2020

Latest Blog

Breaking News: Traders’ Current Thoughts After the US Reported Record Jump in New Cases

The US governors are reversing plans to reopen their states as the country registered the biggest jump in coronavirus cases. However, markets remain bullish in trust that Fed will continue to provide...

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How to Choose the Appropriate Lot Size to Trade

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...

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Breaking News: Surge of Virus Cases in Australia Likely to Pressure Aussie

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.

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Breaking News: US-EU Trade Tensions, Tumbling Stocks Weigh on EUR/USD

EUR/USD will find it hard to avoid a short-term dip which could take it toward the low 1.11 area.

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Breaking News: RBNZ Remains Dovish Amid Worries About Strong NZD

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?

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Traders Are Focusing More on Stimulus, Less on Virus

As long as central banks’ stimulus works, buying stocks when they drop is always a good strategy.

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Copy Tip of the Week – How to Filter Out Strategy Providers Using Demo Accounts (19 June 2020)

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.

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Breaking News: Bank of England to Boost Bond-Buying Programme by £100 billion

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.

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What is a Lot in Forex Trading?

A lot in Forex trading basically refers to the size of a trade or the amount that a trader trades at any given time.

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Breaking News: Second Wave of Infections and Geopolitical Tension Send Stocks Lower

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?

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