GBP/USD, DJIA Outlook: Support Levels Meet Oversold Risks
GBP/USD and the Dow test key support levels as rising Treasury yields, Fed rate-hike expectations and oversold momentum increase reversal risks.
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Introduction to the financial markets
Financial markets are how people and companies buy and sell assets: shares, indices, currencies, commodities and more.
People have traded financial markets for hundreds of years. They grew out of a practical need: to help people buy and sell things more efficiently, and to help companies that need money to raise it quickly.
What is forex?
The foreign exchange market – also known as forex or FX – is the world’s most traded market.
Forex trading is the buying and selling of global currencies. It’s how individuals, businesses, central banks and governments pay for goods and services in other economies. Whenever you buy a product in another currency, or exchange cash to go on holiday, you’re trading forex.
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Oil, USD/JPY Forecast: Two trades to watch
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