Traditionally, the US Federal Reserve doesn’t often comment on the value of the US currency abroad.
Controlling Forex Drawdowns
If you were to lose 50% of your account on a single trade, going from $10,000 to just $5,000, as a result of an unexpected market move, you would then need to gain 100% just to recoup your initial position. This is known as a drawdown and it can have an insidious effect on your account balance.
Correlation in Forex Trading
In pure terms, correlation is the measured relationship between two units over a series of time. Correlation is measured on a range of -1 (perfect negative correlation) to 1 (perfect positive correlation).
How to Use Leverage Responsibly in your Forex Trading
The Forex market is a unique one. It is unique for many different reasons. It is the biggest market on the globe with anywhere between 3 and 5 trillion dollars traded every day, depending who you ask.
Dollar Ends Mixed Across G-10 Commodity Currencies
The Dollar ended the week mixed across the G-10 with commodity currencies advancing while the remaining G-10 currencies suffered minor losses. Global Equity Markets finished the week in positive territory although Futures are pointing towards a slightly lower open.