The Euro Zone The Euro is the world’s second reserve currency behind the U.S. dollar and the second most popular currency in the Forex market. The Euro is the second most popular currency in the world behind the U.S. dollar. In international payments, EUR continues to...
Why is correlation important? This week I thought I’d try and explain the correlation between the various forex trading pairs. There are loads of pairs in ‘interesting’ areas and it’s important to remember to manage and understand the risk you...
Leading and lagging indicators in forex This week I thought I’d look at news releases in a bit more detail. There are two general categories of indicators, lagging and leading. Leading and lagging indicators in forex trading refer to economic indicators...
What is the impact of expensive oil? This week I wanted to look at oil again….what does expensive oil prices mean and what impact does it have on trading markets across various sectors and asset classes. Inflation Concerns: High oil prices can contribute...
Overview of the UK economy Excellent article written by one of my private students, Zoe Read: One of the tasks I set for my private students is to write a brief report about each of the major currencies’ economies. When trading the GBP/USD for example we are...