Forex
How the currency market works, what it costs to trade, how to manage risk, and what moved the majors this week.
Forex week in review 44/2026: three central bank holds, two Fed dissents and a gold sell-off
The Fed, ECB and Bank of Japan all left rates unchanged, but two Fed officials voted for a hike and the BoJ said underlying inflation had reached 2%. US GDP grew 3.4% and PCE inflation rose to 3.6%. The dollar index edged up 0.07%, EUR/USD fell 0.38% and gold dropped 3.7% to its lowest since October 2025.
- Job openings posted big September gain in positive sign for labor market ahead of payrolls report
- Why investors shouldn't let today's election results influence their decisions
- Stock market after midterm elections: What S&P 500 history shows
- Iran tensions rise as report details U.S. strike contingency and intelligence divisions
- US September factory orders +1.8% vs +1.2% expected
- JOLTs Job openings 7.523M vs 7.100M estimate
- Tough to buy into the Iran headlines in the context of the election
- Trump on Israel: The aid gets cut off at year-end
Learn by topic
all guides →- How the forex market works: who trades, where prices come from, and where you fit in
- Currency pairs explained: base, quote, majors, minors and exotics
- Forex market hours and sessions: Sydney, Tokyo, London and New York
- How to read a forex quote: bid, ask, spread and pipettes
- Spreads and commissions: what a trade really costs
- Swap and overnight financing: what it costs to hold a forex position
- Slippage explained: why your order fills at a different price
- Hidden broker fees: the costs that are not in the spread
- Leverage and margin, explained without the hype
- Position sizing in forex: worked examples for every kind of pair
- Where to put a stop loss: structure, volatility and common mistakes
- Risk-reward ratio, win rate and expectancy: the maths that matters
- MetaTrader 4 vs MetaTrader 5: the real differences
- cTrader and TradingView: the main alternatives to MetaTrader
- How to read candlestick charts (and what patterns can and cannot tell you)
- How to use an economic calendar (without getting caught out by the news)
- Support and resistance: how to draw levels and what they can (and cannot) tell you
- Trend following and moving averages: SMA, EMA, crossovers and their limits
- RSI and MACD explained: what momentum indicators measure and how they are misused
- Central banks and interest rates: why the Fed, ECB, BoE and BoJ move currencies
New in forex
Why spreads widen: news, rollover, thin markets and how to check real spreads
The spread you see at 10am in London is not the spread you get at rollover, on a holiday or in the second after a data release. Here is why, and how to find out what you really pay.
What moves currency prices? Rates, inflation, growth, risk and flows
Exchange rates move when the balance of buyers and sellers shifts. Here are the forces behind that shift, from interest rates and inflation to risk sentiment, flows and politics, and why they work differently over a day and over a decade.
Price action trading: reading structure, pin bars and inside bars without indicators
Price action trading means reading the chart itself, swings, bars and levels, instead of indicators. It strips away clutter, but it also adds a lot of judgement. Here is how it works and where it goes wrong.
Multiple timeframe analysis: higher-timeframe context, entry timeframes and common pitfalls
The same currency pair can be rising on the daily chart and falling on the 15-minute chart at the same time. Multiple timeframe analysis is a way of deciding which picture matters for your trade, and it has traps of its own.
How to compare trading costs: one all-in number per trade and per month
Spread, commission, swap, slippage and fees are quoted in five different units. Here is how to turn them into one figure you can actually compare between accounts and brokers.
Gap risk and weekend risk: what happens when price jumps past your stop
A stop loss is a price you would like, not a price you are promised. Why markets gap, what that does to stops and margin, and how to size positions you hold over a weekend.