4 Global Market Updates- 9 November, 2022
In this article, we have covered the highlights of global market news about the USD/CHF, USD/JPY, GBP/USD and AUD/USD. USDCHF: Growing downside pressure - Credit Suisse Key resistance for the USD/CHF was rebuffed at 1.0071. Credit Suisse analysts see indicators of increasing downward pressure. "We…
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USD/CHF holds over 0.9900 as SNB’s Jordan, US elections loom.
To renew the intraday high and halt the two-day slump, USDCHF takes up bids. Before the important data/events, risk aversion and slow markets support the USDCHF recovery. The leading indicators to keep an eye on for obvious directions are the…
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4 Global Market Updates- 8 November, 2022
In this article, we have covered the highlights of global market news about the EUR/USD, NZD/USD, GBP/USD and USD/CAD. EURUSD is unlikely to trade above parity in the following weeks, according to ING. Yesterday, the EUR/USD rose back over parity. However, ING analysts do not…
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A Guide to Trading the London Session for Forex Traders
The London trading session makes up the greatest portion of the overall average FX turnover*, or around 35%. Throughout the year, the New York and London sessions of FX cross over. Talking points for this topic include: When does the…
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How does Currency Trading operate?
The fact that most new traders lose money shows how challenging trading is in any investment industry. With sufficient training, experience, and practice, one may achieve success. So what is currency trading exactly, and is it a good idea for…
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