Important Forex Updates for Jan 30th, 2023
CAD Weakens; On Monday, the Canadian dollar weakened against its major counterparts due to falling oil prices. The Opec meeting is scheduled to discuss current pricing policies for petroleum products. Crude oil prices fell $0.82 per barrel to 78.87 on March 1st…
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Four Must-Read Forex Updates for Jan 28th, 2023
Pain in Energy Markets:Due to falling natural gas prices, the commodity closed below $3 for the first time since May 24th, 2021. This decline was spurred by increased stockpiles in Europe and America as forecasters predicted mild weather in February.Major…
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Gamma Squeeze Explanation: The Basics of Option Theory and How It Works
What does Gamma Squeeze mean? After selling call options on a particular stock, market makers who are exposed to negative (short) gamma and negative (short) delta may experience a gamma squeeze. Let's simplify this as it can all sound confusing:…
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Must Read Updates for Jan 27th, 2023
EUR/USD OutlookThe EUR/USD continued its advance from yesterday, reaching a high of 1.09 following the opening of European markets. The Euro gained momentum against the USD as news from the Bank of Canada's rate decision started to spread throughout the…
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Major Forex Trading Sessions Worldwide
The 24-hour forex trading market is divided into three main trading periods: the London session, the US session, and the Asian session. Every significant regional market center has distinct characteristics and patterns that may enable traders to successfully implement strategies…
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