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POCKET FOREX

Exchange rate and list price method

Exchange rate, also known as exchange rate, refers to the price of a currency in another country, or the ratio between the currencies of two countries. In the Forex market, exchange rates are displayed in five digits, such as: EUR 0.9705 JPY 119.95 yen GBP 1.5237 ChF 1.5003 The minimum unit of change in the […]

The reason for the forex market

The foreign exchange market refers to the trading place where foreign exchange is traded, or the place where different currencies exchange with each other. The Forex market exists because: Trade and investmentImporters and exporters pay one currency when they import goods and charge another when they export goods. This means that they pay different currencies […]

Forex and forex markets

Total ignorance of Forex trading? Start here. 1, foreign exchangeForeign exchange is a means of payment that can be used for international settlement in foreign currencies or in foreign currencies. Article 3 of the Regulations on the Administration of Foreign Exchange promulgated by China in 1996 stipulates the following specific contents of foreign exchange: Foreign […]

Why does foreign exchange easily lead to liquidation?

Foreign exchange investment needs to remain calm at all times, if you do not know enough about yourself and the market to trade, the result can only be to let oneself suffer. Today we will talk about why foreign exchange investment can easily burst positions. Breaking a position is when your available margin is 0, […]

How do trading slippages come about? How to avoid it?

When we invest in the gold market, we will inevitably encounter a variety of risk factors, among them, trading slippage risk is one of the most common risks affecting investors’ expectations to make a single profit or loss, when the trading slippage occurs, it is easy for investors to make a list suffer unnecessary losses, […]

Energy Stocks May Have More Upside in the Tank

As is being widely reported, the energy sector is back to the top spot among the S&P 500 sectors, and plenty of exchange traded funds are reflecting that lofty status. The Invesco Dynamic Energy Exploration & Production ETF (PXE) is part of that group, performing, well, dynamically this year. Thanks to oil’s 2021 resurgence, PXE has nearly […]

Why is the yen also a safe haven currency?

The risk aversion of the yen comes mainly from Japan’s geographical attributes, economic strength, monetary attributes and monetary policy. Japan is an island country that is not susceptible to political, war, market fluctuations and other factors, and can avoid the risk of devaluation to the maximum extent (not to say that it will never depreciate) […]