Impact of COVID-19 ( Corona Virus) on the Global Economy
The reported cases of coronavirus that causes the new diseases COVID -19 first appeared in China at the end of last year, and it has the potential to trigger a worldwide recession. It has spread regrettably building up economic uncertainties as investors are recording...
Coronavirus’ Best and Worst Scenarios for the Market
The coronavirus has brought some of the worst price movements that financial markets have not seen in an extended period. The virus initially started in China and is quickly mutating and spreading among humans all over the world. Many sectors have faced disruptions...
Does Gold Remain a Safe-Haven in 2020?
When it comes to funding forex markets, safe havens are regarded as investments that are anticipated to increase or retain their value, even when the markets begin to experience turbulence. The reason why investors opt for safe havens is to assist them to limit the...
Why GDP is Still Important
You might have heard economists and policy experts discuss the size of the economy. Most of the time, they are talking about the important indicator of economic growth; Gross Domestic Product. So, why should you care about GDP? First, GDP is a mainstream measurement...
Correlation of Oil and forex
Correlation of Oil and Forex Oil and the forex market are closely tied together in an invisible string. Whenever one avenue is affected by changing prices, the opposing side gets to experience the effects of the price changes. It’s a connection that continues to exist...
Inflation Forecasting Method
Inflation is a crucial determinant where forex exchange rates are concerned. But what is more important is being in a position where you can forecast the rate at which the prices will change. You also have to take into account the fact that the exchange market happens...
What’s Special Drawing Rights (SDR) And Why Is It Important
SDR or Special Drawing Rights refers to a reserve system that was established by the International Monetary Fund (IMF) in 1969. It’s a system that can correctly be termed as its currency, even though it happens to be more of a measurement unit. The IMF relies on this...
Why Ex military are good traders?
The trading floors are seeing a mass incursion of ex-military men and women. This is due to new hiring schemes that are picking soldiers right from the frontlines. Let us be honest, you could be a guy in the city with millions in the account. However, at the end of...
AI and Trading – Blackrocks Aladin system as an example
How the Aladdin System came to Influence the Value of the World's Financial Asset Aladdin is a Blackrock's electronic system used by investment managers who seek to connect information, people, and technology to manage money in real-time. It operates by combining...
Using ‘alternative’ data in Trading
Alternative data that can be described as data sourced from outside including the web, consumers or the satellite play a vital role in decision making for forex traders. A good example is how Geopolitical friction moves the Forex markets as the traders stay alert....
How social media is impacting trading
We all have felt the power of social media growing to tremendous heights for the last 10 years and still counting. Platforms such as Facebook and Twitter were initially used as places where people connect with one another. As time went by, they became places where...
How to Stop Overthinking and overreacting in trading
Traders are often overwhelmed by emotions, which can lead to overthinking. In forex trading, you may think constantly about your losing forex funding, which can hamper your real life and affect your forex career. Funding for traders also contributes to overthinking;...