FX Market Strategist for TradersWay Wayne McDonell talks about the quantitive of money and the quantitate value of a currency. Purchasing power? Supply and demand?
Quick economic class with Wayne McDonell taking the Japanese Yen as sample.
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Transactions in the CFD market offer ample opportunities and allow knowledgeable and sophisticated investors ready to take risks, to gain high profit. Customer should understand the risks associated with CFD trading, which may be high enough. This short statement does not contain descriptions of all risks and other material aspects of foreign currency trading. With this in mind, you should carefully analyze whether you should engage in such transactions, taking into account your experience, financial status, resources and objectives, the risk you are ready to take, and other circumstances.
Editors’ Picks
EUR/USD stays calm near 1.1650 to begin Fed week
EUR/USD struggles to find direction and trades in a narrow channel near 1.1650 on Monday. Investors refrain from taking large positions ahead of this week's critical Fed policy meeting, allowing the pair to stay in a consolidation phase following two consecutive weeks of bullish action.
GBP/USD edges lower toward 1.3300 as markets turn cautious
GBP/USD corrects lower toward 1.3300 on Monday after posting gains in the previous week. The markets adopt a cautious stance ahead of the highly-anticipated Fed meeting, making it difficult for the pair to gather bullish momentum.
Japanese Yen flat lines against weaker USD; bullish bias remains amid hawkish BoJ bets
The Japanese Yen struggles to build on its modest Asian session uptick that followed the release of Japan's wage growth data, which reaffirmed bets for an imminent rate hike by the Bank of Japan in December. Apart from this, the cautious market mood lends support to the safe-haven JPY.
Editors’ Picks
EUR/USD stays calm near 1.1650 to begin Fed week
EUR/USD struggles to find direction and trades in a narrow channel near 1.1650 on Monday. Investors refrain from taking large positions ahead of this week's critical Fed policy meeting, allowing the pair to stay in a consolidation phase following two consecutive weeks of bullish action.
GBP/USD edges lower toward 1.3300 as markets turn cautious
GBP/USD corrects lower toward 1.3300 on Monday after posting gains in the previous week. The markets adopt a cautious stance ahead of the highly-anticipated Fed meeting, making it difficult for the pair to gather bullish momentum.
Gold remains stuck near $4,200 as markets gear up for Fed
Gold extends its sideways grind at around $4,200 after posting marginal losses last week. The trading action turns subdued on Monday as market participants prepare for the upcoming Fed meeting, which will provide key insights into the short-term policy outlook.
Bitcoin and Ethereum aim for breakouts as Ripple holds at $2
Bitcoin, Ethereum, and Ripple record a minor recovery on Monday, starting the week on a positive note. The retail demand for major cryptocurrencies remains strong despite outflows from Bitcoin and Ethereum Exchange Traded Funds.
The Silver disconnection is real
Silver just hit a new all-time high. Neither did gold, nor mining stocks. They all reversed on an intraday basis, but silver’s move to new highs makes it still bullish overall, while the almost complete reversals in gold and miners make the latter technically bearish.
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