Latest News - simply...FOREX

Welcome to our News section where we curate the latest financial news and market insights for novice traders. Our team at SimplyForex.com handpicks the news that is most relevant to help you stay informed and make informed decisions. Stay up-to-date with the latest trends and developments in the forex and financial industries and gain valuable insights into market trends, opportunities and risks.

Forex Hedging Strategies Explained

Forex trading often feels like navigating a ship in a storm. Hedging – a strategic compass in these turbulent waters – helps balance potential losses. This comprehensive guide delves into three key Forex hedging strategies – direct, correlation and options hedging – each with their unique potentials and pitfalls, guiding traders towards successful trading voyages. READ MORE

Fixed and Floating spreads Explained

Explore the world of Forex trading with a comprehensive breakdown of fixed and floating spreads. Understand how these two protagonists shape your trading strategies, influence execution costs and how they interact with different broker types. Discover how your trading style can lean on the predictability of fixed spreads or the flexibility of floating spreads. READ MORE

GBP/USD Braces for High Volatility Ahead of Crucial Economic Data Releases

GBPUSD Likely to Experience High Volatility Amid GDP and PCE News The value of the British Pound (GBP) and the US Dollar (USD) has fluctuated widely over the previous week in response to critical economic data and events. The recent UK inflation print slowed progress toward the rate hike the Bank of England and the Federal Reserve announced. Both the annual inflation rate and the Core CPI came in higher than expected at 10.4% and 6.2%, respectively.(Read more) READ MORE