October 2, 2020

FOREX TRADING- Dollar extreme lower as U.S.-China trade optimism take up Australia

The increased risk appetite contributed to the rise of the Australian dollar after US government officials said trade talks between China and the United States would continue Wednesday for an unannounced third day.

The Australian dollar rose 0.2% to $ 0.7152, after peaking at $ 0.7172 in three weeks early in optimism talks over the Sino-US talks.

The Australian dollar is often seen as an indirect indicator of Chinese growth, as its economy relies on exports and China is the country’s main destination for its commodities.

Save time and money both- FIX API MT4 2019

“The sharp slowdown in Chinese growth and the fact that the US stock market has been caught up by the weakness of the stock markets observed elsewhere (…) somehow encourage the conclusion of a negotiated agreement in the coming months”, said Jason Wong, Senior Market Strategist at BNZ Markets in Wellington”

The recovery of risk assets has accelerated since last Friday when Federal Reserve Chairman Jerome Powell realized the risks to the economy and would be patient and flexible in political decisions this year.


  • The dollar index, which measures the greenback versus a basket of six peers, fell 0.1% to 95.787 early in the session.
  • The index, which had risen 0.2% in the previous session, was near the lowest level in 11 weeks, 95.638 reached earlier this week.

Against the yen, the dollar remained virtually unchanged at 108.73 yen per dollar.

“Until the beginning of the year, the market had become too pessimistic about the global economy, but it seems that this kind of pessimism is fading away,” said Masafumi Yamamoto, chief strategist of the monetary policy at Mizuho Securities.

“The recovery of the market climate will continue. In this context, I think the dollar/yen will gradually strengthen and reach 110. “

Elsewhere, the euro rose 0.2% to the US $ 1,1457, but its rebound was not large enough to recover a slightly more pronounced loss in the previous session due to concerns over the slowdown in the economy. the economy of the euro area.

An unexpected fall in German industrial production for the third consecutive month weighed on the euro overnight. The decline was modest, but it highlighted concerns about the slowdown and cautiousness of the European Central Bank as it tried to divert the region from economic recovery.

“I think there will be another drama. Uncertainty dominates the pound again. It will face downward pressure and the euro will also suffer, “said Yamamoto of Mizuho.

The UK Parliament is expected to vote on Prime Minister Theresa May’s January 15 deal on Brexit, and the upcoming approach is expected to dominate the sterling trade. May is ready to lose the vote unless she can convince opponents inside and outside her party to support her project. (Edited by TopAsiaFX)

Forex Trading
September 24, 2020

Stockpair trading platform – Pair options

We took a look at this most popular of pair options trading platforms by opening an account and trying out the Stockpair platform for ourselves. We were pleasantly surprised by the experience. The Stockpair trading platform offers a unique take on binary options trading and is a very welcome addition to the lineup.

Binary stock pair options are simple trading instruments that allow you to make trades based only on the relative performance of two assets. For example: Which will do better over the next day, Gold or Silver? It makes no difference whether the market is going up, down or sideways. All that matters for a trade on the Stockpair platform is which one of the pair is gaining more? Or losing more? It’s all about the relative performance of the paired underlying assets. A great example from current events is the NASDAQ versus Apple. Apple is listed on the NASDAQ but for many months now has fairly consistently outperformed its parent index. And this has held true in both up and down market conditions. With Apple gaining 2% when the NASDAQ gains 1%. Or Apple losing only 0.2% when the NASDAQ shed a full 1%. Indeed, Apple has been an outstanding money maker for many using the Stockpair platform for awhile now.

Many people find that the Stockpair platform is easier to get the hang of and therefore more profitable for them than regular binary options. Most of those have reported that they found the transition from plain vanilla stock trading to the Stockpair trading platform quite natural and intuitive. One of the biggest advantages of the Stockpair platform is the amazing ability to precisely structure your own risk/reward ratios while also controlling overall risk with pinpoint accuracy. We were amazed at the complex strategies and risk control procedures our trader was able to construct employing multiple stock pair options trade at once. The Stockpair trading platform is great because it can cater to people from total beginners to expert professional traders. Regular binary options simply do not offer the kind of flexibility that the Stockpair platform can offer.

Stockpair trading
September 14, 2020

Markets Lower as Fitch Comments Cause Concerns; S&P 500 Support Seen at 1226

Risk sentiment is dropping, starting with the Asian session after Fitch comments suggesting that the sovereign debt crisis is likely to spread to more countries and that it has the potential to lead to credit downgrades for banks in the United States. The only positive in the statement was the assertion that US banks have reduced their exposure to troubled European assets. Either way, the comments wound up being the driving factor on the day as even the strong Industrial Production number out of the US could do nothing to change price trajectory.

The macro data should be given attention, however, even if markets are not putting most of the focus there in the short term. Inflation in the US came in at an elevated 3.5% for the headline figure but the core figure showed more evidence of price stability. Treasury inflows also beat market expectations but matched our estimates mentioned yesterday, which were based on the recent strength seen in the US Dollar. Today, the macro calendar is much lighter and there are no scheduled monetary policy meetings, so we could see some consolidation of yesterday’s declines (i.e. a decrease in price volatility).

One potential point of activity could come from the Treasury bond auctions that will take place in Europe, so any news flows from this could be paid attention. In Italy, Mario Monti assumed his new position as prime minister (backed by a technocrat cabinet) and markets will be watching his comments closely to gauge his plans to solve Italy’s debt issues and the probability of achieving political majorities in what could be described as a fractured government. Ranges in the EUR/USD have moved down to 1.3420-1.3480 while the USD/JPY remains heavy at 76.90-77.10.

Read the rest of this article at our spread betting site where we are covering daily financial market analysis to help you with your financial investment. We also have discussion on spread bet companies such as ig index, city index and more.

Markets Lower
August 21, 2020

A Beginner’s Guide to Foreign Exchange Trading

Foreign Exchange or Forex, as a concept, sounds something of a big deal that not many would want to take up for perusal. People do not use forex every day in their lives, in their 9 to 5 jobs, and that is why the idea of studying it in great depth might not occur. However, the domain is broad, and one can always start by learning the basics of forex trading if they are interested in it. In this article, we shall cover the basic points about forex trading, which can act as a pathway to the bigger world of trading out there. Therefore, without any further ado, let us move on to learn a few basic things about forex trading and solidify our understanding about it.

A Working Definition:

We shall begin with providing a working definition of foreign exchange trading to lay the grounds first. From the very name of it, we can understand that forex stands for foreign exchange. Foreign exchange is the process of currency trading. Simply put, it is the process of buying or selling one currency in exchange for another. It might not occur to you, but when you travel overseas and exchange the currency of your home country in exchange of the one that is used in the foreign country, you partake in the global foreign exchange market. At any given point in time, you can enter the space of forex trading without much capital at hand. And that is why we must look into the basics to make the job of forex trading easy for you.

Exchange Trading

About Currency Pairs Primer:

In this section of the article, we shall talk about currency pairs and their significance. Forex trading always takes place in pairs, and this means that there are always two currencies involved while trading. This is so that the exchange signifies the value of one currency in relation to the other. There are also specific symbols used to denote the pairs of currencies. For instance, EUR/USD is used to denote the pair of Euro and US Dollar. The final thing that we must understand about foreign exchange is that there is always a market price associated that denotes how much of the second currency is required to purchase the first currency.

A Quick Note on Paper-Trading Accounts:

The final thing that we must touch upon in this article is that of the paper-trading account. This is the process where you fake trade through a paper-trading account to check how much prices move in real-time. There are online portals and mobile apps too that offer such accounts. However, the advantage of these mobile apps is that they do not put your capital at any risk.

Paper-Trading Accounts


These were some basic points about foreign exchange trading that we have covered in the article. There are several other factors that you need to consider when you take up forex trading. However, these points shall be a good start for anyone who is just starting out.

Foreign Exchange Trading
June 12, 2020

Tips that Every Foreign Exchange Trading Beginner Can Make Use of

Foreign exchange trading seems like an elusive concept, especially for the ones who are very new to the discipline. There are several terms and jargons that dominate this sphere, and it is important to understand them to ace the domain. However, for beginners, we have a few tips that they might want to wrap their heads around and make educated decisions about trading. If you are a beginner yourself, this article might be just the right one for you. Therefore, let us look into these tips and see how one can navigate the domain and minimize the risks of running losses.

Have an Understanding of the Market:

The first thing that you must do before you start trading is to gain some knowledge about the forex markets. One cannot understate the importance of understanding the foreign exchange markets, especially for those who want to start trading in this field. There is a lot to explore, learn and add to your trading vocabulary. It is essential that you invest some time in learning all that you can about the market to make better decisions.


Pay Attention to the Forex Market Predictions:

Market predictions are always available on the internet, apps, newspapers and various outlets of media. You need to pay attention to all the forecasts and predictions of the foreign exchange market if you are to make better decisions. These markets showcase trends and potential outcomes, and you must be able to make sense of all these. Ignoring the trends will not land you anywhere, and it is time you start paying attention to them.

Do Not Be Overwhelmed by Emotions:

There is no place for emotions when you want to make it big in the forex market. You need to leave them at the door before entering this volatile space. Losses should not break you, and profits should not get to your head. You must not let your emotions run amok and try to stable while you are trading. Do not opt for ‘revenge trading’. This sort of trading rarely bodes well. Understand that it is okay if you lose. Everyone loses at some point. There is no need to be too harsh on yourself. Sit back, relax and start over.

Forex Market

Finally, Be Aware of Your Limits:

Everyone runs on a budget constraint, and as a beginner, you must too. Always fix up on a budget before you start trading. This will pay you well in the long run. Foreign exchange trading is a bit of a gamble, where you cannot always predict the outcomes appropriately. You must be willing to take some calculated risks. However, there are ways to minimize and calibrate the risks. Set your limits and stop trading when you find that it is becoming difficult too much to handle. Understand your constraints and trade accordingly.

Foreign Exchange
June 12, 2020

Forex versus Stocks- Which is a Better Investment Option?

The most commonly used form of investment is that of cash. It is safe, securely regulated, and the returns are incredibly lucrative. People, who have just got a job and want to invest, usually opt for cash investments given that they are quite easy to understand and involve very little complications. However, it must be noted that cash is not the only way to go about investments. There are several other alternative ways too. These might be volatile and impregnated with risks, but the returns are also significant. One topic that is always up for debate when we speak of investment is that of forex and stocks. People are often confused about what they must invest in or opt for. Some prefer forex trading, while others prefer stocks.

Speaking of which, we have gathered a few facts and points for you to look into if you have found yourself in a dilemma about the same. These points might shed some light on the topic and help you take a step in the right direction.


Points to Consider to Make a Quick Decision:

There is no blueprint to investment. Every person has unique risk tolerance and budget constraints, and it is essential to gauge all these factors before opting for any one choice. There are a few things that you must consider before investing in either forex or stocks.

  • Check and analyze your tolerance for risks.
  • Read into the situation of the market, the trading hours and the volatility.
  • Also, recognize and acknowledge your constraint, as we mentioned before, so that you know which type of investment works the best for you.

When are Stocks a Practical Choice?

Now that we have laid out a few basic points before you about the things that you must consider while investing, let us look into what makes stocks a good option. You might want to avoid investing in stocks if you are not available during the market hours to manage your trades. However, if you have the time, want to buy and hold stocks, and also earn long-term dividends, it is essential that you invest in stocks. It might just pay you really well.

When Must You Invest in Forex?

The second thing to understand is that forex trading is not for everyone. Though it is quite easy to enter the space, navigating the risks might not be everyone’s cup of tea. If you have the tolerance for taking up risks, and have a cushion to absorb the shock of losses, forex trading can pay you well. You need to be extremely patient, and understand the pulse of the market to be able to ace forex trading.


As can be seen from the discussion, it is up to you to choose the asset where you want to invest. There are a number of factors on which you must base your choice. We have discussed them at length in this article, and it must do you well to go through them before making a choice.