ADP Nonfarm Payroll Number Dents Dollar Rally
The ADP Non-Farm Payroll report, which measures employment growth in the US private sector, showed a lower-than-expected growth in the number of new employees...
A Forex Trader’s Guide to Moving Averages: Part 3
Using Moving Averages as Dynamic Support and Resistance
One use for moving averages is as dynamic support and resistance levels. We cal them dynamic because,...
Dollar Rallies Ahead of Fed Policy Meeting
The dollar index rallied this morning ahead of this week's Federal Reserve policy meeting, which commences this afternoon. This is largely a result of...
A Forex Trader’s Guide to Moving Averages: Part Two
In the first part of this series, we looked at the two main types of moving average - namely simple moving average (SMA) and...
Nordic Trading Competition Returns for Fall 2013
The Nordic Trading Competition, hosted by Global Capital Markets Solutions and FinanceLab at the Copenhagen Business School in Denmark, is set to return this...
The $5.3 Trillion Forex Market Explained – Infographic
The recent publication of the Bank for International Settlements' (BIS) Triennial Central Bank Survey on Foreign Exchange (Forex) has had a massive impact on...
Is the Euro Too Strong?
The euro dropped off a two-year high against the dollar this morning after a survey showing that business morale in Germany was unexpectedly down...
A Forex Trader’s Guide to Moving Averages: Part One
A moving average is a method for smoothing out price action over time, thereby eliminating some of the 'noise' to get a clearer picture...
Upbeat Chinese data boosts EUR, AUD
The euro hit a two-year high against the dollar this morning, and is now holding steady after recovering from a sell-off. The dip was...
Guide to Currency Correlation: Part 3
In the previous lesson, we showed you how to use a currency correlations table, and how to calculate these correlations yourself. Today, we're going...
Dollar in the doldrums after disappointing jobs data
The release of disappointing US jobs data pushed the dollar index down to near a nine month low yesterday, dashing hopes for a reduction...
Guide to Currency Correlation: Part 2
In the previous lesson, we explained what currency correlations are, and why they are useful for forex traders. Today, we're going to show you...
Guide to Currency Correlation: Part 1
If you've been following the forex market for a while, you'll probably have noticed certain trends emerging. For example, you may have noticed that...
Guide to Copy Trading Part 2: Top Copy Trading Companies
In the previous part of this series, we explained what copy trading is and how it works. Today, we're going to take a look...
Guide to Copy Trading Part 1: What is Copy Trading?
While online trading has been available for independent investors since the 1990s, there have been changes aplenty in recent years. Perhaps the most significant...
Dollar sinks after debt deal is agreed
With just a day to go before the debt ceiling deadline, US politicians have managed to reach an agreement to raise the debt ceiling...
Forex Trading Strategy: Scaling In and Out Part 4
In the final part of our series on scaling in and out of forex trades, we're going to take a look at a way...
USD strengthens despite debt deal impasse
Despite claims that the US debt standoff was nearing resolution on Monday, the situation is still unresolved with just one day to go until...
Forex Trading Strategy: Scaling In and Out Part 3
In the previous lesson, we looked at how you can scale out of trades to lock in profits and reduce the risk attached to...
US debt deal hopes boost USD, AUD
Raised expectations that the US government will reach a deal to avoid defaulting on debts has seen risk return to the markets, with the...
