Category Archives: Forex Trading

5 Skills You Need To Trade Effectively

Trading on the forex market is a difficult thing to do, requiring a lot of time and patience, and an analytical eye. Some forex traders are naturally better than others at this – and it all comes down to a certain skill set that we’ll explain in this post. Skill #1: An analytical mind  When

Forex Trading 101: The Basics

Foreign exchange, more commonly referred to as forex within the trading industry, is the biggest trading market in the world – with over $5 trillion dollars worth of currency traded globally every day. This makes it a highly dynamic liquid market, allowing you to profit from fluctuations in currency exchange rates by speculating on whether

Can Theresa May save the pound?

All eyes will be on British PM Theresa May as she makes her way to Salzburg today to address EU leaders over dinner this evening. This informal summit is considered a turning point for Brexit: will the UK be able to pull the ultimate deal (single market access and frictionless trade, minus free movement of

Amazon vs. the rest of the world, what next for US stocks?

  As we move into the autumn months, it’s worth looking more closely at the US stock market, which appears to have disconnected from other risk markets. For example, Amazon made a fresh record high on Tuesday and became another trillion-dollar company. In contrast, the South African rand is close to a record low and

Why family matters to me and my new friends and family LFX course

By Greg Secker I don’t think it would be any surprise to anyone who knows me, that my biggest passion in life are my children and family. They are the driving force behind everything I do and bring me a level of joy that cannot be measured. So, as we enter into August and the

Bank of England preview: It’s not about the rate hike…

  The Bank of England will reveal its third Inflation Report of the year on Thursday 2nd August at 1200 BST. The market is pretty much convinced that the BOE will hike rates, the GBP Overnight Index Swaps market is pricing in a rate hike this week with a 91% probability. Usually when the market

ECB in a bind, BOJ plays stick not twist, and why the dollar is looking weak

  Inflation may become the hot new topic for financial markets as we move into the latter stages of the summer months. The July CPI rate for the Eurozone came in stronger than expected at 2.1%, the fastest rate of price growth since 2012. Core prices are also rising, albeit at a slower pace, to

What’s driving the dollar?

  After last week’s 12-month high in the dollar index, you might wonder who or what cut short the rally. The dollar index has stalled this week and is down some 100 pips from Friday’s high. Trump puts his oar into the FX market, again Part of the reason for the decline is the Trump

European stocks: ripe to shine

  European stocks are recouping Monday’s losses as investors become more comfortable with holding risk. The turnaround is down to better PMIs in the Eurozone as well as strong US earnings, and growing expectations that the US Q2 GDP report will beat expectations after White House advisors have said that they expect a 5% annualised

Politics proves toxic for the pound once again

The pound’s sensitivity to Brexit-inspired political discord has flared up once again. On Tuesday GBP is dipping on the back of fears that Theresa May’s government could face defeat in the Commons if Labour sides with pro-European MPs and calls for the UK to remain in the Customs Union if there is no trade deal