Top 6 Forex Websites You Should Be Reading
Its easy to understand and interpret compared to some of the forex economic calendars of other forex websites. Legal: is a trading name of Trading Point Holdings Ltd, registration number: HE 322690, (12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor 3042 Limassol, Cyprus), which wholly owns Trading Point of Financial Instruments Ltd (Cyprus), registration number: HE 251334, (12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus).
The yen, which buyers desire in times of market uncertainty, reached a three-year peak against the euro and a five-week high versus the U.S. This is open to forex traders of all levels of expertise to view however only skilled forex tradingprofessionals can publish.
For example, a trader analyzing the EUR/USD currency pair fundamentally, would be interested in the interest rates in the Eurozone , compared to those in the U.S. They would also want to be on top of any significant news releases coming out of each country in relation to the health of their economies.
Disclaimer: Any Advice or information on the website Forex Factory Trading is General Advice Only – It does not take into account your personal circumstances, please do not trade or invest based solely on this information both on forex and binary options.
Currencies are grouped into pairs to show the exchange rate between the two currencies; in other words, the price of the first currency in the second commonly traded forex pairs (known as ‘major’ pairs) are EUR/USD, USD/JPY and EUR/GBP, but it is also possible to trade many minor currencies (also known as ‘exotics’) such as the Mexican peso (MXN), the Polish zloty (PLN) or the Norwegian krone (NOK).
Clicking the report background tab found quite to the right of the story headline on the Forex Factory, Forex calendar provides some insight as to whatever the news is entirely about, why it is of value to the market as great as a reference on how frequently that piece of news is traded in a calendar time.
As you might expect, the larger the forex broker, generally the more services the broker can make available to their clients, the tighter their dealing spreads, the more reliable their trading platform and the faster their transaction executions are likely to be. Thus, in general we recommend that you choose one of the larger brokers.
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