How to forex trade for dummies?

You can even build strategies to execute your trades using algorithms. You can read more and download the trading platforms from our trading platforms page. As a leading global broker, we’re committed to providing flexible services tailored to the needs of our clients. By the end of this article, you will have a good understanding … Devamını oku…

FX for Dummies: Beginner’s Guide to Foreign Exchange

The rate, such as 1.1500, signifies that one euro can be exchanged for $1.15 dollars. These rates, influenced by supply, demand, and overall economic health, fluctuate incessantly. This includes staying updated with market news, economic events, and new trading strategies. Forex trading involves predicting the direction in which a currency pair will move and placing … Devamını oku…

What is the USD DXY index and how does the DXY reflect the dollar’s value?

The United States has supported Israel in the Yom Kippur war, which led to protests from OPEC. The organization decided to establish an embargo and stop supplying the US with petroleum. Moreover, OPEC has also conducted a series of production cuts to avoid overproduction. Happily, you don’t need to conduct any calculations on your own, … Devamını oku…