Understanding Slippage in Forex Trading: A Comprehensive Guide
Introduction In the fast-paced world of forex trading, slippage is a term that traders often come across. Slippage in forex…
About the analyst
Vinit Makol
Lead Strategist and Market Analyst at Edge-Forex
Vinit Makol is a forex trader, strategist and market analyst with more than 20 years of experience in forex and financial markets.
As lead strategist and analyst at Edge-Forex, he writes about currencies, central-bank policy, macroeconomics, commodities, trading strategy and the geopolitical events that affect global markets.
His work is informed by practical trading experience and supported by market data, economic releases, official documents and other relevant sources.
More by Vinit Makol
Regulatory Crackdown: SEC Charges Coinbase and Binance, Shaking Bitcoin Prices and Crypto Exchanges
The cryptocurrency market experienced a significant shakeup as the U.S. Securities and Exchange Commission (SEC) filed charges against two major…
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Dutch central bank chief Klaas Knot remarked on Tuesday that underlying price pressures in the euro zone might prove challenging…
Gold Price Oscillates Around $1,960 Amid Divided Response to Fed’s June Policy
Gold price (XAU/USD) is experiencing a period of consolidation, hovering around the $1,960 mark in the early London session. The…
Australian Dollar Soars as RBA Surprises with Interest Rate Hike
The Australian dollar experienced a significant surge in value after the Reserve Bank of Australia (RBA) took markets by surprise…
AUD Rate Outlook Uncertain as Inflation Rises
With economists and money markets at odds, the direction of AUD rate outlook remains uncertain. Lingering price pressures and a…
Gold Price Forecast: Bears Pounce, Shattering Dreams of Fresh Record
Gold prices (XAU/USD) have experienced a significant downward correction, dashing hopes of reaching fresh record highs. The precious metal attempted…
US Debt Ceiling Resolution Shifts Focus to Fed’s Rate Outlook
As the US debt default crisis has been averted, market attention now turns back to the US Federal Reserve’s rate…
Nonfarm Payrolls Report: US Economy Gains 339,000 Jobs, Softened Wage Growth Impacts Fed and US Dollar
The May Nonfarm Payrolls report shows strong job growth but softened wage growth, raising doubts about the Federal Reserve’s tightening plans and impacting the US Dollar.
AI in Forex Trading: Empowering Traders with Unparalleled Market Analysis, Automation, and Decision-Making
AI in forex trading revolutionizes market analysis, automation, and decision-making. However, human judgment and risk management remain vital for successful trading.
Tech Stocks Lead Market Surge as AI Demand Skyrockets
Global stock market sentiment experienced a notable shift in the past week, with tech stocks leading and fueling a surge…
Federal Reserve Leans Towards a More Cautious Approach as Policy Debates Continue, While the US Dollar Remains Strong
The Federal Reserve’s recently released minutes from its May 2-3 meeting have revealed a shift in the central bank’s stance,…
Forex Managed Accounts: The Key to Effortless Account Management
Introduction In the fast-paced world of foreign exchange trading, many investors are seeking effective solutions to maximize their returns while…
US Dollar Defies Soft Inflation and Jobs Data, Surges Above Key Technical Level in Recent Rally
Yesterday, the Bank of England (BoE) announced its 12th consecutive rate hike, raising rates by 25 basis points. BoE Governor…
Forex Today: US Dollar Faces Mid-Tier Data Headwinds in Quest for Foothold
FOREX TODAY: Good day, traders! Are you ready to rock this Tuesday with the latest Forex news? Let’s dive in!After…
Gold Price Forecast: XAU/USD Under Pressure as US Dollar Strengthens
Gold, gold, gold! It’s been quite the rollercoaster ride for Gold. and it looks like the ride isn’t over yet.…
AUD/USD Regains Momentum, Surges Above 0.6700 Level
The US Dollar Index might be dropping, but the commodity currencies are feeling the pressure today. There’s some key data…
EUR/USD Hits 1.0940 Following Weak US PMI Data
The US Dollar is on fire! It surged across the board following the release of the S&P Global PMI survey…
New Zealand Q1 CPI Inflation Expected to Rise to 1.7%: Insights from TDS
Hold on to your hats, Kiwi watchers! The quarterly consumer inflation figures from New Zealand are due during the Asian…
Profit Factor: The Complete Guide with Illustrations
A trading performance measure known as the “profit factor” is the ratio of gross earnings to gross losses. A lucrative…