Beginner Forex Strategy: 3 Ways to Minimize Trading Risk

The Foreign Exchange Market is extremely volatile, and it’s impossible for day traders to accurately gauge the future direction of the markets. That’s why forex trading can be so high-risk. But fortunately, day traders can and should take steps to minimize their risk. How is it done? First, it pays for beginning traders to learn the markets, develop a sound strategy and trade slowly as they dive into forex trading. That sets a solid foundation for day-to-day trading. But beyond that, there are other critical steps traders must take to…

The Basics of Currency Trading

4 Intro Steps to Currency Trading Currency trading takes place on the foreign exchange market, and signifies the practice of buying and selling currencies. Accurate speculation of currency value is vital for effective trading. Venturing into the foreign exchange market can be a highly lucrative exercise, but in order to make a profit and protect your investments, it is necessary to develop a thorough understanding of trading on which to build your venture. Here are some of the basics you’ll need to know. 1. Forex trading Currency trading is also known…

The Flow-on Effects of New Zealand’s Interest Rate Cuts

RBNZ cut Kiwi rates You might have heard a lot of chatter regarding the New Zealand Reserve Bank’s decision to cut interest rates in New Zealand. This obviously has an impact on the economy, but sometimes it can be difficult to cut through the financial talk to get a clear picture. Here’s our take on what happened and what it means for the future. What actually happened? On June 11 2015, the Reserve Bank of New Zealand announced that it was reducing the Official Cash Rate (OCR) by 25 basis…

Best Ways to Invest Your Tax Refund

Your Tax Refund What have you got planned for this year’s tax refund? Maybe you’ll pay a few bills, or splurge on a holiday with the family. These are both great options, but have you ever wanted to do something more with your money? Take advantage of this savings stash that you receive each year and put it to good use – here are a few ways you can invest your tax return that you might not have thought of. Further education Investing in upskilling or refreshing your knowledge could…

The Best Ways to Network as a College Student

Regardless of how talented you think you are as a college student, networking is still important if you are to land the perfect job at the perfect time. With no intention to downplay the necessity of working hard and getting good grades in college, many job search experts suggest that networking is the single most important job seeking strategy for college students to help them gain meaningful employment after they graduate. Here are some great easy-to-use networking strategies that you can utilize as a college student to put yourself out…

How MBA Grads Can Start Careers in International Commerce

Here is a piece of great news for graduates with a MBA – there is no need to confine your career options to the public and private sectors of your country. You have the option of pursuing a career in the exciting field of International Commerce. International Commerce is a growing field that involves the buying and selling of goods between sovereign nations. There are several promising career options available in this field. Career Options Here are some career fields for you to choose from that are available in the…