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Forex News: Risk Aversion Sends Euro Beyond the 2-Month Low

There was one clear conviction in today’s European session thus far, and that has been an aversion to risk correlated assets. The Euro fell 65 points against the US Dollar in the first part of the session without a clear Read More →

Forex markets – trading internationally

Forex market trading is trading money, currencies worldwide. Most all countries around the world are involved in the forex trading market, where money is bought and sold, based on the value of that currency at the time. As some currencies Read More →

How to Get Profit from Forex

Forex trading, as one of the important markets worldwide, is a very profitable opportunity and it can bring enormous earnings to traders. Forex trading can also be very risky, especially to the new inexperienced traders. That is why every trader Read More →

Major Components of Forex Trading Strategy

Before, the forex market was limited only to long-term investors, banks and people who have greater capitals. The trading occurs via an agent or voice broker who will inform clients on what is going on. Later on, it was been Read More →

Gold-Forex Correlations: European Markets Expected to Drive Gold

The following table includes the correlation between gold and the most popular currency pairs over various timeframes. A value close to +1 indicates a strong positive relationship between gold and the pair, while a value close to -1 indicates a Read More →

Sound Bites: Fedspeak Remain Dovish Despite Better Data as World Awaits US Elections

United States: US Labor Department (Monday, 10/29): “The Labor Department is working hard on timely release of jobs data.” Closure of New York exchanges due to Hurricane Sandy caused speculation that October non-farm payrolls and other labor data may be released after Read More →