forex Archives - The 3 Monkey

Dollar Down as U.S. Stimulus, Brexit Talks Optimism Continues

Ritu December 17, 2020 0 comment

By Administrator_India Capital Sands The dollar was down on Thursday morning in Asia, with investors continuing a retreat from the safe-haven asset after progress in U.S. stimulus measures and Brexit talks boosted risk appetite. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.04% to 90.102 by 9:12 PM ET […]

forex

What is spread & tick (Pips) move and how does it work?

Ritu August 14, 2020 0 comment

Spread & tick (Pips) is a derivative product, which means you don’t take ownership of the underlying asset but speculate on whichever direction you think its price will move – up or down. If your prediction is correct, you could profit, however if the price moves against you, you would incur a loss. Interested in […]