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When to trade forex: Is there a best time?

Forex trading is a global market that operates 24 hours a day. And it is important to know the best times to trade in order to maximise your profits.  The Forex market can be divided into four major trading sessions: the Sydney session, the Tokyo session, the London session, and the New York session.   TheContinue Reading

How to trade forex: A beginner’s guide

There are several ways to trade Forex, and each method has its own advantages and disadvantages.   The most popular financial instruments used in Forex trading include retail Forex, spot FX, currency futures, currency options, currency exchange-traded funds (or ETFs), Forex CFDs, and Forex spread betting.  Retail Forex is a way for individuals to participate inContinue Reading

What is traded in forex: The most actively traded currencies

To be short, the answer is “currencies”.  When we want to talk about different types of currencies, we use three-letter symbols to represent them. The first two letters in the symbol tell us which country the currency comes from, and the third letter tells us the name of the currency. For example, USD stands forContinue Reading

What is forex trading: A comprehensive overview

Forex is a short term for “foreign exchange,” which means changing one currency to another.  Let’s say you’re travelling from France to the United States. You’ll need to change your euros to US dollars. When you go to the bank, you’ll see a big board with names of different currencies and numbers. This board showsContinue Reading

United States Non-Farm Payroll: What is it and why is important

What is NFP and Why is Important? The Non-Farm Payroll (NFP) report is a monthly economic release that provides insight into the employment situation in the United States. It is a highly significant economic indicator and is widely used by investors, traders, and policymakers to evaluate the health of the U.S. economy. Impact of NonfarmContinue Reading

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