rising. A high inflation rate can erode the purchasing power of a currency, leading to a decline in its value. Conversely, a low inflation rate can boost a currency's value. Unemployment rate is also...
to make well-informed trading decisions. Fundamental analysis plays a crucial role in forex trading, alongside technical analysis. While technical analysis focuses on the study of past price movements...
rates, such as economic data, political events, and market sentiment. Traders use various analysis techniques and trading strategies to make informed decisions about when to buy or sell currencies. F...
monitor and evaluate your trades: Regularly reviewing your trades and analyzing your performance can help you identify strengths and weaknesses in your trading strategy and make adjustments as needed....
and competitive pricing. They offer a wide range of trading instruments, including forex, stocks, indices, and commodities. IG also provides excellent customer service and has a strong reputation in t...
2024-08-30 10:16:40