WCG Markets:2023-01-04
There are two probably in the business, those are profit or loss. So, traders should know about it to minimize bankruptcy that will happen suddenly.
The dollar shook sharply against the yen early in Asian trading on Tuesday, January 3, once hitting a near five-month low near 130.53. The view that the Bank of Japan will change its low interest rate course is being pursued, with the BOJ considering raising its inflation forecast and expecting to move closer to its 2% target in fiscal year 2024, according to Nikkei.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
On Friday, December 30, investors weighed the prospect of continued Fed tightening and the impact on the economy, the dollar index continued to fall, hitting a new six-month low, closing down 0.47% at 103.49. The dollar index narrowed its annual gain to 8.1%.
WCG Markets:2023-01-03
The economic cycle today is unstable. So, many people seek side income and build the business. One of the businesses is the forex business. Therefore, a lot of people become new traders.
This article will give information about how to get success in forex trading. Especially how to get profit easily. It is because fewer traders know about it.
Every forex change will be represented by a graphic. It is like an indicator to read forex patterns about price conditions. So, traders will know about the market condition.
In the Forex world you would always wonder if you can use an ECN account instead of a Standard or Cent account. First, what is an ECN account? A Real ECN account is a pure order-matching execution system that charges a premium commission per trade, rather than causing the raw spread to artificially inflate in the natural order-matching process. With this type of account, you get access to more reliable and cost-effective trades.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
At the beginning of the Asian market on Friday (December 30), the US dollar fluctuated in a narrow range and is currently trading near 104.01. The US dollar index fell 0.5% on Thursday. Investors were nervous at the end of the year. The initial optimism about the reopening of Asian powers gradually faded.
Goals are an important part of achieving success in anything, forex trading included. However, goals can be tricky because people usually set them too high, out of the realm of what’s realistically achievable in an acceptable amount of time.
Therefore, traders should know about some facts in this trading. Traders should have a mindset to know how to run this business. It is needed to make a decision.
The U.S. dollar edged slightly lower on Thursday in reduced European trading, as the U.S. and Italy joined a list of countries to require COVID-19 testing by incoming travelers from China.
BitForex is one of the leading cryptocurrency exchanges in the world. By providing a wide range of trading products, which includes: spot trading, margin trading, and derivatives. BitForex constantly lanuch new features and products by adapting to the user needs.
On Thursday (December 29), the US economic data failed to strengthen the Fed's tightening expectations, and the dollar index fell below the 104 mark again, closing 0.47% lower at 103.97. After the US initial jobless claims data was released, the yield of 10-year US Treasuries increased its decline, falling from 3.89% to 3.82% within the day; The yield of two-year US bonds rose slightly, rising to 4.39% as high as possible. As of the closing of US stocks, the trading volume was around 4.37%.
WCG Markets:2022-12-30
The performance of almost every asset class has been miserable in 2022, except for the United States dollar. Unlike the lackluster returns of stocks, bonds, real estate, and crypto, the USD has fared much better – and the only beneficiaries are international traders – boosting its value. With all the uncertainties investors face today, many new investors and traders have begun to invest in currencies like USD, as it provides both long-term and short-term returns on investment.
Seeking the perfect time to enter stock trading? History says December is the perfect month because of Santa! Learn more