Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | Why the U.S. dollar ended the week as a big loser | USD had rising positive risk sentiment to thank for its terrible performance this past week. Here's Pip Diddy with a list of factors that likely contributed to that. | | | | | Trading term of the day: Risk appetite | Risk appetite is a gauge of how "risk hungry" traders are. If risk sentiment is up and times are good, risk appetite grows and traders are more willing to buy potentially more volatile assets. | | | | | If USD had a bad week, JPY had it much worse | JPY came in as the biggest loser as risk sentiment swung positive, likely due to traders pricing in high hopes of more stimulus coming to help the global recovery. | | | | | Here's what happened to the Canadian dollar | CAD was the top major this week, benefitting from a broadly risk-on vibe and rising oil prices, while ignoring mostly disappointing economic updates from Canada. | | | | | "What's wrong with copy trading?" | Forum member danforex333 writes, "Isn’t copy trading the best choice when you want a high income/hour?" Read through what other traders have written in response to his question. 👇 | | | | | | | | | |
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