On Thursday, the European Central Bank will conduct its monthly monetary policy meeting. The consensus among analysts is that the meeting will lead to a 50 basis point cut, leaving the EU’s benchmark lending rate at 1%, a record low. Investors are also bracing for the ECB to announce certain unconventional steps, similar to the [...]

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You have probably seen the advertisements - “Trade Forex with 400:1 Leverage” - without being entirely clear as to what exactly these brokers are offering and/or wondering why someone would want to leverage trades to such an extent.
Simply put, forex leverage (also referred to as margin) “is a loan that is provided to an investor [...]

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There is a good chance that the EUR/USD could be headed to 1.31. In my Daily Currency focus on FX360.com yesterday, I said that the currency pair is prime for a breakout. Now that it is happened, the prospect of a rate cut by the ECB coupled with the comments from the German Finance [...]

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Since touching a fresh 24-year low in the beginning of March, the British Pound has recovered strongly, rising 5% against the USD in a matter of days. Analysts are at a loss to explain the sudden strength of the Pound, outside the confines of the safe-haven hypothesis: “The risk premium that sterling has taken on [...]

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The job of turning around the global economy lies of the shoulders of just a few people and in this group includes central bank governors. With such a tall task at hand, it leads me to wonder what are the people with such power and responsibility making. Is it enough to compensate for [...]

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