Q: Cheery Christmas and New year to all.
I'm learning about forex and the book that I am reading (Forex for Dummies) mentions rising 10-year direction bond yields as a possible indicator of a currency that may
A: Essentially, yes. Perceptions of a "rising restraint" will tend to move capital out of relatively low-yield bonds and into equities. Thus, the thongs yields rise because demand for them slackens.
From folio 55 in Currency Trading for Dummies, I broke down the huge formula to:
for great postion:
((x - y)bD)/365
where x = long side interest rate in decimal
y = short
I am active to be 18 in 6 days. I have a practice account with FX Express. I've even bought Currency Trading For Dummies to learn what I impecuniousness to know about trading currencies. With my practice account which is