This article explains the three main categories of currency pairs—majors, minors, and exotics—and how understanding these distinctions helps traders make more informed decisions. A currency pair ...
Foreign exchange trading also known as Forex allows traders to purchase and sell currencies in a global marketplace so they can benefit from price movements. While trading currency pairs, you ...
Liquidity and volume impact trade execution, with low-liquidity pairs carrying higher risks. Choosing the right pair depends ...
There’s no doubt that GBP/JPY are more volatile than many other major currency pairs, and this makes it an interesting prospect for traders looking to capitalise on rapid market movements. If you’re ...
No forex trade is free. Many forex brokers charge commissions for each trade, but there is a silent cost that also impacts your forex profits. Spreads represent an extra expense for each trade. It’s ...