Forex

Babypips review (2021) – A great starting point for Forex traders

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It’s no secret that trading can be hard to understand. With trading terms that you’re unsure of, whether to go straight to trading forex (currencies), futures, or stocks along with throwing in the factor that any wrong choices could cost you money is enough to make any beginner trader rethink their decision. A good place …

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The Australian Dollar (AUD) for Traders – Overview and Background

The Australian dollar is the monetary currency in Australia issued by the Reserve Bank of Australia (RBA). In addition, the Australian dollar is also used as the official currency in several other places, namely, the island states of Kiribati, Nauru and Tuvalu. On the current ranking list of the globally most-traded currencies, the Australian dollar …

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Currency crosses in forex trading explained (2020)

Many forex traders limit their trading activities to major currency pairs such as EUR/USD or GBP/USD, or also trade with other “majors” like USD/CHF, USD/JPY, AUD/USD, USD/CAD, and NZD/USD. But over and beyond this, there are also the so-called cross currency pairs or currency crosses, as they are occasionally referred to.  Also known as crosses …

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What is Forex? A Comprehensive Overview for Beginners (2020)

What is Forex?

History of the Forex Market Traders love the forex or foreign exchange market for its great range of opportunities. Forex trading calls for sound previous knowledge and experience, though, as it is principally subject to a commensurate risk. But before going into the details of how forex trading works and its peculiarities, a short review …

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