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Today's forex move, explained for new traders. One market, one lesson, every trading day.
- Lesson ·
Euro hits 17-month low on French debt fears: reference rate vs live quote
The euro fell to a 17-month low on French fiscal fears. We use the move to explain how an ECB reference rate differs from a live forex quote for beginners.
- Lesson ·
Verbal intervention: why Japan's warnings matter when USD/JPY nears 158
Japanese officials toughened their tone as USD/JPY held near 158. Learn the difference between talking a currency up and actually buying it.
- Lesson ·
What is a pip? EUR/USD's 153-pip slide last week, explained
EUR/USD fell from 1.1378 to 1.1225 at the ECB fixing last week. Here is how to count that move in pips and what it means in dollars.