If you are an expat sending money home; an aspiring Forex trader; a finance enthusiast who is enamoured by world economics, then you must know the reason(s) why foreign exchange rates fluctuate. Below are some of them discussed by Yee Kok Siong a forex investor: Interest Rates In this context, the rate that…
Category: Forex Market
Predicting Interest Rates and Make Money
There is just one simple reason – you stand to make money on it. Let us say there is a repo rate (the rate at which a country’s central bank lends to other banks) of 7%. If it increases to 7.5%, the currency becomes dearer and if you have already invested in it, you can…
Sentiments in Forex Trading
One notion that is overlooked in forex trading is the mere fact that the market crowd itself moves the market. Whenever the crowd sentiments turn out to be considerably negative or positive, it sends out a signal that the trend is exhausted and is about to move the opposite direction. This is how crowd sentiments…
How to Find The Appropriate Forex Brokers?
Today there are quite many Forex brokers claiming to provide traders with trading services to help them succeed. However, not all of them would perform like what they have claimed to be; of course the thing traders care most is how they can maximize their profits. As a result, choosing their top forex brokers seem…
The Ins and Outs of The Forex Market
You cannot go anywhere without somebody giving you advice about forex. You don’t know if they are telling you good information or just what they might have picked up on, from unknown sources. If you want real information and want to be your own expert on the subject, this article by Yee Kok Siong is…