Professional
PL
Open account Try free demo
Call: +357 25023910 Mail: support@gomarkets.eu
Login Open CFD account
Login Open CFD account
PL
Professional
Login Open CFD account

Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Try free demo Open account

Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Try free demo Open account
Key market data explained: The Non-farm Payrolls

The Non-Farm Payrolls (NFP) is one of the most significant economic events data release of the month and is released on the first Friday by the U.S. Department of Labor. It is a comprehensive snapshot of the current state of US employment, and encompasses the total number of paid employees in the U.S. economy, excluding agricultural, government, pr...

August 16, 2023
Read More >
Key market data explained: The Non-farm Payrolls

The Non-Farm Payrolls (NFP) is one of the most significant economic events data release of the month and is released on the first Friday by the U.S. Department of Labor. It is a comprehensive snapshot of the current state of US employment, and encompasses the total number of paid employees in the U.S. economy, excluding agricultural, government, pr...

August 16, 2023
Read More >
Understanding market data: Purchasing Managers Index (PMI)

The Purchasing Managers' Index (PMI) is an economic indicator used to measure the health and activity level of a specific sector of an economy, namely the manufacturing or services sectors.  PMI data is published on a monthly basis and is of three types: Manufacturing PMI: This is the most well-known type of PMI. It measures the health of ...

August 16, 2023
Read More >
Understanding the US Dollar Index

The U.S. Dollar Index (USDX, DXY, DX, or, informally termed “the Dixie") is a measure of the value of the United States dollar relative to a basket of foreign currencies. It is often used as an indicator of the overall strength or weakness of the U.S. dollar in the foreign exchange market.  Changes in the index value reflect shifts in the rel...

August 16, 2023
Read More >
Aussie dollar has room to fall if the current support level fails.

The AUD/USD pair has had a tough month, falling relatively consistently since mid-July. This decline can be attributed to several factors, most notably the strengthening of the USD driven by the Federal Reserve's firm commitment to ‘higher for longer’ rates, aimed at taming inflation to meet target levels. Another contributing factor to the ...

August 14, 2023
Read More >
Bid-Ask Spread explained: What Traders Need to Know

The bid-ask spread is the difference between the highest price a buyer is willing to pay for an asset (the bid) and the lowest price a seller is willing to accept to sell it (the ask or offer).  This spread is a fundamental element of market liquidity and represents the transaction cost that traders need to consider when entering and exiting po...

August 14, 2023
Read More >
The Economics of Currency Pegs: Stability vs. Risk

A currency peg is a policy in which a country's government or central bank fixes the exchange rate of its currency to the value of another currency or a basket of currencies. The pegged rate is enforced by the country's central bank, which will exchange currency at that rate. Commonly, countries that participate in this practice prefer to peg th...

August 14, 2023
Read More >
Understanding Monetary Policy: A Guide to Hawkish and Dovish Approaches

Familiarity with terminology used in financial markets is arguably highly important for those investing in financial products. This understanding can assist with both entry and exit decision-making in the context of an individual's risk profile and objectives.  Two terms that are often used to describe the overall position of a central bank are...

August 14, 2023
Read More >
Crude Realities: The extent of OPEC’s influence on financial markets

OPEC stands for the Organization of the Petroleum Exporting Countries. Founded in 1960, OPEC's main objective is to coordinate and unify the petroleum policies of its member countries to secure fair and stable prices for petroleum producers.  This article briefly outlines who this organisation is and their significant influence on the pricing o...

August 14, 2023
Read More >
From Data to Dollars: An introduction to Quantitative Trading

Quantitative trading, often referred to as quant trading, is a trading strategy that relies on the use of mathematical models, statistical analysis, and data-driven approaches to make trading decisions. Often associated with the creation of specific automated trading systems, terms Expert advisors (EAs) on MetaTrader platforms, it a perceived as a ...

August 14, 2023
Read More >
Share Buybacks: A Double-Edged Sword for Investors?

Share buybacks refer to the practice where a company purchases its own shares from the open market or directly from its shareholders.  In practice this results in a reduction in the number of outstanding shares available in the market, and so buybacks can also have an impact on the stock's price, as the reduction in supply can drive up demand a...

August 14, 2023
Read More >
FX analysis – markets turn risk-off on weak Chinese data, Moody’s downgrade – USD bid, AUD sinks

Global markets were buffeted by a risk-off catalysts in Tuesdays session. Weak Chinese trade data, hawkish Fed-speak and a Moody’s downgrade of US regional banks saw stocks and yields tumble FX Markets USD was firmer Tuesday in a session that was firmly risk-off following the Chinese trade data and Moody’s downgrade. Later in the session ...

August 9, 2023
Read More >
$APPL: Apple finds key support after August sell-off.

Apple has had a spectacular start to 2023, locking in 7 consecutive positive months and putting in an increase of 52.16% year to date at its peak. However, August so far isn’t looking as healthy. Despite the positive financial performance beating Q3 earnings expectations, Apple shares are down 8.48% for the start of August. Profit taking aft...

August 9, 2023
Read More >
Non-Farm Payrolls Preview – Charts to watch – DXY – US10Y

Todays NFP figure out of the USA is shaping up to be a pivotal moment in market expectations as to whether we’ve seen peak rates from The Federal Reserve, or if there is more to come and the ramifications that will have for the FX market. NFP figures are always interesting, traditionally the biggest market moving figure of the month on the US ...

August 4, 2023
Read More >
Bank of England Decision could send the Pound Lower

Since March 2023, the GBPUSD had been trading higher as the US Federal Reserve and the Bank of England (BoE) maintained along their path to continue raising rates, as they battled to bring inflation down to their 2-3% target level. As the DXY recovered in strength, this led the GBPUSD to reverse from the high of 1.3130, trading down toward the l...

August 2, 2023
Read More >