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Cuba reopens foreign exchange sales after two years

On August 23, the Cuban government announced on the 22nd that it will provide services for the exchange of foreign currencies such as U.S....

HSBC: GBP/USD may continue to fall

GBP/USD fell to around 1.17. HSBC economists expect the pair to continue falling. Changes in risk appetite, two-year rate expectations and commodity prices mostly...

The dollar index DXY rose 14 points in the short term

The U.S. dollar index DXY rose 14 points in the short term and is now at 109.14. Reminder: For more information about forex trading, forex...

What is the reason for the foreign exchange market

The foreign exchange market refers to a trading place for foreign exchange trading , or a place where various currencies are exchanged with each...

What is Direct Exchange Control

Direct foreign exchange control refers to the direct and mandatory control of all foreign exchange transactions by the central bank or other financial and...

What are call options and put options

Call option is the term for option foreign exchange buying and selling . A buyer buys the right to buy one foreign exchange at...

How to grasp the correct entry time when speculating in foreign exchange?

The best entry time: 9:00-11:00: One hour after the opening of the Japanese market, the market becomes clearer and more suitable for trading. 13:00-15:00: After the...

How to use the spread to speculate on foreign exchange?

Assumptions : 5.5% for one-year sterling deposits and 5% for US dollar deposits over the same period , the spread between them is 0.5%....

How to set the moving average system when speculating in foreign exchange?

The short-term moving average system is divided into 3 antennas, 5 antennas, and 6 antennas. 3 antennas are ultra-short lines; 5 antennas are standard short...

How to judge whether to sell or buy when speculating in foreign exchange?

Method 1: Look for important near-term resistance or support bands When we judge a good direction, such as buying up. At this time, we can...

Why does Forex trading fail?

Failure to formulate a detailed trading plan before the transaction is executed: There is no careful and detailed action plan before the transaction, and...

How should a novice speculator look at the market?

The process of speculating in foreign exchange is an occasion and opportunity to summarize and apply the knowledge you have read. So, how should...

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