Articles with the tag "GMI Forex"
Foreign currency exchange and foreign exchange settlement
1. How to remit overseas foreign exchange to our bank We open accounts in various currencies in overseas banks, inform customers of our bank's relevant foreign account opening banks, account numbers and our bank's English name, and ask customers to notify the remitter, inform the remitter, and state the payee, payee, account opening...
Seven Deadly Trading Mistakes in Forex Trading
Fatal Mistake #1: Failing to Stop Losses Quickly Successful trading, like a successful life, is determined by how well we control our losses, not how well we avoid them. If you really want to become a savvy trader, make sure you keep your losses in check.
The Bank of Japan's interest rate hike expectations are heating up, superimposed intervention concerns are pressuring the pound, and the pound is volatile against the yen
The pound against the yen (GBP/JPY) continued its correction in European trading on Thursday, with the exchange rate consolidating around 214.70. The market is reassessing the future monetary policy path of the UK and Japan, while changes in the geopolitical situation and energy markets also...
A picture: The Baltic Sea index has continued to decline, and the freight rates of capesize and super handy ships have weakened
The latest data shows that on January 7, 2025, the Baltic Dry Index (BDI) reported 1776 points, the lowest level since July 11, 2025, a 2.95% decrease from the previous value, and a record high of 12 points in 2025.
GMI foreign exchange observation: Wash's first interest rate meeting is approaching, and market differences are obvious
The new Federal Reserve chairperson Kevin Walsh is about to announce his first interest rate decision in office, and market participants have generally expected that the current interest rate level will remain unchanged at this meeting. The GMI foreign exchange analysis team is concerned that the policy surrounding this outcome...
Analysis of market volatility caused by the housing loan crisis of the Federal Reserve Board of Governors
As an important institution of the US economy, the words and deeds of the Federal Reserve's governors have always attracted much attention. Recently, Federal Reserve Governor Michelle Cook has been embroiled in controversy over the issue of mortgage declarations, triggering market concerns about policy independence.
AUD/USD technical analysis: New risk appetite contributes to further gains
On Wednesday (July 23), the Australian dollar continued to rise against the US dollar (AUD/USD), extending its upward trend to the fourth consecutive trading day. The US government announced a major tariff agreement with Japan (including a 15% tariff on Japanese exports).
GMI foreign exchange trading experience: a model for communicating with experts
Every time I complete a trade, I contact an experienced trader friend and tell him my entry time, position position, entry price, and position squaring price. Usually he will ask me the following questions: 1. What is the maximum loss and the stop loss point is set at...
Gold continues to fall close to the support level, the market is concerned about the central bank's policy trend
On Monday (March 23), during the Asian market session, spot gold continued its volatile downward trend, falling for the ninth consecutive trading day. It is currently trading near $4330 per ounce, down about 3.7% during the day, having previously touched $4319.66.
Introduction to foreign exchange basics: how the balance of payments affects the foreign exchange market
The balance of payments is the comprehensive reflection of all foreign economic and financial activities of a country's residents. This indicator not only reflects the country's status on the international economic stage, but also directly affects the operation of macro- and micro-economies. In essence, the balance of payments situation affects...
Investors must see: Detailed explanation of trading volume changes
Many Huimin investors do not have a clear understanding of the laws of trading volume changes. Mastering the analysis of trading volume is an important skill for looking at the market. An excellent sense of the market comes from the usual learning and accumulation, and it cannot be fully explained in a few words.
The Core of Profiting in Forex Trading: Mentality and Discipline
In the field of financial trading, success is often based on the experience of many explorers, which is a common market cycle. There are many challenges in the market, and some even consider it a testing field. Fundamentally, even experienced...

