How to Start Trading Forex — Part 2/3

In part 2 of the series, learn how Forex is measured, what a currency pair is, and how risk-to-reward ratios help traders set profit targets and stop losses to minimize risk. When you think about the price of anything, it is pretty easy to grasp because there is a single price. For example, when trading oil, the price quote is the price per barrel of oil. When trading gold, the price […]

Stock Trkr
The most popular shares in October

The table shows the FTSE 100 and FTSE 250 shares (excluding investment trusts) with the highest number of net buys (buys minus sells) among HL …

Stock Trkr
Weak Greenback Bolsters Euro

Today, the US dollar continues trading with bearish bias. The currency lacks momentum as investors are waiting for the bill on Trump’s tax reform to be approved. Furthermore, today Donald Trump is due to announce his decision on the new Fed Chairperson. It is widely expected that the president will decide in favor of Jerome Powell, who is dovish on monetary policy. This is the main factor that puts the US […]

Stock Trkr
Best and worst shares on Super Thursday

Another big downward movement came from Randgold Resources (RRS), whose shares fell 7% to below 7,000p in the FTSE 100 after a 9% drop in …

Stock Trkr
What to Expect from BOE?

During the European session today, traders are focusing on the British pound. Market participants expect the outcome of the Bank of England meeting initiated to determine the course of monetary policy. Everyone is waiting for the Bank of England to raise the rate today. These expectations are based on high inflation and low unemployment. Nevertheless, the ECB has extended the quantitative easing program, which could be a serious obstacle for the Bank of England amid the consequences of Brexit. If […]

Stock Trkr
Cable Crumbles as the BoE Hikes: NFP is on Deck

The Bank of England hiked rates for the first time in over ten years, and the GBP/USD put in an aggressive sell-off down to a huge zone of support. Non-Farm Payrolls is on the docket for tomorrow.

Stock Trkr
Daily Forex News and Analysis — November 2nd 2017

US stocks traded mixed on Wednesday as gains in Oil & Gas, Basic Materials, and Financials were offset by losses in Utilities, Telecoms, and Industrials. The Dow Jones rose by 0.25%, the S&P 500 by 0.16%, and the NASDAQ lost 0.17% from its value. The US dollar traded higher against the other major currencies as optimism rose ahead of possible Fed announcement on fiscal and monetary policy following the release of strong economic data. However, the ISM […]

Stock Trkr
Starbucks Stock Stuck in Trading Range

Three months ago, Starbucks stock gapped lower following earnings, making today’s report important for the holiday season.

Stock Trkr
How the rate-setters voted

Five policymakers changed their view from the last interest rate meeting and voted to raise rates.

Stock Trkr
FTSE 100 steady ahead of BoE decision

European equity markets are a mixed bag this morning, and the FTSE 100 is a touch higher as traders await the Bank of England (BoE) interest rate …

Stock Trkr