Trade size plays a vital role in managing risks when trading Forex.
As we've mentioned in our previous article on lot sizes, the larger the lots, the higher the profit and loss per pip. Thus, the...
Australia posted its biggest one-day spike in coronavirus cases in two months, heightening concerns that the nation could go into its second lockdown, and possibly driving AUD/USD lower.
EUR/USD will find it hard to avoid a short-term dip which could take it toward the low 1.11 area.
With exports accounting for 30% of New Zealand’s GDP, RBNZ will keep NZD weak in order to spur exports amid the global pandemic. Short NZD/USD?
As long as central banks’ stimulus works, buying stocks when they drop is always a good strategy.
In the forex trading scene, it’s normal for new traders to start with a demo account first before switching to a Live account and investing with their hard-earned money.
Though Bank of England (BoE) said the hit on economy may not be as severe as initially feared, it does not mean the recovery will be quick. GBP/USD could continue its downtrend.
A lot in Forex trading basically refers to the size of a trade or the amount that a trader trades at any given time.
With the surge of a second wave of infections and rise of geopolitical tension in Asia, we could see flows into safe havens. Long Gold?