Online Trading Academy Team
Online Trading Academy
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Summary
Forex trading is one of the most exciting and liquid asset classes to trade. In this session we break down the benefits and risks of trading forex based on several factors, including: Leverage, Liquidity, Selection, Fees, Trading Times and Volatility.
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Editors’ Picks
AUD/USD risks a deeper drop below 0.6600
AUD/USD quickly eroded Tuesday’s gains and came under renewed and quite strong selling pressure on Wednesday, challenging the 0.6620-0.6630 zone, where the critical 200-day SMA converges.
EUR/USD: Upcoming PMIs could bring some relief
The growing downward pressure pushed EUR/USD to new lows around 1.0760 for the first time since late July. This move was largely driven by the US dollar’s strong performance and the lack of meaningful news from ECB policymakers.
Gold declines to $2,720 corrective decline may continue
Gold price retreats from the all-time-high it set near $2,560 earlier in the day and trades slightly below $2,720. Rising US Treasury bond yields and the unabated US Dollar (USD) strength makes it difficult for XAU/USD to hold its ground midweek.
Ripple co-founder Chris Larsen misses key deadline, XRP slips nearly 3%
Ripple (XRP) trades at $0.5189 on Wednesday, October 23. The key market movers for the native token of the XRPLedger are the Securities & Exchange Commission’s (SEC) lawsuit against Ripple.
BRICS Russia summit begins with false claim the bloc has larger GDP than G7
Russian President Vladimir Putin should check his facts. In a speech at the BRICS Business Forum in Moscow on October 18, the Russian President came up with some interesting fantasy statistics about the size of the association’s GDP.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.