To calculate a forex swap, multiply your broker’s swap rate in points by the value of one point and by your lot size, then by the number of nights you hold. Wednesday’s rollover usually counts three nights. On 1 lot of EUR/USD, a swap of -8 points costs about $8 a night and $56 for a full week.
How Do You Calculate Forex Swap Fees? Overnight Costs Explained With Real Numbers Read More »
Most likely, yes. A Reuters poll published October 23 shows a narrow majority of economists expect the Bank of Canada to raise its rate from 2.25% to 2.50% on October 28. For USD/CAD, a hike is mostly priced in, so the BoC’s tone and the Fed decision hours later will decide the next move.
Will the Bank of Canada Hike on October 28? What It Means for USD/CAD Read More »
A forex trading journal is a simple log of every trade: entry, exit, lot size, the reason you took it, and the costs most traders forget, like spread, commission, swap and slippage. Keep one for a month and you’ll see your real net results, which setups actually pay, and how much a rebate could hand back.
How to Keep a Forex Trading Journal That Tracks Your Real Costs Read More »
Oil dropped from above $100 to around $95.70 on Tuesday after Israel’s Channel 12 reported a Pakistan-brokered US–Iran compromise, and gold bounced from $4,111 to about $4,143 as yields and the dollar eased. The deal is unconfirmed, though, and a diplomat in the talks says reports that it’s close are wrong.
Is a US–Iran Deal Close? Why Oil Fell and Gold Bounced on Tuesday Read More »
For many active traders, an Exness Standard account ends up cheaper than Raw Spread once cashback is counted. Raw has tighter spreads but charges up to $7 per round-turn lot, while Standard earns a bigger rebate: $2–3 per forex lot and up to $5–7 on gold through FXPayback at the time of writing.
Exness Standard vs Raw Spread: Which Account Is Cheaper With Cashback? Read More »
Forex slippage is the gap between the price you clicked and the price you actually got. It happens when the market moves faster than your order can be filled, mostly around news and in thin markets. You can’t remove it completely, but limit orders, smarter timing, liquid pairs and a good broker cut it a lot.
What Is Slippage in Forex and How Do You Reduce It? Read More »
Gold is stuck below $4,200 because two forces are cancelling each other out. Fed Chair Kevin Warsh cooled bets on an October rate hike, which helps gold. But oil back above $110 is pushing the US 10-year yield to around 5.14%, and high yields make a metal that pays nothing harder to hold.
Why Is Gold Stuck Below $4,200 While Oil Tops $110? Read More »
An Islamic swap-free forex account isn’t automatically cheaper. You stop paying overnight swap, but some brokers recover that cost through holding fees, wider spreads or limits on which instruments stay swap-free. It saves you real money only if you hold trades overnight and your broker doesn’t charge it back another way.
Are Islamic Swap-Free Forex Accounts Really Cheaper? Read More »
For most active traders, a forex rebate pays more than a deposit bonus. A rebate is real cash on every lot you trade, win or lose, and you can withdraw it. A deposit bonus looks bigger on day one, but it’s usually locked behind lot targets, and you often can’t touch it until you hit them.
Forex Rebate vs Deposit Bonus: Which Actually Pays You More? Read More »
Gold bounced about 1.5% on October 15 because the dollar and US bond yields slipped, even though wholesale inflation came in red hot. Fed officials signalled they’re in no rush to hike in October, and fresh attacks on ships in the Strait of Hormuz added safe-haven demand, pulling XAU/USD back toward $4,170.
