Traders who bought the US dollar against the Mexican peso would have made a profit last week. The USDMXN rose after Donald Trump congratulated Mexico’s new president, Andres Manuel Lopez Obrador,…
Category: Forex News
The well-oiled currency: yuan trading into 2019
The clamor that has surrounded China’s recent government policy of restricting overseas business even further and making it harder for many firms to do business in the People’s Republic is on…
The biggest Brexit move of the year
The leaders of the European Union’s 27 member states on Sunday approved the agreement on the UK’s exit, European Council (EC) President Donald Tusk announced via his Twitter profile. The EU leaders also…
Trump's twitterbombs: sinking ships
On this week’s roundup of Donald Trump’s tweets, we look at an important tweet that preceded a market reversal effect on USDRUB. This switch in the direction provided a great opportunity…
Trading the fear factor
Most of the misfortunes we worry about never materialize. In fact, 85% of peoples’ fears never happen, according to psychologist Dr. Robert Leahy. The knowledge that most worries never happen can…
Bull vs. Bear: which is the best forex pair to trade?
Before you start making real trades, it is important to know what you’re getting into. Trading forex has the potential to be exciting, entertaining, and even a profitable way to spend…
Forex trading tutorial: The Ichimoku Trader
When it comes to indicators, one such tool is fast becoming a go-to favourite for Exness traders and it’s called the Ichimoku cloud. It gives resistance indications, support levels, trend forecasting,…
Forex trading strategies: trend trading
Among the many types of trading strategies that exist, including things like counter-trend, channel, breakout, and scalping strategies, trend-following trading remains one of the most popular among private independent traders –…
Trump's twitterbombs: OPEC Pushes Forex USDCAD
On this week’s roundup of Donald Trump’s tweets, we look at a very important tweet that has a major impact on the oil markets and consequently the USDCAD. For the past…
Europe in turmoil: the future of the Euro
Where’s a safe place to put your hard-earned money? The question so many people are asking these days. With Trump at the helm of the dollar, Brexit looming, and Europe fracturing,…