The New Zealand dollar has been falling sharply against the world’s most heavily traded currencies on speculation that the Reserve Bank of New Zealand would have to cut interest rates faster than traders had previously expected. Indeed, the rapid deterioration of the New Zealand economy prompted many investors to exit…
Many traders use numerous indicators - but over the last 22 years I have four favourites and I will share with you here and they have worked for me and they will work for you. Let’s look at them… Today, good old bar charts have gone out of fashion but I think their essential and use
Moving averages are one of the most basic and widely used series of indicators by technical analysts of the Forex market.
The Reserve Bank today reduced the Official Cash Rate (OCR) from 8.25 percent to 8.0 percent. Reserve Bank Governor Alan Bollard commented that “more unpleasant international news has emerged since the June Monetary Policy Statement, and there is a risk that the domestic economy will slow further.
Reports from the twelve Federal Reserve Districts suggest that the pace of economic activity slowed somewhat since the last report. Five eastern Districts noted a weakening or softening in their overall economies, while Chicago characterized its economy as sluggish and Kansas City noted a moderation in growth.
UK short-term interest rates had increased initially during the month by around 50 basis points.
There are many trading theories which believe in mathematical order in the market and you can predict the future. Human nature is constant and therefore if you know the law of market movement you can make money but what are the best scientific theories? The three major ones are those based on Gann and Elliot wave
If you want to get rich, no matter how inexperienced you are in investment, then one of the best places to start is with the book the Zurich Axioms and here we will look at some that you can apply to forex trading to supercharge your gains… In this article we are just going to focus
What does this mean for ECB interest rates? One thing is sure - it will be harder for the ECB to hike rates further.
With the turmoil in the global economy and currency markets, a trader needs to find a safe haven for his hard earned profits. Let’s evaluate if it is time to go long on the Yen, which may be considered a safe bet, though with low yields
