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Analysis

16 July 2024
Who is OPEC and why are they important in oil trading? 

“OPEC daily basket price stood at $86.51 a barrel.”  “Al Ghais: Peak oil demand not on the horizon.”  “37th OPEC and non-OPEC Ministerial Meeting.”  Above are some of the headlines that oil traders would eye on every business day. For …

24 July 2023
A Comprehensive Guide to Fundamental Analysis in Forex Trading

Let’s say you are a Forex trader who is interested in trading the EUR/USD currency pair. You know that the European Central Bank (ECB) is scheduled to announce its interest rate decision tomorrow. The ECB’s interest rate decision is a …

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