Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | | | | | AUD took the crown this week | | Despite net negative updates from Australia, the Aussie still had a stellar week. Shifting RBA rate cut calls and broad risk-on sentiment were likely the main drivers for its outperformance. | | | | | | | | A look at how the major pairs ended the week | It looks like Cable took the top spot this week with AUD/USD ending up in the bottom spot. Take a closer look at what the market data says using MarketMilk:
 | | | | | | | | The yen was a net loser this week | | This was likely due to a combo of net negative updates from Japan and broad risk sentiment leaning generally positive all week. Here's Pip Diddy with his recap. | | | | | | | | 4 common reasons why forex traders fail | Number 1: They don't listen to the market. Remember, it is still the market that will dictate price action so traders who regularly disregard what the market is telling them often end up failing. | | | | | | | | Here's what happened to the Kiwi this week | It was a mixed but net positive week for the Kiwi dollar, likely due to a generally positive lean in risk sentiment and on counter currency flows. Here's a quick recap of events! | | | | | | | | "What's taxable and what isn't in forex trading?" | Forum member onewaire writes, "I’m a bit concerned about taxes on income from trading - are they taxable just the same as a normal job?" Here are some of the answers from other traders. | | | | | | | | | | | | | |
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