Should I combine Forex with other markets?

There are many financial markets in the world as our free course covers, check it out. You can trade currencies, equities, bonds, commodities, or even derivative contracts based on each of these asset classes.

While we focus mostly on Forex, the truth is that all financial markets are interrelated with each other. Rising equities can increase the demand for the domestic currency in order to invest in stocks, for example, which can lead to an appreciation of that currency. Similarly, falling equities can decrease risk appetite among investors and support the price of gold, which is traditionally considered as a safe haven.

Ask your Forex trading coach whether they trade other markets and how to take advantage of the intermarket relationship that exists among different markets.

Leave a Reply

Your email address will not be published. Required fields are marked *