The obvious difficulty with the trade is correctly identifying those “extreme” relative valuations between the metals. If the ratio hits 100 and you sell your gold for silver, then the ratio continues to expand, hovering for the next five years between 120 and 150, you’re stuck. A new trading precedent has apparently been set, and to trade back into gold during that period would mean a contraction in your metal holdings.
On the chart, I have marked the 70s bull market with po […]
Negative momentum seems to be continuing for gold today, as the price of the yellow metal is sliding 1.9% at $1,679 per ounce following a spike in US Treasury yields. People are pointing to the Dodd-Frank Financial Reform Bill as a possible explanation. Others are suggesting a change in mentality – that the sellers are starting to think the price will not go much lower. Sign in or Register an account to save these items permanently.
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So all in all, we would strongly consider GO Markets as together with strong adherence to regulation the broker indeed delivers quite good trading proposals suitable for both beginners and professionals. So as we see, the Standard account defines no commission bases, bringing spread only basis starting from 1.1 pips option and is the best match to start trading with no complications. Forex charts can be used to provide an illustration of a currency’s behaviour or performance over time. Tr […]
We’ll also show you the rate history, so that you can see if it’s a good time to buy. Following the collapse of the Smithsonian exchange rate system, IMF members met in Jamaica to agree on a new international monetary framework. The Jamaica Agreement abolished gold as a reserve asset and formalised the floating exchange rate system that survives to this day.
Before 1875, a double standard for silver and gold was used for international payments, causing difficulties when their value […]
This includes all of the available order types, streaming live prices, managing your positions, downloading historical instrument rates, getting account reports, and more. ForexConnect supports C++, C#, Java, VB, VBA, compatible with .Net, Linux, iOS and Android, and it is FREE. Java API, a wrapper SDK of FIX API, provides clients with a fully functioning programmable API into the FXCM trading platform.
Try out your new trading strategies on a practice account before you commit real funds. Hist […]
This is why currencies tend to reflect the reported economic health of the region they represent. To buy a currency pair means that you expect the price to rise, indicating that the base currency is strengthening relative to the quote currency. To sell a currency pair means that you expect the price to fall, which would happen if the base currency weakened against the quote. The base currency is always on the left of a currency pair, and the quote is always on the right.
What sets winners apar […]