Why a Rate Hike Can Weaken a Currency

Three steps for reading a monetary-policy announcement: compare the prior expectation, today’s decision and changes in the future policy path; then compare both currencies and check the market response.

Learn why a currency can fall after a rate increase, how expectations and forward guidance matter, and how to review both sides of a currency pair.

Common Traits of Successful Traders

  Common Traits of Successful Traders When people think of FX trading, they often imagine “overnight riches.” But in reality, the traders who survive long-term and steadily grow their profits share several clear traits. Let’s break down what makes them successful. 1. They Have Clear Trading Rules Successful traders never trade “on a hunch.” They […]