After a lot of volatility, the US Dollar lifted near the yearly high of 93.437 from the end of March. After hitting the swing low, the USD index has strengthened by almost 3.5% and moved to the US Presidential election level between 92.00 to 94.00. The USD strength came from the hawkish Fed policy with…
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The US Dollar keeps promises by remaining strong against most of the major currencies with back to back positive impact from financial data. However, US CPI increased by 0.9% in June 2021 after a 0.6% increase in May, which is the most significant 1-month increase since June 2008. Although the market showed a mixed sentiment…
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FP Markets, the Australian forex and CFDs broker, has added more than 550 new stock CFDs to its already extensive list of products. The stock CFDs come from a range of global markets including London, Hong Kong, Paris, Frankfurt, Madrid, Amsterdam, and New York (NYSE & Nasdaq) and cover a wide range of sectors including…
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Traders around the world need a clear direction about US inflation. Any sign of accelerating inflation above 4% may influence the Fed to tighten the monetary policy. Moreover, any taper of the bank bond-buying scheme would create a positive impact on the US Dollar. On the other hand, investors will see how the UK Consumer…
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The global financial market has seen a directional bias from the Hawkish FOMC and the Non-Farm Payroll last week. There was an 850,000-job growth in the US, but the unemployment rate failed to catch investors’ attention positively. As a result, the US Dollar started doing a correction against other major currencies, and the leading investors…
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Award-winning broker, Axiory Global, has shifted its product offering with the release of its brand new Alpha account for exchange products. The account currently offers Stocks and ETFs. “This goal is one of the focal points of Axiory’s strategy and an essential element to fulfill the shareholders’ and managers’ vision of a truly global brokerage,…
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When someone is trying to get you to start currency trading, they always try to make it sound straightforward. However, it is usually not as simple as they make it look, even with the most tradable currencies at your disposal with trading psychology. We are going to use this article for diving deep into what…
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Welcome to our examination of the psychology that drives support and resistance, to cause role reversal. At the end of this, institutional and retail traders will know how too navigate the financial markets, liquidate when necessary, and how to manage their money properly to take advantage of the opportunity. As we do this, check out…
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Welcome to forex trading rules where we cover everything from what you need to know about this market before you go in and how you can get started in forex trading. Day trading rules and other rules for other types of traders are not that different. We have compressed them into this brief. With forex…
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