Pound Drops 6% In Minutes. How A Broker Impacts Profit & Losses

In October 2016 a 'so called' 1 in 100 event occurred where over two 2 minutes the British Pound dropped 6% in just minutes. Below shows this huge drop and rebound. There is plenty of speculation as what

Pound Forex Drop

4 Critical Considerations When Choosing an Online Broker

The price of entry for establishing an online trading business, especially for the Foreign Exchange currency market (FOREX) and Contracts For Difference (CFDs) is modest and mainly consists of things most people already have, such as internet

Forex Customer Service

What Is An Expert Advisor?

An Expert Advisor sounds like something that can make you a boat load of money in the world of currency trading. An expert that advises me how and when to execute trades for profit? What could possibly

Expert High Frequency Trading Advisors

Forex Trading Implications Of The Yuan Devaluing?

On the 11st, 12th and 13th of August the Chinese government dropped the fix point of the yuan by 1.9%, 1.6% and then 1.1% . While graphs just focusing on the yuan may seem alarming the truth

China vs Australia Currency

OzForex – International Money Transfers

A common question we receive on this site is who to use for everyday forex (not trading), especially when arranging international transfers or payments. OFX offer extremely competitive rates of exchange and lower fees than you would

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3 Ways to Reduce Your Exposure To The “Grexit” Crisis

A Brief Synopsis of the "Grexit" Crisis Financial markets don’t cope well with uncertainty. In fact, global markets perform far better on bad news than they do on indeterminate or pending information. Just look at what happened before

The Grexit Crisis Explained

5 Things You Should Know About USA Forex Rigging Case

In November 2014 a settlement worth more than 4 billion dollars was reached between the USA's big banks and their government over Forex rigging. In addition to this deal, a further $6 billion settlement looks to be nearing completion between the same banks (including

As The Government Investigates, Is There A Rat At The RBA?

Recently we wrote an article here about why the Australian dollar moved ahead of the RBA’s interest rate announcement. By now you’re all aware that on the first Tuesday of each month the RBA meets to discuss

High Frequency Trading Concerns

Why Forex Brokers Love Calling Australia Home

The worldwide forex market is booming with the daily turnover doubling since 2007. This is no exception in Australia with Aussies loving a punt and making trades based on a knowledge gained over time. What is surprising though

Australian Forex Broker Market

Why Did The Australian Dollar Move Before The RBA Announcement?

Every month there are a few key events that are guaranteed to move both the stock market and the Australian dollar. The largest event by far is the monthly Reserve Bank of Australia (RBA) announcement where it lets

Forex Movements March 2015