Forex School

  • Foreign Exchange

    Foreign Exchange

    Foreign Exchange: major popular currency pairs such as US dollar, Euro, British pound, Japanese yen, Australian dollar, Swiss franc (up to 43 currency pairs)

    United States dollar (USD)

    Having a leading position in the foreign exchange market, most of the currency portfolios use the US dollar as the base currency or relative currency. The U.S. dollar is the main foreign exchange deposit currency of central banks, so the U.S.'s global political and economic status is the most influential factor in U.S. dollar prices. Since the domestic foreign exchange market, stock market, bond market and other markets are closely related, and the flow of funds in each market is very high, the main domestic economic data and the exchange rate of the US dollar also have a direct impact.

    Euro (EUR)

    The euro is the currency in circulation in 17 countries of the European Union (EU), the second largest currency in circulation in the world, and the second major reserve currency of central banks. The European Union now has 27 member states and is the world’s largest economic entity. Its members come from multiple independent sovereign countries. The differences in political culture and economic development among countries have led to contradictions within the European Union. The European Central Bank strictly controls inflation and the European Union promotes the economy. The policy effect of the reform has not been significant, and it has become a factor affecting the development of the euro. The euro is the main alternative investment currency for the US dollar, so when the US dollar is weak, the euro should benefit most directly.

    Japanese yen (JPY)

    Japan is the world’s largest investor and creditor, and the country with the largest reserves in the world. The Japanese economic environment affects the flow of Japanese yen funds and at the same time affects the global economy; if the market looks forward to a rebound in the Japanese economy and the yen exchange rate rises, it means that funds will flow back to the Japanese market, which will affect the long-term holding of Australian, Canadian and New Zealand dollar bonds by Japanese investors , And various influential investment products. As the Japanese economy has entered a recession in the past two decades, coupled with the lack of natural resources, the economy has been dependent on exports for a long time, creating uncertainties for the yen exchange rate. Since the interest rate on the yen is close to zero, when the dollar is strong, buying orders for the dollar against the yen will emerge to earn interest rates, which is very popular among speculators.

    Pound sterling (GBP)

    The United Kingdom is a global oil and natural gas producer, one of the seven largest industrial countries in the West, and the world's largest foreign exchange, insurance finance and trade center. The trend of the pound is directly affected by the flow of funds. When investors reduce their holdings of British stocks and properties, the pound will be under pressure. With the introduction of the euro, the share of investors holding the pound has fallen.

    Canadian Dollar (CAD)

    Canada is one of the seven major industrial countries, rich in natural resources, social, political and economic environment is quite stable, the country contains a lot of minerals and energy, agriculture is developed, agricultural products are rich, export and foreign trade are the main factors affecting the Canadian dollar. And when the price of oil rises, money will flow into Canada, which will support the Canadian dollar.

    Australian Dollar (AUD)

    Australia is rich in natural resources and is an important exporter of minerals and agricultural products. Rising commodity prices have caused capital to flow into Australia, which is beneficial to the exchange rate of the Australian dollar. In recent years, Asia has become Australia's main export area, so the economic situation in Asia directly affects the trend of the Australian dollar.

    New Zealand Dollar (NZD)

    The economic foundations of New Zealand and Australia are similar. The New Zealand dollar is also a commodity currency, but New Zealand's exports focus on agriculture and timber, which is more affected by the demand for raw materials in Asia.

    Swiss Franc (CHF)

    Due to the close ties between Switzerland and the European economy, the exchange rate between the Swiss franc and the euro shows a great positive correlation. That is, the rise of the euro will also drive the rise of the Swiss franc. The relationship between the two is the closest of all cargo shelters. As Switzerland pursues a policy of neutrality and non-alignment, Switzerland is considered to be the safest place in the world. It is known as the traditional safe haven. Coupled with the protection policies adopted by the Swiss government on finance and foreign exchange, a large amount of foreign exchange has entered Switzerland. The Swiss franc has also become a stable and popular international settlement and foreign exchange transaction shield. The Swiss franc has been the most stable currency in the last century and has been regarded as a safe haven currency for a long time. Therefore, it is almost always inflation-free in Switzerland, and the currency has 40% gold reserves.

  • Precious Metals

    Precious Metals

    Precious Metals: gold, silver

    Precious metals trading includes two types: London gold and London silver. Metal trading refers to the process of investors who are optimistic about the precious metal market, buying low and selling high to earn the difference. It can also be a hedging method taken when the economic prospects are not optimistic, in order to maintain and increase the value of assets. Because the world's precious metal reserves are certain, precious metals can be used as a tool for value preservation.

    London Gold is the name of a gold trading method, also known as spot gold, named after it originated in London. The London gold market is not an actual trading place, but an invisible market connected through the sales network of major gold merchants. London gold is usually referred to as European gold trading, represented by the London Gold Exchange and Zurich Gold Market. The investor’s transaction history is reflected in the “gold passbook account” opened by the customer in advance. There is no need to withdraw physical gold. The transaction method eliminates the steps of gold transportation, storage, inspection, and identification. The purchase price The difference between the selling price and the selling price is smaller than the difference between the physical gold trading price. There is no fixed place for this type of gold trading. In the London gold market, the entire market is made up of interconnections between major gold merchants and affiliated companies, and transactions are carried out by telephone, fax, etc. between gold merchants and customers; in Zurich In the gold market, the three major banks deal with customers and are responsible for settlement and settlement.

    Silver is often referred to as "the gold of the poor". Like gold, silver is an investment product that can be traded 24 hours a day. The world's major markets include London, Zurich, New York, Chicago, and Hong Kong. As early as the 17th century, London had begun to have physical and futures silver trading. The London market set fixed prices every day, allowing buyers and sellers to settle at the fixed prices. Although the City of London is still the most active physical market, most transactions are currently completed in the US COMEX market in the form of contracts (paper silver), and the silver spot price is set by COMEX. The price of silver is mainly affected by supply and demand. In recent years, the supply of silver has exceeded demand, making the fundamentals of silver stronger. However, because silver is also a tangible asset and has a value-preserving effect, it is also affected by factors such as inflation, fiscal deficits, and global interest rates. In modern times, its industrial use has also become extremely significant. Silver prices have risen rapidly in the past few years.

  • CFDs


    CFDs: Brent crude oil, U.S. crude oil

    Crude oil

    Petroleum is the'blood of industrial production' and an important strategic material. As the crude oil futures market has the characteristics of price discovery, value preservation and standardized speculation, its trading volume has been showing a trend of rapid growth, and it has increasingly become the most actively traded commodity in the world. Crude oil futures, referred to as oil futures, refer to crude oil futures, which are divided into New York crude oil and Brent crude oil.

    New York crude oil

    WEST TEXAS INTERMEDIATE (WTI) is a benchmark price in the international oil market, and it is also the target of the New York Mercantile Exchange's oil futures contract. All crude oil produced in the United States or sold to the United States is priced with light and low-sulfur WTI as the benchmark oil.

    Brent crude oil

    Brent crude oil produced by Brent in the British North Sea. Generally speaking, due to the better oil quality of Texas crude oil and the higher refining cost, the price of New York futures oil is generally higher than that of Brent futures in terms of futures prices, which is also regarded as an important indicator of oil prices.

  • Stock Index

    Stock Index

    Stock Index

    Global stock index CFDs include: Standard & Poor's 500, Dow Jones Industrial, Nasdaq 100, FTSE 100, German DAX30, French CAC40.

    US S&P 500 Index

    The Standard & Poor's stock price index is also very influential in the United States. It is a stock price index compiled by Standard & Poor's, the largest securities research institution in the United States. The Dow Jones Industrial Average (DOW JONES INDUSTRIAL AVERAGE, referred to as the "Dow") is one of several stock market indexes created by the Wall Street Journal and the founder of the Dow Jones Company, Charles Dow. He uses this index as a measure of the development of the industrial composition on the US stock market, and is one of the oldest US market indexes.

    US Nasdaq 100 Index

    NASDAQ (NASDAQ) is the English abbreviation of the name of the automatic quotation system created by the National Association of Securities Dealers in 1968. The characteristic of Nasdaq is to collect and release the quotes of securities firms for over-the-counter unlisted stocks. It has now become the world's largest securities trading market. The Nasdaq Index is an average stock price index that reflects changes in the Nasdaq stock market. The basic index is 100.

    UK FTSE 100 Index

    The FTSE 100 Index (FTSE 100) is compiled by the world-class index calculation financial institution FTSE (FTSE Group). Since 1984, it covers the 100 largest stocks listed on the London Stock Exchange with the largest market value. One of the most popular financial products for investors in the world.

    German DAX Index

    The DAX index (also known as XETRA DAX, generally known as the Frankfurt DAX index), is a blue chip index launched by the Deutsche Börse Group (DEUTSCHE BÖ RSE GROUP). The index includes 30 major German companies. The DAX index is an important securities index that is as famous as the London Financial Times index in Europe and one of the important indexes in the world stock market.

    France CAC40 Index

    The French CAC 40 stock index is an important French stock price index, composed of 40 French stocks. CAC 40 is compiled by the Paris Stock Exchange (PSE) based on the stock prices of its top 40 listed companies, and the base period is the end of 1987. The index was released on June 5, 1988, reflecting price fluctuations in the French stock market. The newer CAC-GENERAL index is composed of 100 French stocks and is more widely used, but the CAC40 index is still considered a benchmark index.