Category Archives: Uncategorized

New Lockdown Measures Shrink UK’s Economy 

  In November, business activity in UK has contracted due to a new wave of coronavirus that affected the huge services industry, but news of possible vaccines in early 2021 boosted hopes of businesses in UK as shown on a survey on Monday.   The HIS Markit/CIPS UK Composite Purchasing Manager’s Index (PMI), fell to a

Pound Surges on Brexit Deal Hopes 

On Monday, the pound gained back from two-week losing streak against the dollar as hopes for Brexit deal was given a boost after PM Johnsons top aide was ousted ahead of “make or break” Brexit talks.  Hopes on a Brexit deal was boosted after the prime minister’s top advisor Dominic Cummings, confirmed he will leave his

UK’s Economy Lagged in September, the Worst is Yet to Happen 

  The economy of Britain grew slower by 1.1% in September compared from that of August while lagging other rich nations as it struggled to recover from the shock of the pandemic even before the latest Covid-19 lockdown.  The slowdown in the data that is shown on Thursday, gave expectations that the economy will shrink once again

How to Take Advantage of Changing Forex Market Themes 

In everything we do, we should always be ready to embrace any changes that comes 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 trader,

UK and EU Still on a Stalemate on Trade Deal 

  The European Union and Britain have failed to bridge the gaps in securing their trade deals and reaching an agreement on persistent sticking points is still way off.  Talks have been intensified for two weeks as UK and EU is trying to strike a deal to protect nearly a trillion dollars of trade from severe disruption,

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

Is It Really Important to Keep Your Cool When Trading? 

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

UK’s Economy Recovery Slows in October as COVID-19 Resurges 

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

The Forex Market 

How Big is the Forex Market? According to the Bank for International Settlements triennial report of 2016, the foreign exchange market cap averaged $5.1 trillion per day. With this size and depth, it makes it an ideal trading market. The liquidity of Forex makes it easy for traders to sell and buy currencies without delay. Liquidity

How To Overcome Forex Trading Worries

Worrying is a normal response for us humans. We worry whenever there is uncertainty or feel uncomfortable in making decisions because we are scared of the possibility of a negative outcome. As a human, it is in our nature to try to avoid pain as much as possible. As a forex trader, one of the