07/08 Market report
【 Dow Jones】 【EURO】 【GOLD】 【Crude Oil】
MHMarkets :Former Japanese Prime Minister Shinzo Abe shot
The shooting in Nara, Japan, on Friday has put former Prime Minister Shinzo Abe in a critical state and the entire country is in limbo. Abe was shot and killed at around 11:30 a.m. local time while delivering a campaign speech on the streets of Nara city, east of Osaka. Two gunshots could be heard in a video of the incident broadcast by public broadcaster NHK. Abe suffered a gunshot wound to the right side of his neck, according to the Fire and Disaster Management Bureau of Tokyo's Ministry of I
MHMarkets:U. S. jobless claims rise, Fed governors support a 75-basis-point rate hike in July
The U.S. Labor Department announced on Thursday that initial jobless claims for the week of July 2 rose by a seasonally adjusted 4,000 to 235,000, compared with analysts' expectations of 230,000. In addition, the number of layoffs also soared to 16 in June. month high. The 2022 FOMC vote committee, St. Louis Fed President Bullard said in the early morning that raising interest rates by 75 basis points in July is "significant". Once the federal funds rate reaches 3.5%, the Fed’s can see progress
Pip In Forex Trading, The Relation to Profitability
Pip or price interest point or percentage in point is a measurement tool associated with the smallest price movement any exchange rate makes. Usually, there is four decimal places used to quote currencies.
07/07 Market report
【Dow Jones】 【EURO】 【Gold】 【Crude Oil】
Euro Drops to 2-Decade Low on Recession Fears
Worries about how the European Central Bank will react also undermined sentiment after Germany's Bundesbank chairman Joachim Nagel lashed out at the ECB's plans to try and protect heavily indebted countries from sharp increases in lending rates.
MHMarkets:Donetsk residents urged to evacuate as fighting rages in eastern Ukraine
Ukrainian officials are urging the remaining residents of the Donetsk region to evacuate to safer areas as Russian troops move closer to eastern territory. Commenting on the missile attack in Toretsk on Wednesday, Pavlo Kyrylenko, head of the Donetsk Regional Military Administration, said: "Russia has turned the entire Donetsk region into a Dangerous hotspots.
MHMarkets:U. S. inflation remains high or interest rates will be adjusted to more restrictive levels, European and American discussions will limit Russian oil prices
In the early morning, the Fed released the minutes of the meeting. Among them, most Fed officials believe that growth risks are skewed to the downside, and it may take some time to reduce the inflation rate to 2%. The Fed sees "more restrictive" interest rate levels as possible if inflation persists. Fed officials see a 50 basis point or 75 basis point rate hike at the July FOMC meeting and expect economic growth to rebound in the second quarter.
WIKIFX REPORT: eToro Releases Findings from Consumer Survey
Over 80% of consumers resort to social media for information and investing advice, according to a survey of US adults done by eToro, an online social investment platform with over 27 million registered users.
WIKIFX REPORT: Online crypto brokerage EToro said to terminate deal to go public through a SPAC
Online crypto brokerage EToro and the SPAC that's taking it public are expected to let the deadline for their merger agreement to expire.
WIKIFX REPORT: Is eToro Safe? Licensing & Security Reviewed
With more than 25 million members globally, eToro is a well-known stock brokerage, CFD trading platform, and cryptocurrency exchange. Even if eToro's user base speaks for itself, it takes sense to look into the platform's safety and security before putting your trust in it.
WIKIFX REPORT: Crypto trading platform eToro launches $20 million NFT fund
EToro is launching a fund to support new digital art in a first step toward broader expansion of NFT investment services.
Can Forex Trading be a Full-Time Job?
Much like every highly accomplished singer, athlete, or doctor, a pro Forex trader follows an organized routine. By doing so, they maintain a certain level of discipline during the process. Routines are useful for traders since they enable them to follow a specific path as they plan and trade their trades. The result is a maximum of positive outcomes and a negation of trading mistakes. But how does a day look for a pro Forex trader trading at home? Let's learn it here!!
WIKIFX REPORT: Valbury and Gotrade launched an American-oriented investment platform
Gotrade, a creator of the investment platform targeted at equities listed in the USA, has teamed up with a number of strategic partners to make its platform available to the general Indonesian public.
WIKIFX REPORT: Daily Affiliate Warning – FXOffers fishing for victims for Investingstate broker scam
We were directed to the fake affiliate website FXOffers (www.fxoffers.cc) and its Elite Trading Club campaign today by an email from jana.s@trust-trader.com.
WIKIFX REPORT: Bingbon Adds Ruble, Hryvnia, and Tenge Support in Bid to Expand Geographical Presence
A tie-up between payment processor Advcash and Bingbon will help the social cryptocurrency trading exchange extend its services to Ukraine, Kazakhstan, and Russia through a newly introduced fiat on and off-ramp.
WIKIFX REPORT: Bingbon Inches Closer to Becoming the Top Social Trading Platform
Bingbon, established in 2018, is determined to become the world’s premier platform that combines trading with community, entertainment, and education.
WIKIFX REPORT: Paxful Partners with Bingbon to Expand Fiat-to-Crypto Instruments
Paxful will act as a fiat-to-currency on-ramp for Bingbon, giving its international user base a wide range of payment choices for purchasing Bitcoin.
WIKIFX REPORT: ‘Bingbon No More’—Social Trading Platform Bingbon Successfully Rebrands to BingX
The well-known social trading and cryptocurrency platform Bingbon has successfully changed its brand and organizational structure. The business, now known as BingX, has established a solid reputation as one of the top copy trading platforms in the digital asset sector.
Forex lifestyle: What it takes to be a Pro Forex trader?
Have you ever wondered what it takes to be a full-time pro Forex trader? Is it ever a mystery to you how they’ve achieved consistent success over the years? Before you jump in, be aware that Forex trading involves substantial risks, and you never know how many hours a pro Forex trader spends to win consistently every day/week/month (as appropriate). One thing for sure is that to succeed as a pro Forex trader a routine Forex lifestyle is of utmost importance.
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