Are you looking to start your Forex trading journey but don't know where to begin? The #ForexBasicKnowledgeChallenge is here to help you build a solid foundation in Forex. This challenge will cover everything you need to know about currency trading, from the most important terminology to essential market strategies. Through interactive tasks and engaging content, you'll not only learn key concepts but also gain the practical knowledge necessary for making informed trading decisions. No matter your experience level, this challenge is designed to take your Forex skills to the next level. Join now and kickstart your trading career!Participate in the discussion, win amazing rewards, and follow the official account 【Wikifx Activity】 for more event details and benefits~

Are you looking to start your Forex trading journey but don't know where to begin? The #ForexBasicKnowledgeChallenge is here to help you build a solid foundation in Forex. This challenge will cover everything you need to know about currency trading, from the most important terminology to essential market strategies. Through interactive tasks and engaging content, you'll not only learn key concepts but also gain the practical knowledge necessary for making informed trading decisions. No matter your experience level, this challenge is designed to take your Forex skills to the next level. Join now and kickstart your trading career!Participate in the discussion, win amazing rewards, and follow the official account 【Wikifx Activity】 for more event details and benefits~

Forex trading can seem intimidating at first, but understanding the basics is the key to becoming successful. The #ForexBasicKnowledgeChallenge is designed for anyone who wants to gain a deeper understanding of Forex markets. From the fundamentals like currency pairs, pips, and leverage to more complex strategies, this challenge will guide you step by step. Whether you're a complete beginner or looking to refresh your knowledge, participating in this challenge will boost your confidence and skills. Don't miss this opportunity to join a global community of learners and traders. Start today and become more prepared for your Forex trading journey!Participate in the discussion, win amazing rewards, and follow the official account 【Wikifx Activity】 for more event details and benefits~

Forex trading can seem intimidating at first, but understanding the basics is the key to becoming successful. The #ForexBasicKnowledgeChallenge is designed for anyone who wants to gain a deeper understanding of Forex markets. From the fundamentals like currency pairs, pips, and leverage to more complex strategies, this challenge will guide you step by step. Whether you're a complete beginner or looking to refresh your knowledge, participating in this challenge will boost your confidence and skills. Don't miss this opportunity to join a global community of learners and traders. Start today and become more prepared for your Forex trading journey!Participate in the discussion, win amazing rewards, and follow the official account 【Wikifx Activity】 for more event details and benefits~

#firstdealofthenewyearchewbacca# Zalando has significantly influenced African fashionistas by providing access to European fashion trends. This platform enables African shoppers to explore diverse styles, blending European aesthetics with local culture. It also promotes local designers on a global stage, boosts e-commerce growth, and encourages sustainable fashion choices. Overall, Zalando fosters a dynamic exchange of fashion, empowering African consumers to express their individuality.

#firstdealofthenewyearchewbacca# Zalando has significantly influenced African fashionistas by providing access to European fashion trends. This platform enables African shoppers to explore diverse styles, blending European aesthetics with local culture. It also promotes local designers on a global stage, boosts e-commerce growth, and encourages sustainable fashion choices. Overall, Zalando fosters a dynamic exchange of fashion, empowering African consumers to express their individuality.

Forex trading, also known as foreign exchange or FX trading, is the conversion of one currency into another. FX is one of the most actively traded markets in the world, with individuals, companies and banks carrying out around $6.6 trillion worth of forex transactions every single day. #firstdealofthenewyearaliyu

Forex trading, also known as foreign exchange or FX trading, is the conversion of one currency into another. FX is one of the most actively traded markets in the world, with individuals, companies and banks carrying out around $6.6 trillion worth of forex transactions every single day. #firstdealofthenewyearaliyu

you can exchange currency at banks,authorised money changers,airports and online forex platforms.

you can exchange currency at banks,authorised money changers,airports and online forex platforms.

Fed Governor’s Surprising Remarks, Israeli Airstrikes Kill 77! Gold Prices Surge by $18 – How to Trade Gold On Thursday, January 17, spot gold prices jumped by $18.17 (+0.67%) to $2,714.35/oz, reaching a one-month high. The rally was fueled by: ✅ Dovish Fed comments: Governor Waller hinted at potential rate cuts in March, citing cooling inflation trends. ✅ Weak U.S. economic data: Core inflation missed forecasts, retail sales grew by just 0.4% (vs. 0.6% expected), and jobless claims unexpectedly rose to 217,000. ✅ Falling Treasury yields and USD: The 10-year U.S. Treasury yield dropped to 4.604%, and the Dollar Index (DXY) slid below 109. Middle East Tensions: Israel’s airstrikes on Gaza killed at least 77 people, escalating geopolitical risks and boosting gold’s safe-haven appeal. 💡 Analysts from FXStreet noted strong bullish momentum in gold, with resistance at $2,726 and further targets at $2,750 and $2,790. A break below $2,700 could test support at $2,656 or $2,639-$2,642. Gold remains a hedge against inflation and geopolitical uncertainties.

Fed Governor’s Surprising Remarks, Israeli Airstrikes Kill 77! Gold Prices Surge by $18 – How to Trade Gold On Thursday, January 17, spot gold prices jumped by $18.17 (+0.67%) to $2,714.35/oz, reaching a one-month high. The rally was fueled by: ✅ Dovish Fed comments: Governor Waller hinted at potential rate cuts in March, citing cooling inflation trends. ✅ Weak U.S. economic data: Core inflation missed forecasts, retail sales grew by just 0.4% (vs. 0.6% expected), and jobless claims unexpectedly rose to 217,000. ✅ Falling Treasury yields and USD: The 10-year U.S. Treasury yield dropped to 4.604%, and the Dollar Index (DXY) slid below 109. Middle East Tensions: Israel’s airstrikes on Gaza killed at least 77 people, escalating geopolitical risks and boosting gold’s safe-haven appeal. 💡 Analysts from FXStreet noted strong bullish momentum in gold, with resistance at $2,726 and further targets at $2,750 and $2,790. A break below $2,700 could test support at $2,656 or $2,639-$2,642. Gold remains a hedge against inflation and geopolitical uncertainties.

#FOREIGN EXCHANGE# abbreviation for foreign exchange (Definition of forex from the cambridge Business English Dictionary © Cambridge University press)

#FOREIGN EXCHANGE# abbreviation for foreign exchange (Definition of forex from the cambridge Business English Dictionary © Cambridge University press)

#GEOGE SORO# 1.Geoge soros.Geoge soros,often referred to as the man who broker the Bank of England,is an ionic figure in the world for forex trading.

#GEOGE SORO# 1.Geoge soros.Geoge soros,often referred to as the man who broker the Bank of England,is an ionic figure in the world for forex trading.

the forex market is a 24 hour market but some currency in several emerging markets aren't traded 24 hours a day

the forex market is a 24 hour market but some currency in several emerging markets aren't traded 24 hours a day

#100# lot value in USD=100,000*0.01=1,000.this means that witha trader vulome of 0.01 lot, 9,107 CHF will be bought and 1,000 USD reserved by the broker.

#100# lot value in USD=100,000*0.01=1,000.this means that witha trader vulome of 0.01 lot, 9,107 CHF will be bought and 1,000 USD reserved by the broker.

Beginners can make money in forex trading.but it requires a combination of education, practice, discipline and effective risk management

Beginners can make money in forex trading.but it requires a combination of education, practice, discipline and effective risk management

Mata uang BRICS (Brasil, Rusia, India, China, dan Afrika Selatan) berpotensi memberikan pengaruh signifikan dalam dunia trading, terutama jika negara-negara ini berhasil memperkenalkan mata uang bersama atau meningkatkan penggunaan mata uang mereka sendiri dalam perdagangan internasional. Berikut pengaruh yang mungkin terjadi: 1. Diversifikasi Mata Uang Global Mata uang BRICS dapat menjadi alternatif dari dominasi dolar AS dalam perdagangan internasional. Hal ini akan memberikan lebih banyak opsi bagi negara-negara untuk melakukan transaksi tanpa bergantung pada dolar. 2. Penguatan Posisi Ekonomi BRICS Penggunaan mata uang BRICS dapat memperkuat posisi ekonomi kelompok ini, khususnya dalam perdagangan energi, komoditas, dan produk manufaktur yang signifikan di pasar global. 3. Peningkatan Volume Trading Regional Dengan mata uang bersama atau perdagangan dalam mata uang lokal, transaksi di antara anggota BRICS dapat meningkat tanpa risiko fluktuasi nilai tukar terhadap dolar. 4. Pengaruh pada Forex Market Jika mata uang BRICS menjadi alat pembayaran global, likuiditas dan volatilitas pasar forex dapat berubah, menciptakan peluang baru bagi para trader untuk beradaptasi dengan dinamika baru. 5. Potensi Risiko dan Ketidakstabilan Karena penerapan mata uang baru membutuhkan waktu, stabilitas ekonomi dan politik antaranggota BRICS akan sangat menentukan kepercayaan global terhadap mata uang tersebut. Hal ini bisa memunculkan tantangan bagi para pelaku trading. Dengan implementasi yang baik, mata uang BRICS dapat membawa perubahan besar dalam sistem keuangan internasional dan menciptakan peluang baru dalam trading global. #ProgramInsentif #SharingKeuntungan #SharingStrategi

Mata uang BRICS (Brasil, Rusia, India, China, dan Afrika Selatan) berpotensi memberikan pengaruh signifikan dalam dunia trading, terutama jika negara-negara ini berhasil memperkenalkan mata uang bersama atau meningkatkan penggunaan mata uang mereka sendiri dalam perdagangan internasional. Berikut pengaruh yang mungkin terjadi: 1. Diversifikasi Mata Uang Global Mata uang BRICS dapat menjadi alternatif dari dominasi dolar AS dalam perdagangan internasional. Hal ini akan memberikan lebih banyak opsi bagi negara-negara untuk melakukan transaksi tanpa bergantung pada dolar. 2. Penguatan Posisi Ekonomi BRICS Penggunaan mata uang BRICS dapat memperkuat posisi ekonomi kelompok ini, khususnya dalam perdagangan energi, komoditas, dan produk manufaktur yang signifikan di pasar global. 3. Peningkatan Volume Trading Regional Dengan mata uang bersama atau perdagangan dalam mata uang lokal, transaksi di antara anggota BRICS dapat meningkat tanpa risiko fluktuasi nilai tukar terhadap dolar. 4. Pengaruh pada Forex Market Jika mata uang BRICS menjadi alat pembayaran global, likuiditas dan volatilitas pasar forex dapat berubah, menciptakan peluang baru bagi para trader untuk beradaptasi dengan dinamika baru. 5. Potensi Risiko dan Ketidakstabilan Karena penerapan mata uang baru membutuhkan waktu, stabilitas ekonomi dan politik antaranggota BRICS akan sangat menentukan kepercayaan global terhadap mata uang tersebut. Hal ini bisa memunculkan tantangan bagi para pelaku trading. Dengan implementasi yang baik, mata uang BRICS dapat membawa perubahan besar dalam sistem keuangan internasional dan menciptakan peluang baru dalam trading global. #ProgramInsentif #SharingKeuntungan #SharingStrategi

#firstyearofthenewyearchewbacca# Inflation significantly impacts annual investment returns by eroding the real purchasing power of the returns. Here's how it affects investments: 1. Real vs. Nominal Returns Nominal Return: The raw return on an investment before adjusting for inflation. Real Return: The return adjusted for inflation, representing the actual increase in purchasing power. Real Return = Nominal Return − Inflation Rate Real Return=Nominal Return−Inflation Rate 2. Erosion of Purchasing Power Inflation decreases the value of money over time. Even if an investment provides positive nominal returns, high inflation can result in negative real returns. Example: If an investment yields 5% nominal return and inflation is 3%, the real return is only 2%. 3. Impact by Asset Class Stocks: Historically, stocks outperform inflation in the long run, but in high-inflation periods, market volatility may increase. Bonds: Fixed-income investments are more vulnerable as their fixed interest payments lose value during inflationary periods. Cash: Cash holdings lose value quickly during inflation, as they do not generate returns to offset the rising cost of goods and services. Real Estate: Often considered an inflation hedge, as property values and rental income tend to rise with inflation. Commodities: Prices of commodities like gold and oil usually rise with inflation, making them potential hedges. 4. Inflation-Adjusted Strategies Invest in Inflation-Protected Securities: Instruments like Treasury Inflation-Protected Securities (TIPS) provide returns that adjust with inflation. Diversify Portfolio: Include assets that perform well during inflation, such as real estate, commodities, or inflation-linked bonds. Monitor Central Bank Policies: Interest rate hikes aimed at controlling inflation can impact asset prices and returns. Key Takeaway To preserve wealth, investors need to aim for returns that outpace inflation. Regularly reviewing investment strategies to include inflation-resistant assets is crucial for maintaining real returns over time.

#firstyearofthenewyearchewbacca# Inflation significantly impacts annual investment returns by eroding the real purchasing power of the returns. Here's how it affects investments: 1. Real vs. Nominal Returns Nominal Return: The raw return on an investment before adjusting for inflation. Real Return: The return adjusted for inflation, representing the actual increase in purchasing power. Real Return = Nominal Return − Inflation Rate Real Return=Nominal Return−Inflation Rate 2. Erosion of Purchasing Power Inflation decreases the value of money over time. Even if an investment provides positive nominal returns, high inflation can result in negative real returns. Example: If an investment yields 5% nominal return and inflation is 3%, the real return is only 2%. 3. Impact by Asset Class Stocks: Historically, stocks outperform inflation in the long run, but in high-inflation periods, market volatility may increase. Bonds: Fixed-income investments are more vulnerable as their fixed interest payments lose value during inflationary periods. Cash: Cash holdings lose value quickly during inflation, as they do not generate returns to offset the rising cost of goods and services. Real Estate: Often considered an inflation hedge, as property values and rental income tend to rise with inflation. Commodities: Prices of commodities like gold and oil usually rise with inflation, making them potential hedges. 4. Inflation-Adjusted Strategies Invest in Inflation-Protected Securities: Instruments like Treasury Inflation-Protected Securities (TIPS) provide returns that adjust with inflation. Diversify Portfolio: Include assets that perform well during inflation, such as real estate, commodities, or inflation-linked bonds. Monitor Central Bank Policies: Interest rate hikes aimed at controlling inflation can impact asset prices and returns. Key Takeaway To preserve wealth, investors need to aim for returns that outpace inflation. Regularly reviewing investment strategies to include inflation-resistant assets is crucial for maintaining real returns over time.

#firstdealofthenewyearchewbacca Key Forex traders closely monitor key economic indicators to make informed decisions about currency movements. Here are some of the most important ones: 1. Gross Domestic Product (GDP) Why it matters: GDP measures a country’s economic health and growth. Higher growth rates often lead to stronger currencies. Release frequency: Quarterly. 2. Inflation Rates Indicators: Consumer Price Index (CPI) and Producer Price Index (PPI). Why it matters: Central banks adjust interest rates based on inflation. Rising inflation may lead to higher interest rates, strengthening the currency. Release frequency: Monthly. 3. Interest Rates Why it matters: Higher interest rates attract foreign investment, boosting demand for the currency. Central bank decisions on rates are crucial. Influencing bodies: Federal Reserve (USD), European Central Bank (EUR), Bank of Japan (JPY), etc. 4. Employment Data Indicators: Nonfarm Payrolls (NFP), Unemployment Rate, and Jobless Claims. Why it matters: Strong employment suggests economic health and supports the currency. The U.S. NFP is especially influential in global markets. Release frequency: Monthly. 5. Trade Balance Why it matters: A surplus (exports > imports) strengthens the currency, while a deficit weakens it. Release frequency: Monthly. 6. Retail Sales Why it matters: Reflects consumer spending, a major component of GDP. Strong retail sales support economic growth. Release frequency: Monthly. 7. Central Bank Policy Statements Why it matters: Statements provide insights into future monetary policies, affecting market sentiment and currency demand. Key events: Interest rate decisions, press conferences, and meeting minutes. 8. Manufacturing and Services PMIs Why it matters: Purchasing Managers' Index (PMI) indicates economic activity in manufacturing and services. A PMI above 50 signals expansion; below 50 signals contraction. Release frequency: Monthly. 9. Consumer Confidence Index Why it matters: High consumer confidence leads to increased spending and economic growth, boosting the currency. Release frequency: Monthly. 10. Geopolitical Events Why it matters: Political instability, trade wars, and conflicts can cause significant currency volatility. 11. Commodity Prices Why it matters: For commodity-exporting countries, changes in oil, gold, or other commodity prices can directly affect the currency (e.g., CAD, AUD).

#firstdealofthenewyearchewbacca Key Forex traders closely monitor key economic indicators to make informed decisions about currency movements. Here are some of the most important ones: 1. Gross Domestic Product (GDP) Why it matters: GDP measures a country’s economic health and growth. Higher growth rates often lead to stronger currencies. Release frequency: Quarterly. 2. Inflation Rates Indicators: Consumer Price Index (CPI) and Producer Price Index (PPI). Why it matters: Central banks adjust interest rates based on inflation. Rising inflation may lead to higher interest rates, strengthening the currency. Release frequency: Monthly. 3. Interest Rates Why it matters: Higher interest rates attract foreign investment, boosting demand for the currency. Central bank decisions on rates are crucial. Influencing bodies: Federal Reserve (USD), European Central Bank (EUR), Bank of Japan (JPY), etc. 4. Employment Data Indicators: Nonfarm Payrolls (NFP), Unemployment Rate, and Jobless Claims. Why it matters: Strong employment suggests economic health and supports the currency. The U.S. NFP is especially influential in global markets. Release frequency: Monthly. 5. Trade Balance Why it matters: A surplus (exports > imports) strengthens the currency, while a deficit weakens it. Release frequency: Monthly. 6. Retail Sales Why it matters: Reflects consumer spending, a major component of GDP. Strong retail sales support economic growth. Release frequency: Monthly. 7. Central Bank Policy Statements Why it matters: Statements provide insights into future monetary policies, affecting market sentiment and currency demand. Key events: Interest rate decisions, press conferences, and meeting minutes. 8. Manufacturing and Services PMIs Why it matters: Purchasing Managers' Index (PMI) indicates economic activity in manufacturing and services. A PMI above 50 signals expansion; below 50 signals contraction. Release frequency: Monthly. 9. Consumer Confidence Index Why it matters: High consumer confidence leads to increased spending and economic growth, boosting the currency. Release frequency: Monthly. 10. Geopolitical Events Why it matters: Political instability, trade wars, and conflicts can cause significant currency volatility. 11. Commodity Prices Why it matters: For commodity-exporting countries, changes in oil, gold, or other commodity prices can directly affect the currency (e.g., CAD, AUD).

#TradeSmartPH Many traders lose money by entering trades too frequently, often driven by emotions or impatience.

#TradeSmartPH Many traders lose money by entering trades too frequently, often driven by emotions or impatience.

While economic news events can create huge opportunities, the volatility can result in significant slippage and losses. I suggest less than half of ones usual lotsize should be used when such trades are taken. #TradeSmartPH

While economic news events can create huge opportunities, the volatility can result in significant slippage and losses. I suggest less than half of ones usual lotsize should be used when such trades are taken. #TradeSmartPH

The forex market operates 24/5, allowing traders to engage in currency trading across different time zones. However, this constant availability can lead to overtrading and burnout. #PinoyForexCommunity

The forex market operates 24/5, allowing traders to engage in currency trading across different time zones. However, this constant availability can lead to overtrading and burnout. #PinoyForexCommunity

Studies reveal that over 70% of retail forex traders lose money due to poor risk management, emotional trading, and lack of strategy. #PinoyForexCommunity

Studies reveal that over 70% of retail forex traders lose money due to poor risk management, emotional trading, and lack of strategy. #PinoyForexCommunity

Regions like the U.S. impose strict regulations on forex brokers, unlike others where rules are more relaxed. #PinoyForexCommunity

Regions like the U.S. impose strict regulations on forex brokers, unlike others where rules are more relaxed. #PinoyForexCommunity

While leverage amplifies potential profits, it equally increases risks, making it a common reason for beginner losses. #PinoyForexCommunity

While leverage amplifies potential profits, it equally increases risks, making it a common reason for beginner losses. #PinoyForexCommunity