Forex edu.hub

Forex edu.hub Educating the public about the global financial market dynamics. Forex | stocks| cryptocurrency| futures | bonds| news.

Learn how global markets work, how they are interrelated, and how individual companies and sectors can influence their movements.

Common ICT forex trading terminologies.Follow page for more trading tips.
13/04/2025

Common ICT forex trading terminologies.

Follow page for more trading tips.

BREAKING news;- trade war between the United States and the people Republic of China, has taken a new twists as The Unit...
08/04/2025

BREAKING news;- trade war between
the United States and the people Republic of China, has taken a new twists as The United States sets to impose 104% tariffs on China, with enforcement starting at 12:01 AM ET, confirmed by a United States official.

Bitcoin newsJUST IN: hashrate move pass a new ATH 💥💥🔥🔥🚀🚀
06/04/2025

Bitcoin news
JUST IN: hashrate move pass a new ATH 💥💥🔥🔥🚀🚀

News.Nigeria government has sets towards officially regulating cryptocurrency in the country.The news of President Bola ...
06/04/2025

News.

Nigeria government has sets towards officially regulating cryptocurrency in the country.

The news of President Bola Ahmed tinibu signing the investments and securities acts (ISA 2024) has sent an exciting news to the cryptocurrency enthusiasts.

The new developments would not only gives more opportunities to the crypto enthusiasts in the country but will also bring in new investors that will abide with the new rules and regulations enshrined in the ACTs.

This news has also been confirmed by the Africa Bitcoin guru Gaius Chibueze have seen in the pictures below 👇

Minor currency pairs, also known as "crosses," are forex pairs that don't include the US dollar and involve two major cu...
06/04/2025

Minor currency pairs,
also known as "crosses," are forex pairs that don't include the US dollar and involve two major currencies other than the USD. Here's a list of some common minor currency pairs: EUR/GBP, EUR/AUD, GBP/JPY, AUD/JPY, EUR/CAD, and NZD/JPY.
Here's a more detailed breakdown:
Definition:
Minor currency pairs are formed when two major currencies (other than the US dollar) are paired together.

Examples:
EUR/GBP (Euro/British Pound)

EUR/AUD (Euro/Australian Dollar)

GBP/JPY (British Pound/Japanese Yen)

AUD/JPY (Australian Dollar/Japanese Yen)

EUR/CAD (Euro/Canadian Dollar)

NZD/JPY (New Zealand Dollar/Japanese Yen)

GBP/AUD (British Pound/Australian Dollar)

Characteristics of minor forex pairs:

Less Liquid: Minor pairs are generally less liquid than major pairs (those including the USD).

Wider Spreads: Due to lower liquidity, minor pairs may have slightly wider spreads (the difference between the buying and selling price).

Diversification: They offer traders opportunities to diversify their forex trading beyond US dollar-related pairs.

Why Trade Minors?

Reduced Trading Costs: Some traders may find that trading minor pairs can lead to lower trading costs.

Diversification: Minor pairs can help traders diversify their forex positions.
Unique Market Dynamics: Minor pairs can be influenced by economic and political factors specific to the currencies involved, offering traders opportunities to capitalize on those dynamics.

List of major currencies that are traded in the forex markets.⬇️⬇️ EUR/USD 􈋟GBP/USD 򸋟򘁕USD/JPY 򿷸 USD/CHF 򘋞USD...
06/04/2025

List of major currencies that are traded in the forex markets.⬇️⬇️

EUR/USD
􈋟GBP/USD
򸋟򘁕USD/JPY 򿷸
USD/CHF
򘋞USD/CAD 򿷸 򘋞񸁁
AUD/USD
򸋟򘁎NZD/USD

MAJOR PLAYERS IN THE FOREX MARKETSTHE BIG BANKS.Because the forex market is decentralized, the big banks are the ones th...
06/04/2025

MAJOR PLAYERS IN THE FOREX MARKETS

THE BIG BANKS.
Because the forex market is decentralized, the big banks are the ones that determine the exchange rate. Those are banks like Citi, JPMorgan, Deutsche Bank, Barclays, Goldman Sachs, HSBC, etc. As we learned, all rates are public to other Big Banks which creates huge competition. But since this market is not as regulated, not everything works smooth here and cartels can be built between traders from the Banks. Based on a Reuters report by Foo Yun Chee and Kirstin Ridley, the European Union fined several Big Banks a combined 1.07 billion Euros for rigging the multi-trillion dollar foreign exchange in 2019.

LARGE COMMERCIAL COMPANIES :- Companies, especially international companies take part in the foreign exchange. Since they’re doing business globally, they need to exchange their local currency into another currency when for example buying products for their production. Since the amounts are normally not huge, by Big Banks standard, the companies mostly deal with commercial banks to do their transactions.

GOVERNMENTS AND CENTRAL BANKS:- Both parties are also regularly involved in the forex market. Operational transactions like the international trade payments as well as handling the foreign exchange reserves need to be done on the foreign exchange. Central Banks additionally influence the exchange rates through the interest rates decisions or through direct intervention based on wanting to change the pricing of their currency.

SPECULATORS :- Speculation in the forex market involves the buying and selling of currencies with the view of making a profit from price fluctuations. In general, the large speculator category represents fund traders and professional traders who carry large positions, but they also can come in all shapes and sizes. Some have bigger pockets than others. The CFTC (Commodity Futures Trading Commission) requires large speculators and commercial traders, or hedgers, to report their net positions.This is something that can be very interesting to look at. Who doesn’t want to know if the majority of the big boys/girls are currently long or short on a specific currency pair? The positions will be published on „The Commitments of Traders (COT) reports“. We will check this out once we’ve more advanced into the course.

What is forex.Forex, short for foreign exchange, is a global market that allows one to trade two currencies against each...
06/04/2025

What is forex.

Forex, short for foreign exchange, is a global market that allows one to trade two currencies against each other.

Everybody has taken part in it eventually during traveling. If you have ever traveled into a country with a different currency, you probably either exchanged your money at your local bank before the trip or exchanged money in one of the exchange shops at the airport (just to get the worst exchange rate ever.
When you exchange your currency for the currency of the country of your destination, you have participated in the forex market. Crazy right?
Example: Let’s say you are a US citizen. Your currency is the US dollar. You are planning a trip to Germany (to visit me. You arrive at the airport in Frankfurt, Germany, and exchange 200 USD into 160 EUR. That’s it. You have participated in the foreign exchange market.

Crypto news.Solana’s stablecoin supply surged 146% in Q1 2025, reaching $12.5B and ranking fifth among fastest-growing n...
06/04/2025

Crypto news.

Solana’s stablecoin supply surged 146% in Q1 2025, reaching $12.5B and ranking fifth among fastest-growing networks.

Morph, Cronos, Stacks, and Bob led the growth, while Algorand, zkSync, and Hedera nearly doubled their stablecoin supplies.

06/04/2025

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