How Foreign Currency Trading At XFR Financial Ltd (XTrade) Is Done
While other markets brag about trading billions of dollars per day, Forex trading involves the movement of massive amounts of currency from one nation’s bank to another. As a result, the Forex market...
View ArticleBrexit fallout: For savvy foreign buyers it’s time to catch a bargain
The UK voted to leave the EU on 23 June. Three weeks later, with the dust is settling what does it mean now? We have seen that Brexit has had an incredible impact on currency markets, bringing an...
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3 factors that fuel the US dollar
A strong and stable economy attracts investment from across the globe because of its ability to achieve a considerable rate of return on your investment. Investors always search for the highest return...
View ArticleAussies, take your finances into your own hands
The advent of the internet has opened up a world of possibilities to Australian-based wannabe traders. There are numerous brokers available on the internet at which citizens have the opportunity to...
View ArticleWays to make hay while the GBP is in decline!
The GBP is struggling – that much we all know. The beleaguered sterling has had a torrid time in the currency market since the Brexit referendum on June 23 2016. On that fateful day, Britons voted by a...
View ArticleThe 5 biggest forex myths you need to know
Check out the OFX list of the biggest forex myths, so you can steer clear of the hype and make an informed decision. Myth #1: Forex Is a Short Term Strategy The factors that underpin forex movements...
View ArticleUK Election: How will the result affect the British pound?
With the U.K. general election taking place this week, all eyes are on the polls. In recent weeks, Labour has made noticeable gains to the previously uncontested Tory lead in this election. When...
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The Bitcoin bubble – how we know it will burst
In the last year, the price of Bitcoin has increased from less than US$800 to more than US$12,000 (on Monday 11 December, Bitcoin was trading at over US$16,000 on some exchanges). This huge spike in...
View ArticleHere’s why Bitcoin is plummeting even further
On Friday morning (UK time) the price of one Bitcoin was down to just USD$8,360. That’s down from a high of almost USD$20,000 in mid December 2017. Over the 24 hours more than USD$100 billion was wiped...
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