Currency Fluctuations

What can affect currency fluctuation?1. Expectation of data release as well as the release itself. Data can be understood as a publication of countries economic indicators, where the traded currency is national, news about interest rate changes, economic reviews and other important events influencing the currency market.Pre-event period and the event itself can strongly affect currency fluctuation. Sometimes it is hard to define what causes more effect – waiting of the event or its coming, but serious occurrences always cause significant and often...

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what is futures

Futures is a contract concluded for delivery of a certain commodity in future at a fixed price. A futures contract buyer assumes responsibility to buy a commodity within a particular timeframe. A futures contract seller takes obligation to sell the commodity within the specified time limits. Both obligations are related to a standard quantity of a certain commodity, they will be implemented at a certain time in future at a price fixed during the trade execution. That is to say, this operation must be implemented till the date set in advance -...

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Buy Usd/Cad

Buy Usd/Cad - 0.9895 Stop Loss - 0.9800 Take profit - 35 pips, 70 pips Trade on Ur ri...

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Investors remained cautious ahead of the start of voting in the U.S. presidential elections

 Gold futures were higher during U.S. morning hours on Tuesday, as voters in the U.S. went to the polls to decide on the winner of a closely fought Presidential election.Gold Touched 1720.42 Gold futures were likely to find support at USD1,646.45 a troy ounce, the low from August 31 and resistance at USD1,727.25, the high from October 31.Investors remained cautious ahead of the start of voting in the U.S. presidential elections, with opinion polls pointing to a tight race between incumbent President Barack Obama and Republican contender...

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Why buy gold

Many professional and retail investors view investments in gold as a hedge against risks in the financial system. Two major recessions have occurred in just the last decade: first, the bursting of the new economy bubble and later the mortgage scandal followed by a global financial and later an economic crisis. The still ongoing financial and economic crisis and the government responses have led to a strong increase in government debt in most developed countries like the US and the UK. For that reason, the economic and financial crisis has over...

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