Tag: forex

Burundi’s Central Bank Bans Foreign Exchange Bureaus

Burundi´s central bank has terminated the licenses of all foreign exchange bureaus within the country. The bank claims this was to bring an end to those who were flouting the

1.2 Trillion Yuan to Fight Market Panic

The yuan has been under increasing pressure ever since the outbreak of the coronavirus. On Monday the selling pressure of the currency was exacerbated by a prolonged holiday. Investors seem

Forex Trading: The Pitfalls

Unscrupulous brokers, market introducers and forex platforms will often market their products to potential traders as a quick way to make a great deal of money. For those looking at

Active Vs Passive Trading In Forex

If you want to trade forex, part of you may be stoked at the prospect of entering into the dynamic world of active trading. Buying and selling currency pairs quick

How to fit Forex into your busy schedule

It’s not uncommon for those new to Forex to be juggling multiple commitments at the same time. Whether it’s a full-time job, family commitments or one of the other million

What is a Candlestick chart and how can you use it?

As you become more and more experienced with using Forex you are likely to begin seeing patterns within trades that are good indicators of whether to buy or sell. These

What is scalping and what are the pros and cons?

If you are new to Forex trading you will probably have come across the term ‘scalping’. Depending on who you’re talking to, opinions on scalping tend to vary widely. It

Forex Trading – Day 1

So you’ve decided to take the plunge into Forex trading. You may be sitting in front of the computer wondering what on earth should you be doing on your first

Fiat Money and Foreign Exchange

Foreign exchange trading involves profiting from fluctuations in the exchange rates between the currencies of different countries; but what causes the currencies to fluctuate against one another, and what gives

Ponzi Schemes and Forex: How not to Get Caught Out

The world of forex trading isn’t immune to those running ‘get rich quick’ schemes. Some of these types of scheme are known as Ponzi schemes after Charles Ponzi, an Italian-American