EUR/USD fell in early trading on Wednesday, reaching its lowest levels since January 11th. The pair had been pressured lower after hawkish comments from Fed Chair Janet Yellen. Political fears also weigh on EUR/USD as French Presidential candidate Marine Le Pen advanced in polls. The recent low of 1.0339 comes into view again here and […]
Forex Trading Articles – Forex Education –
Many people would like to trade for a living, but the biggest problem they face is a lack of capital. In order to make a living trading in the stock market, traders really need to plan on having an initial balance of at least $100,000. That’s possible for mid-career professionals and retirees, but an unlikely […]
With the impressive economic growth in China, many investors are getting interested in owning Chinese currency, aka the Yuan (which translates as round coin) or Renminbi. The distinction between the two is that the Yuan is the actual unit of currency while the Renminbi is name of the Chinese currency. A good comparison would be […]
By Brian O’Connell Former President Ronald Reagan once defined inflation as “violent as a mugger, as frightening as a mugger, and as deadly as a hit man.” Our 40th president wasn’t exaggerating. Inflation is nature’s financial way of eating your income without you knowing it – or at least not right away. That’s the case […]
In the short term, market participants tend to have a very narrow focus when it comes to determining what information influences their decision making. And we’re certainly seeing that now … I say that because despite all of the underlying problems in the world, the dominant focus in markets for the past few weeks has […]
The currency market, as well as all markets, have been heavily focused on the U.S. and the Fed’s plans for more quantitative easing (QE). And that’s had a huge impact on the dollar and on dollar sentiment. The question is: Will it last?