Online FX Trading: Everything You Should Know Before Trading
If you are considering online FX trading, you likely want additional income or financial freedom. But you are also afraid of losing money quickly. So many novice forex traders go in with a sense of excitement, only to find out how volatile currency prices are. They try to copy signals. Moreover, they take emotional trades. Also, […]
Gold Prices Come Down From Record Highs Because of the Christmas Holiday
Gold prices edged lower on Tuesday as traders booked profits amid low holiday trading volume. Most major markets closed for Christmas on the 25th, so there was little action. After touching a new record of nearly $4,526, gold dropped back to about $4,470. Still, it’s up almost 3% this week. The trend’s strong—just a little pause […]
USD/CAD Holds Near Five-Month Lows as BoC–Fed Policy Gap Lifts Loonie
Forex markets were closed on December 25, and the USD/CAD ratio hardly changed from its five-month low on December 24. Markets were quiet due to holiday trading, and by December 25, when most major exchanges were closed, the pair was at its lowest level since late July, hovering around 1.3675. Due to differing interest rate […]