Beware the bigger G10 FX option strikes expiring next week
The cash hedging of soon-to-expire FX option strikes can often influence FX price action by adding to any nearby support/resistance and can potentially draw and contain spot, as we saw with EUR/USD on Thursday, so it is worth knowing where the bigger strikes reside and when they expire. There are some big strikes expiring across […]
What is a CFD?
CFDs were first introduced to Australia at the start of the millennium and have since been fast becoming a mainstream trading instrument. Due to their cost effectiveness and relative simplicity – they have overtaken considerable portions of the options, futures and even share markets. Considered the most versatile of all products; they are most popular […]
What is Forex?
Large, stable, cost-effective currency markets Large, stable, cost-effective FX Trading The world of online foreign-exchange trading has grown rapidly in recent years, especially here in Australia. As currencies are traded in pairs, the aim is to take advantage of exchange-rate fluctuations and as such there are always trading opportunities; as one currency is going down- […]