Unlike traditional stocks, which typically trade on centralised marketplaces, foreign exchange trading happens electronically over decentralised networks that span the globe. Although the underlying mechanisms and technologies are different, there are clear parallels between the decentralised and …
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There are many different types of investments that people make these days, and one popular one is Forex. Trading in the Forex markets can prove to be very lucrative as long as you know what you are doing and have an effective technique in place. If you are new to trading, this can obviously be quite …
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GBPUSD has been neutral since last week following a rise from near the 1.3000 level to a high of 1.3549 hit on December 1. The market is consolidating these recent gains and price action remains above the previous two months' range. The 50 and 200- day moving averages are positively aligned.
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Dealers at Citi noted interbank volumes in the forex market had been 35 percent below average overnight and another thin session was in prospect for Tuesday. There was a little more action in bitcoin, which was last up 1 percent on the day at $16,598 on the Bitstamp exchange while its newly minted …
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