How Does a Herd Instinct Affect Trading in the Forex Market?

  In forex speak, “herd instinct” is the tendency of traders to blindly follow a trend or pattern that has been established by a large group of traders. These traders are often firmly abiding by the well-known investment term “the trend is your friend.” This principle usually provides better returns in forex trading than in … Continue reading How Does a Herd Instinct Affect Trading in the Forex Market?

4 Currencies You Need to Keep a Close Eye on

There have been two key developments for currency markets in the past. The dollar has been advancing relentlessly against every major currency, and it has mainly been rising against currencies of commodity exporters. Next, the yuan had a surprising devaluation over the summer that led to a short and sharp correction in global equities.