ZFX analyst Jacob Leung said that, even the vaccine sounds very positive to the market, however, investors may realize that the economies cannot be recovered as fast as expected. The market may has already “priced-in” such situation if we look at the current level of all indexes around the world. And, that may be why investor nerves are always being tested. View more

With the economic globalization, the interaction of economic activities among countries, including trade, tourism, consumption, and investment in various assets, becomes more and more frequent. In the process, currency transactions naturally occur. Forex / FX is the financial market which deals with currency transactions all over the world in a decentralized form. View more

Liquidity can be said to be the measure of the ability of an asset to convert into cash. The higher the liquidity of the asset is, the easier it is to be converted into cash, and it does not need to suffer too many unnecessary price losses due to supply and demand problems in a specific period of time. View more

The Dollar Index measures the value of USD to see if the dollar is stronger or weaker against six other currencies. Acronyms of the Dollar Index in the financial market include USDX, DXY and DX—the trading code in Futures. USDX now includes Euro (EUR), Japanese Yen (JPY), British Pound (GBP), Canadian Dollar (CAD), Swedish Krona (SEK), and Swiss Franc (CHF). However, since Euro had not been launched when USDX was introduced, the index had a currency basket of ten currencies including Deutsche Mark, Italian Lira, French Franc, Dutch Guilder and Belgian Franc in the earlier years. View more

In the forex market, the smallest unit used to quantify the movement in the currency quote is called “a pip”, and the difference between the bid-ask prices is called "spread". View more

Once you've looked at the idea of “pip” in forex trading, you should also pay attention to the value of each pip, so-called pip value. Because forex trading involves different currency pairs, investors will find that the profit and loss for each pip of some currency pairs are different from those of others. Therefore, it is necessary for investors to calculate the actual profit and loss per pip more accurately before the trade order placing, in order to avoid strategies mistaken. View more

Stop loss refers to the situation that the investors choose to close their positions when the loss has reached a preset amount or has reached a specific price level. View more

Gold price was the other focus on Monday as it tumbled over 5%, as much as $100 per ounce, after the positive development result. The sell-off pressure was mainly related to the risk appetite in the whole financial market, that significantly lower the safe haven demand for Gold. Furthermore, the news lowered the dovish expectation from Fed, even the other central banks, a more aggressive approach in the monetary policies, boosting the greenback. The dollar index bounced back from around 92 level, steadied at around 92.7 on Tuesday. View more

ZFX analyst Jacob Leung said that, the weak dollar showed risk-on condition in this moment, but be aware that it may be a very volatile week, especially the NFP is coming ahead, and the arguments regarding the US election have arisen. View more

ZFX analyst Jacob Leung said that, the market may be reacting on Trump's win. The first thing we can expect is that the China-US tensions may be rapidly escalated next year, no matter in economic, political, military and technological aspects. View more