USD/MXN United States Dollar / Mexican Peso

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Latest Research

A complete guide to the Bank of Canada and interest rates

April 21, 2021 10:20 AM

As with any central bank, when the Bank of Canada (BOC) changes interest rates, it can have a knock-on effect to stocks, indices and currencies. Find out everything you need to know about the BOC and how it’s decisions impact financial markets.

TAGS: BOC, , Canada,

US open: stocks point lower, Netflix drags on Nasdaq

April 21, 2021 8:35 AM

TAGS: Crude Oil, ,

Two trades to watch: Gold, GBP/USD

April 21, 2021 2:53 AM

TAGS: , ,

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Pivot Points

  • Pivot Point
  • Distance

    Distance

    Distance shows the difference between the pivot point and bid rate. It is calculated by subtracting the ask rate from the pivot point rate.

  • Bid
  • Ask
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Understanding Pivot Points

Pivot points are used by traders as a predictive indicator and denote levels of technical significance. When used in conjunction with other technical indicators such as support and resistance or Fibonacci, pivot points can...Read More
Learn more about Technical Analysis