If you follow Forex in any way, you know that Forex robots have become wildly popular over the past few years. With the overabundance of Forex robot sales pitches, it is hard to find a robot that is actually successful. In this article, we will show you how to find
Read more…
The beauty of forex is you can get started right away without any money and without having any idea what you are doing. To do this you open what is called a demo forex account. In your demo account you trade with fake money and you have fun learning how
Read more…
The US dollar index (USDX) is an important analytical tool for traders in just about any market. The USDX is actually a futures contract which means that if you have a futures trading account you could trade this instrument like corn, oil, gold or currency futures contracts. However rather than
Read more…
Trading the OTC (over the counter) currency markets offers an opportunity to hedge stock and bond investing, but really is more of a traded market following the ebbs and flows of global commerce than it is an investment arena to plan retirement from. Getting to know six major currency pairs
Read more…
Forex traders hear a lot about Risk; whether the markets are tolerant, averse, or neutral. It is a headline that is bandied about on a regular basis. Quantifying the value of risk, and its forex impact, may be so much harder to do in the trading arena, than reporting each Read more…
Severe volatility returned to financial markets this month. Central banks had to step in once again to be the lender of last resort, with plentiful liquidity on offer to those borrowers that need it. Worries about the solvency of Greece was the proximate cause for the renewal of uncertainty and sharp reduction in volume. Securities markets have almost shut [...]
In several issues of FX Forecast Update we have written about the risk related to the debt situation in the PIIGS countries. Admittedly however, we did underestimate the impact on the FX market - not least on EUR/USD. We revised our 3M EUR/USD forecast lower on 28 April to 1.27, see FX Research: The good, the bad [...]
Even in the face of consistently positive corporate earnings and economic data surprises this year, risk assets were always going to face an uphill battle matching their 2009 performance, largely because prices were no longer a bargain. This task was made all the more difficult as the advanced world fiscal reaction exploded, with Greece the catalyst. Greece was merely the most [...]
Most major economic indicators, including employment, retail sales and industrial production, improved notably over the past month, which raises the upside risks to our forecast. We continue to believe economic growth will moderate during the second half of the year, as the boost from inventory restocking fades and various stimulus programs wind down. Consumer spending may also [...]
Economic data during the past month has largely surprised to the upside confirming that the recovery is firmly entrenched. The global purchasing managers’ index for both the manufacturing and services sectors moved further into expansionary territory in April. Labour reports out of North America have swung from a heavy weight on the economic outlook to a source [...]
