Archive: July 2026· page 2
What is the Bank of England (BoE)?
The Bank of England sets policy for the pound — the world's oldest major central bank, and the one George Soros famously beat in 1992.
What is the European Central Bank (ECB)?
The ECB sets monetary policy for the euro — the second most-traded currency — across 20 countries, which makes it uniquely complex and uniquely important.
What is the Bank of Japan (BoJ)?
The Bank of Japan is Japan's central bank — and for decades its ultra-low rates have made the yen the market's favorite funding currency.
Forex today: dollar extends gains amid tariffs and Middle East tensions, yen and gold fall
The US dollar strengthened significantly, supported by new tariffs and geopolitical concerns, while the yen struggled and gold declined.
What is the spread in forex?
The spread is the gap between the buy and sell price — the built-in cost of every trade, and the reason a position starts slightly in the red the moment you open it.
What is liquidity in forex?
Liquidity is how easily you can trade without moving the price — the hidden force behind your spread, your slippage, and even where price is drawn.
What is ATR (Average True Range)?
Average True Range measures how much a market typically moves — a volatility read that's one of the most practical tools for sizing positions and placing stops.
What is the Federal Reserve (the Fed)?
The Federal Reserve is the US central bank — and because it sets the interest rate on the world's reserve currency, its decisions move every major forex pair.
What is inflation?
Inflation is the rate at which prices rise and money loses value — and the single biggest driver of the central bank decisions that move every currency pair.
What is the Nikkei 225?
The Nikkei 225 is Japan's benchmark stock index — the 225 biggest companies on the Tokyo Stock Exchange, and a live read on the yen that every forex trader should know.
Forex today: dollar strength persists, yen rebounds on BoJ signals, gold climbs on Middle East risk
The dollar retains its strong footing amidst persistent geopolitical tensions, while the yen stages a comeback and gold extends its safe-haven rally.
Risk of ruin: the math that turns $500 into zero
Chasing fast returns doesn't just feel risky — the math of ruin makes a blown account nearly certain. Why survival, not speed, is a trader's real first job.
Middle East tensions drive dollar and yen to extremes; euro holds gains
Geopolitical tensions in the Middle East fueled safe-haven demand, pushing the dollar higher and the yen to multi-decade lows, while the euro held gains on hawkish ECB…
Trade tensions escalate, inflation concerns weigh on gold
US tariffs hit Canada, NZD falls after CPI, and gold dips amid Middle East risks, while JPY shows intraday strength.
Why is the yen falling? The rate gap, the carry trade and the intervention ceiling
The yen keeps sliding while Tokyo warns and the BoJ holds. That isn't a contradiction — it's a rate gap, a crowded carry trade and an intervention ceiling. Here's the framework, not the day's level.
Gold fell while the US struck Iran, and oil jumped above $83
US airstrikes on Iran sent oil above $83 and lifted the dollar, but gold fell instead of rallying. Here is why the safe haven broke.
The dollar smile: why does the dollar rise on both fear and strength?
This week the dollar fell on soft inflation, then jumped on war and a tech selloff — down on calm, up on fear. That isn't a contradiction; it's a shape called the dollar smile. Here's the framework, not just the news.
Why do we call it a 'bull' or 'bear' market?
Two animals decide the mood of every market on earth. The reason comes down to how each one attacks — and to a very old con involving bearskins.
