Market analysis
USD/JPY: the interest-rate-differential pair
A pip is 0.01 and pip value moves with the rate. This pair tracks US Treasury yields closely, and the…
Currency pairs
9 articles in this section.
Market analysis
GBP/USD: more volatile than you expect
Its daily range runs 30-50% above EUR/USD, so using the same stop distance is a recipe for being swept out.…
Trading costs
What EUR/USD actually costs per lot
Standard $11 a lot, Raw $8. But the rebate can reverse the order — the right comparison is net cost…
Trading costs
The cost of trading USD/JPY, and the swap trap
USD/JPY has a cheap spread but a heavy negative swap on the short side. One lot short for 20 days…
Fundamentals
Calculating lots, pips and margin
Three calculations that set your real risk. The same $50 risk gives 0.2 lots of EUR/USD but 0.06 lots of…
Market analysis
AUD/USD and its link to commodities
China's PMI is a better leading indicator for the Aussie than much of Australia's own data. And AUD/USD correlates above…
Market analysis
EUR/USD: what it is like and when it works best
The tightest spread, a moderate range and more written about it than anything else - and its best hours fall…
Fundamentals
How to read a currency pair symbol and its quote
EUR/USD at 1.0850 means one euro buys 1.0850 dollars. How to read pips, points and platform symbol suffixes, plus the…
Fundamentals
Majors, crosses and exotics: how the groups differ
Majors have the tightest spreads, crosses are 1.5-3 times wider, exotics can reach 80 pips. And why three different trades…