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…
Tag: Forex Market
Why to Consider The Everyday Impact of Foreign Currency Exchange Rates?
Surprisingly very few people who deal in foreign exchange currencies take very much time to think about foreign exchange currencies. Or at least, the foreign exchange currency rates they’re paying. This is odd, because often it’s the rate of exchange that can make the difference when it comes to major investments such as property. …
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…
Assessing the Financial Doctrine with Forex Trading
In a large, expansive and ductile market like Forex, concerned traders around the world categorically implement different strategies and charter tools from various quarters. You have dedicated reviews, expert courses and proactive set-ups that cover numerous forex corporations. Every assessment is assessed and rectified by a plethora of proprietary measures. The human editors and trading…
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…
Trying To Improve Your Forex Skills? Read Below!
The foreign exchange market is more important to our daily lives than most people would ever realize. The forex market is used for the trading of foreign currency. This is essential for the economy of many nations. If you would like to trade currency in the forex market, then keep reading this article for tips…
How To Improve Your Forex Trading Strategies? Yee Kok Siong Explains
Forex is by some estimates the largest financial market in the globe, given the sheer amount of dollars and other currencies available. This makes Forex trading both alluring in potential and intimidating in raw magnitude. Before you begin entering the fray, or if you want to improve your current game, read on into this article…
How to Have an Impressive Forex Portfolio? Yee Kok Siong Explains
One of the most frequent advises that is given out to novice forex traders is the advice to begin small in their trading activities. By doing so, you as a new forex trader will not suffer adversely if you make some mistakes along the way. This is because you are also recommended just to trade…
Confronting the Binary Option Trading Dilemma
Binary option trading has the potential to be rewarding. The concept for currency binary option trading is simple: The trader is predicting one of two options when entering a trade; whether that particular currency pairing will be above or below a specific entry point. If the trader is predicting whether a particular currency pairing…
Forex Arbitrage Concept and Its Types
The international currency market Forex – is a global inter-bank market, which provides services to the commission deals with the currency and the implementation of the various foreign exchange transactions. Today, the Forex market is a telecommunications network, which participants are both physical and legal persons. Every day millions of transactions in the currencies of…