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Monthly Archives: May 2023

Leverage adjustment for USDTRY and EURTRY

Written on May 4, 2023 at 8:49 am, by

In consideration of the upcoming Turkish election, the following adjustments will be made for TRY crosses from 8 May 2023 until further notice:

ECB not pausing unlike the data dependent Fed

Written on May 4, 2023 at 8:25 am, by

Headlines * Asian stocks nervous as dollar falls after Fed hike and possible pause * US regional banks sink as PacWest weighs strategic options * ECB to raise rates for a seventh time in inflation fight * Gold goes bid and breaks out of recent trading range FX: USD is falling for a third day […]

Will the Fed signal a pause after a 25bp hike?

Written on May 4, 2023 at 8:24 am, by

Headlines * FOMC set to hike rates to 16-year high and debate a pause * Dollar in defensive mood after job vacancy data * Gold hovers above $2,000 ahead of Fed rate verdict * Asian stocks drop on bank woes as Wall Street rattled by selloff FX: USD eventually fell against most of its peers. […]

Indices Dividends for Period of 4 May to 11 May 2023

Written on May 4, 2023 at 7:55 am, by

Here are the dividend payouts for the following indices for the period of 4 May to 11 May 2023:

3 Surprising Similarities Between Star Wars And Forex Trading

Written on May 2, 2023 at 11:27 am, by

Yes, you read that right! Gather up younglings, as we are about to show you 3 similarities between the space opera saga and the forex trader.  

The Basics of Price Action & Indicators

Written on May 2, 2023 at 11:27 am, by

Technical and fundamental analysis are the two primary forms of analysis used in trading. Technical analysis can be further classified into two categories, namely price action and technical indicators. In this article, we will explore both types of technical analysis, discuss the similarities and differences between the two, and lastly their feasibility. What is Price […]