Check out the latest breaking news from the dynamic world of forex trading. Maintain your edge with up-to-the-minute coverage of the latest regulatory changes, industry conferences, broker developments and more.
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The crisis revolving around the Russian ruble and the rout in oil prices is sending shockwaves throughout the financial marketplace. Investors are looking for a way to cover their bonds as yields on British, German and Japan sovereign debt hit record lows and long-dated U.S. and Australian yields reached their lowest since 2012.
Currency trading is no longer something done at the bank. The advance of modern technology has made it possible (and profitable) to trade from your desktop, from the web, and even from mobile devices. But with these opportunities comes the need to stay on top of the markets, even when you're away from your desk. The DailyForex Android app has been helping traders do just that.0
The Chinese yuan has not caught on very strongly in currency markets until now and the People's Bank of China (PBoC) has been looking into ways to attract Forex traders to these markets. Lowering the current high margin requirements is one incentive that could bring in more clients to Forex companies and FXPro is one of the first Forex brokers to take this initiative.
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You were an analyst at Admiral and at Platinum Investment for many years. What made you move over to currency trading?
Making money in the Forex market is rewarding, but not an easy thing to do, as many know. The select few who really can make it for the long run often find themselves doing some extra work in the field such as coaching, writing educational articles, selling signals, EA's and much on top of their actual trading to make the extra buck. If you consider yourself an expert trader who knows his craft and is comfortable with his strategies, reading this article may prove to be rewarding
Tell us a bit about your background.I grew up in leafy Hertfordshire, on the outskirts of London, in a town called Borehamwood, made famous for its film studios. I remember being a bit of an entrepreneur from a very early age, supplementing a paper round with a paid-for photocopying service to classmates by using a photocopier at my father's office which of course was free.
Forex Time (FXTM) is quite familiar with how to market its Forex products and services. The Forex broker has been offering unique marketing campaigns since it opened its doors to the public in 2012. Its innovative promotions provide account holders with opportunities to make extra cash in a variety of different ways. Their latest contest, Forex Factor, involves using a demo account where traders can compete against other Forex traders from around the world for the chance to win up to $3,000 in a live trading account.
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