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Forty 40 Grand

Forex News

U.S. job growth in September likely cooled from a frenzied pace earlier this year, but hiring probably remained solid despite growing headwinds from higher interest rates and scorching-hot inflation. Both benchmarks were headed for weekly gains, fueled by the production cut announcement by OPEC+. The...

Traders can also use trading strategies based on technical analysis, such as breakout and moving average, to fine-tune their approach to trading. The foreign exchange market is considered more opaque than other financial markets. Currencies are traded in OTC markets, where disclosures are not mandatory....

Account offerings of FX brokers vary depending on initial payment methods for deposit and withdrawal, commissions/spreads, leverage, and margin. Although there are many currency pairs available, starting out with one or a few pairs at a time can make trading easier. This allows traders to...