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What you will learn: Lot definition Different Lot sizes explained USD and EUR practical illustrations The correlation between margin and leverage Understanding the intrigues in Margin Call calculation What is a Lot Size in Forex? In Forex trading, a standard Lot refers to a standard size of a specific financial instrument. It is one of […]
Gold prices fell, on Wednesday, as pressure from strong monetary policy concerns and rising bond yields outweighed the relief from the dollar’s decline. This comes with the anticipation of central banks’ moves to counter inflation, which has hit record levels in many major economies. Gold Prices Today The price of gold futures contracts -December delivery- […]
US Retail Sales Up Next US data is back in the spotlight today as traders ready themselves for the latest set of retail sales data. On the back of the sharp drop we’ve seen in CPI and PPI data, USD has been trending lower across the week as traders scale back their rate forecasts for […]
ETH Edging Higher The rally in crypto assets is turning into one of the hottest stories in markets as we kick off Q2. Following the heavy liquidations which took place last year and a tricky start to the year around plenty of negative news flow, crypto is seeing a surge in demand currently. Along with […]
The BTC on Friday rose to 30,876 USD. The weekly growth already amounts to 10.7%. Good that the leading cryptocurrency has passed the interim resistance level at 30,500 USD and now aims at 31,150 USD. A successful attack on this level and securing above it should let the BTC reach the range of 34,000-35,000 USD. […]
EURUSD on Friday remains strong. The current quote is 1.1070. What happened that the USD slipped to its 12-month lows? In fact, there was nothing unusual. The macroeconomic statistics published yesterday confirmed a decline in inflation and gave the market a new argument supporting the upcoming end of the tight credit and monetary policy of […]