly volatile and liquid currency pair. But in order to be successful, you need to follow the latest news updates, monitor the real-time chart situations, and keep an eye on the exchange rate. Since the market is highly unpredictable, you may end up losing all your money if you don’t know the … [Read more...] about Earning Profits by Trading the GBP/AUD: The Fundamentals
