A dealing desk broker is a market maker. Market makers typically offer fixed spreads and may elect to quote above or below actaul market prices at any time. Market makers are always the counterparty of the trader, who does not trade directly with the...
The economic turmoil asociated with the virus sitution has had a severe and far reaching impact on financial markets, including markets for stocks, currencies and commodities. These are difinitely challenging times, we need to adapt, but still, being...
The currency index represents the evolution of a currency relative to the entire forex. The index is the average of one currency compared to others. the chart representation makes it easy to view trends by currency.
Decimalisation is the process of transitioning from a fractional system of measurement into one that the financial world, decimalisation can be applied to currencies and security pricing, with fractions being replaced by subunits of 100. The dollar...
The charts are usually sorted according to their importance to the current trend of the currency being traded. The patterns that indicate the upcoming end of the trend are known as reversal patterns. In contrast, the patterns on the charts that...
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