Subscribe To

Price Alert Latest News Economic Calendar News

The best FX trade so far this year is a reminder of the power of fundamental simplicity

The third quarter is winding down and that beckons a look at what has unfolded so far in the forex market in 2023. At the top of the FX-trading charts is long GBP/JPY. It's a classic carry trade and it worked as well as ever this year as a global tightening cycle got underway.Adding fuel to the fire was a series of overshoots in UK inflation. That supercharged this trade in June and has kept it near the highs.What was less-predictable was the stubbornness of the Bank of Japan to holding rates un... Read More

Demo Live Account See Partner Details

Content Topics

Best

Trade

This

Year

Reminder

Power

Fundamental

Simplicity

Forex

Posted: Sep 25 2023, 19:27

Author Name: forexlive

Risk Disclosure:

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
We would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. We and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of us and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. We may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.