Ringgit hits five-year high against US dollar in holiday trade
The Malaysian ringgit extended its rally, reaching a five-year high against the US dollar, trading in a narrow range of RM4.04-RM4.05.
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:The luxury of highly leveraged trading with less margin needed than in equities markets is available to traders. However, you must first become familiar with the most popular currency pairs for trading before diving deeply into the fast-paced world of forex.

Forex Trades Five Days a Week, 24 Hours a Day
The luxury of highly leveraged trading with less margin needed than in equities markets is available to traders. However, you must first become familiar with the most popular currency pairs for trading before diving deeply into the fast-paced world of forex.
Here are six of the forex currency pairings that are most often traded.
EUR/USD 1.
The USD/CHF and GBP/USD currency pairs tend to correlate negatively and favorably for the EUR/USD currency pair, respectively. This is a result of the euro's strong link with the pound and the Swiss franc.
2. USD/JPY: Trading the “Gopher”
The next most actively traded pair has traditionally been the USD/JPY. This pair has been sensitive to political sentiment between the United States and the Far East. The pair tends to be positively correlated to the USD/CHF and USD/CAD currency pairs due to the U.S. dollar being the base currency in all three pairs.
3. GBP/USD: Trading the “Cable”
The GBP/USD pair tends to have a negative correlation with the USD/CHF and a positive correlation to the EUR/USD. This is due to the positive correlation between the British pound, the Swiss franc, and the euro.
4. Trading the “Aussie”: AUD/USD
Due to the fact that the U.S. dollar is used as the quotation currency in the USD/CAD, USD/CHF, and USD/JPY pairs, there is a tendency for the AUD/USD currency pair to have a negative correlation with these pairs. The USD/CAD correlation also results from the fact that, being commodities block currencies, the CAD and AUD have a positive correlation with one another.
5. Trading the “Loonie” in USD/CAD
Due to the U.S. dollar serving as the quotation currency in these other pairs, the USD/CAD currency pair has a tendency to have a negative correlation with the AUD/USD, GBP/USD, and EUR/USD pairs.
6. Trading the Yuan in USD/CNY
The exchange rate between the US dollar and the Chinese renminbi, also called the yuan, is represented by the USD/CNY currency pair. It has made up roughly 4% of daily FX deals in recent years.
Recent years have seen a deterioration in the US-China trade relationship, which has given USD/CNY traders several possibilities for speculation.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

The Malaysian ringgit extended its rally, reaching a five-year high against the US dollar, trading in a narrow range of RM4.04-RM4.05.

In a competitive online trading space, few companies can claim a history as long as AMarkets. Started in 2007, this broker has helped over three million clients and built a strong presence, especially in CIS, Asian, and Latin American markets. What makes it appealing is clear right away: very high leverage, many different account types, and an excellent 4.8-star rating on Trustpilot based on reviews from over 3,000 users so far. These features show a popular and seemingly trustworthy trading partner. However, a closer look shows a basic problem that traders may face. Behind the attractive features and positive user opinions lies a major concern: AMarkets works only under offshore regulation. It doesn't have licenses from any top-level regulatory bodies like the FCA (UK), ASIC (Australia), or CySEC (Cyprus). This AMarkets Review 2025 aims to break down this contradiction. We will provide a complete analysis based on verified facts, looking at the broker's safety measures, trading condi

For traders asking, "Is ZarVista legit?", the evidence points to a clear and strong conclusion: ZarVista operates as a high-risk broker. While it shows a modern interface and different account types, these features are overshadowed by major weaknesses in how it is regulated, a history of legal problems, and many user complaints. This article will break down these issues to give you a complete view of the risks involved. Our analysis shows that the chance of losing capital when dealing with ZarVista is very high. The combination of weak overseas licensing and documented problems creates a situation where trader funds are not properly protected.

This article gives you a complete, fair look at ZarVista (now called Zarvista Capital Markets as of September 2024). We'll examine what users say, check the company's legal status, and investigate the biggest problems users report. Our goal is to give you clear, factual information so you can make a smart decision based on evidence, not just marketing promises. We'll look at both the good services they offer and the serious issues you need to think about carefully.