The global automated trading market was estimated to be worth US$ 10,346.6 million in 2018 and is expected to grow at a CAGR of 10.7 percent to US$ 25,257.0 million by 2027.
Don't worry, it won't be a Terminator that sits in front of your screen. A Forex robot is a software, or code, that is written to follow a specific trading strategy. It joins trades using technical signals while the dealer sleeps soundly. This software will either support traders succeed on the market or trade f based on specific metrics and initial settings.
The annual inflation rate for the United States has been 5.0% for the past 12 months; this ended May 2021 after rising 4.2% previously.
When inflation increases, investors move to a secure investment like Gold, classified as a “safe-haven”. They do this to avoid uncertainty. An increase in Gold investment triggered price rising from march 2021 and reached $1900 per ounce considering high inflation and fed policy uncertainty.
The EUR/AUD perspective is bearish, as commodity currencies like the Australian Dollar gain from the latest global economic growth after the recession triggered by the coronavirus pandemic. Many raw materials, such as iron ore, coal, and aluminium, are produced in Australia, which could boost the AUD against currencies such as the EUR, CHF, and JPY as economic growth picks up.
The simultaneous purchase of one currency and the sale of another is known as forex trade.
The concept "forex" is a combination of the terms "foreign currency" and "exchange". Foreign exchange is the method of converting one currency into another for a variety of reasons, most often for commerce, trading or tourism.
Stock market has two outcomes, either you make a profit or a loss. There is no in between, when it comes to trading of any sort for that matter, be it commodity, share market or forex.
Don’t have any knowledge about Forex Trading? Have knowledge, but don’t have time to sit in front of the system the whole day? Or have both, but can’t seem to succeed in booking satisfying profit so far.
The global automated trading market was estimated to be worth US$ 10,346.6 million in 2018 and is expected to grow at a CAGR of 10.7 percent to US$ 25,257.0 million by 2027.
Don't worry, it won't be a Terminator that sits in front of your screen. A Forex robot is a software, or code, that is written to follow a specific trading strategy.
