Understanding Forex Spreads: Definition, Types, and Calculation
Understanding Forex Spreads: Definition, Types, and Calculation In forex trading, understanding spreads is essential for maximizing profitability. This guide explores what forex spreads are, how they function, and how to calculate and monitor them effectively. What is a Spread in Forex? In forex, the spread is the difference between the ask price and the bid price of a currency pair. Spread size depends on factors such as market volatility and the currency pairs being traded. […]
WTI Slips to Near $68.00 on Disappointment Over Chinese Stimulus, Stronger US Dollar
WTI Slips to Near $68.00 on Disappointment Over Chinese Stimulus, Stronger US Dollar West Texas Intermediate (WTI), the US crude oil benchmark, trades around $68.00 on Tuesday as it faces downward pressure from concerns about trade tensions and weak demand growth in China. Fears are mounting that the Trump administration’s plans for new tariffs could reignite a trade war, potentially hindering China’s economic recovery and slowing crude oil demand. Donald Trump’s election victory and his […]
Japanese Yen Continues Consolidation Against USD Amid Mixed Signals
Japanese Yen Continues Consolidation Against USD Amid Mixed Signals The Japanese Yen (JPY) remains directionless, fluctuating between small gains and losses against the US Dollar (USD) as the European session begins on Tuesday. Investors appear increasingly skeptical about the Bank of Japan’s (BoJ) capacity for further monetary tightening, given Japan’s current political landscape. The October BoJ Summary of Opinions reflected policymakers’ mixed views on additional rate hikes, adding to the uncertainty. In contrast, expectations of […]
USD/CHF Gains Above 0.8800 as Investors Await US CPI Data
USD/CHF Gains Above 0.8800 as Investors Await US CPI Data The USD/CHF pair sees some buying interest around 0.8810 in early European trading on Tuesday, supported by a stronger US Dollar (USD). Key Federal Reserve officials—Christopher Waller, Thomas Barkin, Neel Kashkari, and Patrick Harker—are scheduled to speak later in the day. Investors also look ahead to Wednesday’s release of the US Consumer Price Index (CPI) and Producer Price Index (PPI), which are expected to influence […]