5 Mistakes Every New Forex Trader Makes
Overleveraging, ignoring the spread, trading the news without context — and how to avoid each one.
Vera explains market-moving events and economic context with clarity, restraint, and a learner-first perspective.
Singapore’s non-oil domestic exports increased 46.2% year on year in August, accelerating from July’s 24.1% rise as electronics shipments surged 131.8%. Enterprise Singapore attributed the strength to AI-related demand for integrated circuits, disk-media products and personal computers, while non-electronic exports grew 12.0%. Shipments rose to nine of the country’s ten largest markets, led by gains to the United States, China and South Korea. Officials noted that a low August 2025 base partly supported the headline increase.
Markets are focused on the Federal Reserve’s upcoming rate decision, with a 25bp hike widely discussed while a larger 50bp move remains a potential surprise. A more aggressive increase could trigger sharp moves across the US dollar, Treasury yields, gold and major forex pairs.
BRUSSELS: European Commission President Ursula von der Leyen said the European Union is opening the door for Canada to become its first “associate member”, a status that is not set out in the bloc’s treaties. Von der Leyen’s announcement is a significant shift in EU policy.
Chinese industrial profits rose 17.6% through July, still strong but slower than the 18.7% increase recorded in the first half.
The Bank of Korea raised its policy rate to 3.00% for a second straight meeting and lifted its 2026 growth forecast.
Nvidia reported $96.2 billion quarterly revenue and guided to $108 billion next quarter as AI infrastructure demand stayed strong.
Iran's rial fell to a record low on informal markets as Washington prepared additional sanctions targeting the country's economic links.
Gold climbed to its highest level since May as a subdued dollar supported bullion ahead of fresh US inflation data and Federal Reserve commentary.
GBP/JPY gains strong positive traction on Tuesday amid broad-based JPY weakness.
EUR/USD often reacts to the gap between expected European Central Bank and Federal Reserve policy—not simply to whether one rate is high or low.
Around a major scheduled release, uncertainty and rapidly changing liquidity can push bid and ask prices farther apart, making execution more expensive.
Changes in expected returns on US and European fixed-income assets can influence currency demand, but the relationship is contextual rather than mechanical.