ICYMI – most Asian markets are closed for a holiday today
I posted over the weekend the heads up: On holiday today are markets in: And its a holiday in Wellington, New Zealand’s capital. — In as normal today are Australia and Japan. Interest and liquidity are much lower than normal. Despite this the USD is weaker pretty much across the major’s board. Gold is up: […]
Forex Open and Closed Positions – What Does it Mean
2023.01.17 2023.01.17 What do open and closed positions mean in Forex trading? Artem Shashkovhttps://www.litefinance.org/blog/authors/artem-shashkov/ Any Forex transaction implies a period of time. The period begins when you open position – you either buy a currency pair when the exchange rate should increase or sell it, expecting the price to fall. Closing a position is the […]
Reminder – it’s a US holiday today, Monday, 16 January 2023 – stock, bond trading closed
US cash equity exchanges are closed for a Federal holiday today, 16 January 2023. Its Martin Luther King Jr. Day. The US bond market is also closed. The Securities Industry and Financial Markets Association (SIFMA) is an industry group for bond markets, it “recommends” a holiday in the bond market. Traders don’t need any more […]