How to keep up with the latest news in the world of forex

The foreign exchange market is as big now as it ever has been. The influx of new traders thanks to the digital transformation that the sector has seen has kept it as the biggest financial market around. Even the London Stock Exchange with its $4.5tn market cap cannot compete! The sheer range of currencies to trade, high liquidity and potentially big returns all make it one of the best options to consider as a trader.

If you are trading in this market, then you will be well aware of one thing that makes a big difference to how it moves: news.

News moves price

In very simple terms, this is all you need to know! Currency pairs will either go up or down in price over time – you make money if you have opened a trade in the right direction. What moves prices? The major factor is breaking news and official releases from governments as to the state of their economies.[Continue Reading…]

Options to consider when getting into trading

Trading has been a popular investment choice ever since the concept of the stock market first appeared back in the twentieth century. But there’s so much more to trading than simply stocks and shares. Developments in communications and regulatory frameworks, plus the increased demand for trading services, have boosted the variety of instruments on offer. This article will explore some of the main options you have open to you if you’re thinking about becoming a trader.

Traditional: stocks and shares

Profiting from the rises and falls of the stock market has long since been something traders have done. It’s possible to buy stocks in individual companies, but this concentrates all of your risk in to one centralised location. Instead, most people choose to invest in tracker funds which cover the whole of a designated stock market. That way, you can still get the benefit of a stock market investment while also diversifying your risk.[Continue Reading…]

4 Financial Commitments That Could Put You Into Debt

Life is filled with various financial commitments. While some of them are an inevitable part of life, others are voluntary commitments. It is crucial that before going into a financial commitment, you think about it carefully and weigh out your … [Continue reading]

How to Finance Your First Car

Your first car is always going to be a big deal. Not only is it one of the first big financial investments you will make in your life, it is also a huge emotional investment. This car is what will take you to work, to fun days out, back home, and to … [Continue reading]

How health and safety is linked to your insurance bill

Businesses in Britain are believed to receive millions of pounds per year in insurance pay-outs – and when you consider everything from covering yourself against accidentally injuring a member of the public to making sure that you can pay legal fees … [Continue reading]

Examining the Effect of the New Health and Safety Guidelines on UK Businesses

In 2016, the Sentencing Council’s guideline for sentencing related to health and safety offences dramatically changed. It has now been in effect for more than two years, so we can definitely see the results and reactions to that law. Let’s take a … [Continue reading]

How contractors can get a handle on their finances

Over three million Brits are believed to work as sole traders, and there are plenty of benefits to doing so. Not only can contractors largely set their own priorities and schedules, but they also have the benefit of experiencing different types of … [Continue reading]

3 Practical Ways to Stay Out of Debt

Debt is a trap that many people often fall into. It sometimes happens as a result of not having the knowledge to properly manage finances, overspending, or sometimes as a result of a series of unforeseen events. However, getting out of debt can be an … [Continue reading]

How to gain knowledge in the world of trading

Many people make the mistake of thinking that investing in the stock market or forex market is simple. Buoyed by claims that they have heard or seen online, they dive right in and start to spend their expected profits. This is the exact opposite of … [Continue reading]