The year 2020 and the COVID-19 pandemic have been a challenge for many industries, including the forex industry. In the next couple of months, exchange rates are going to depend on how fast confidence is renewed as we all look to recover from a global pandemic, though aggressive monetary and fiscal policy support packages from…
When considering embarking on forex trading, one faces several options. You can explore the charts of a forex broker’s trading platform yourself and try to understand how the market works. Or you can read forex trading books, take free forex trading courses or even online trading training. Whatever you choose, learning allows you to acquire…
The term ‘forex’ is a portmanteau of ‘foreign currency exchange’. It refers to the foreign currency market, where national and regional currencies are traded against one another. Up to US$5.1 trillion ($5,100,000,000,000) in currencies changes hands every day. This makes for a market bigger than all the stocks traded around the world. The opportunities for…
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