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By 3 November 2020

How to Take Advantage of Changing Forex Market Themes 

  In everything we do, we should always be ready to embrace any changes that come into our lives. Successful businesses, for example, create new products and services depending on the demands of the customers. Without it, the business will fail and competitors will see this as a weakness.  Changing isn’t easy. As a Forex

By 2 November 2020

U.K.’s One-Month Lock Down Pushes Sterling Lower

The newly imposed lockdown by Prime Minister Boris Johnson in U.K. is starting to weigh on the sterling amidst Brexit optimism. The upbeat news in favor of the Brexit seems to be disregarded and the sterling fell due to the sentiment of the lockdowns in United Kingdom. The sterling may also be edging lower due

By 30 October 2020

Sterling Fell Against the Dollar Due to Possible Na ...

The Sterling fell against the safe-haven dollar amidst the return of national lockdowns in Europe.   Versus the Euro, the pound was up 0.18% at 90.33.  The ECB kept its policy unchanged, resisting pressure to introduce fresh stimulus amid a surge of coronavirus cases across Europe, but hinted at providing more support in December.  While the

By 29 October 2020

Is It Really Important to Keep Your Cool When Tradin ...

Being rational and emotionally detached is essential if you want to consistently profitable. Most new traders ride an emotional rollercoaster and feel like the odds are with them in a win, but feel completely down when experiencing a loss. Meanwhile, professional traders stay calm and relaxed even after a series of losses. They have the

By 28 October 2020

Pound Outlook Turned Positive But Further Gains may ...

Ahead of the U.S. Presidential Elections, the sterling picked up gains. The question is, will it maintain its gains even after the presidential elections?  Traders are no longer bearish in the U.K. currency for over a week now, opening the way for an advance before the Nov. 3 U.S. Presidential Elections. Behind the shift in

By 27 October 2020

Forex Trading Tips and Tricks 

Here is a list of the ultimate forex tips that can help in your trading performance.  Know the kind of trader that you are Every trader is different, just like the market. You have your own goals, personality, and emotional strength.  Some traders would like to go with low-risk positions while others are more daring

By 26 October 2020

UK’s Economy Recovery Slows in October as COVID ...

Britain’s economy has slowed this month due to the resurgence of the coronavirus pandemic and will most likely damage businesses and transport sectors.   An early “flash” regarding of the HIS Markit/CIPS UK Composite Purchasing Managers’ Index (PMI), a gauge of private sector growth, fell to a four-month low of 52.9 in October from 56.5 in

By 23 October 2020

UK Consumer Sentiment Falls Since the Breakout ...

As lockdown restrictions tightened across much of the country, British consumer sentiment fell this month, according to a long-running survey published on Friday.  The Gfk Consumer Confidence Index tumbled to -31 in October, its lowest level since late May down sharply from a nine-month high of -25 in September.  The six-point fall in the index in the

By 22 October 2020

What are the Challenges that Home-based Traders Go t ...

Thanks to the advent of the internet, people now has access to almost everything even forex trading at home. Trading before was different, people would line up on wall street. Meet their fellow traders and exchange information with each other that will benefit their trades. Nowadays, everything can be done in the comfort of your

By 21 October 2020

Bank of England Urged to Step Up Amidst Falling of B ...

The Bank of England is likely to supplement its quantitative easing war chest next month to offer more support to an economy still struggling amid coronavirus restrictions on activity and fears of a no-deal Brexit, a Reuters poll found.   Surging coronavirus infection numbers have pushed the government to tighten curbs across swathes of the country

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