Oil prices settle higher on hopes of China demand rebound
Oil prices rose to their highest in two on Tuesday in choppy trading after China posted weak but expectation-beating annual economic growth data and on hopes that a recent shift in its COVID-19 policy will boost fuel demand.
Tesla needs to start acting more like Toyota and GM if it really wants to win the electric car race
Elon Musk has huge aspirations for Tesla — like selling a staggering 20 million cars in 2030 (the equivalent output of Toyota and Volkswagen combined) and making the company worth trillions.
Texas Instruments turns to long-time veteran in CEO transition amid chip slump
Texas Instruments Incorporated engages in the design, manufacture, test, and sale of analog and embedded semiconductors, which includes industrial, automotive, personal electronics, communications equipment, and enterprise systems. Texas Instruments Incorporated (NASDAQ: TXN) is ushering in a new CEO amid a significant correction in the semiconductor industry, and handing the reins to the 24-year company veteran may help smooth the transition, according to analysts at Stifel.
Genesis Files for Chapter 11 Bankruptcy in the Southern District of New York
Crypto firm Genesis files for Chapter 11 bankruptcy in Southern District of New York, with estimated liabilities of $1 billion to $10 billion and estimated assets of $1 billion to $10 billion, according to a filing.
European Interest Rate Expectations are High, Euro Returns to Strengthen
The European Central Bank (ECB) has announced a new jumbo hike of interest rates in a bid to bring down record inflation in the eurozone. Before that, The euro continued to perform well in the market. It was buoyed by expectations of a rate hike for the next policy meeting of the European Central Bank (ECB).
EUR/JPY Price Analysis: Bulls reclaim the 20/200-DMAs, eyeing a weekly close above 140.50
EUR/JPY - This is the forex quote for the Euro vs. Japanese Yen exchange rate. EUR (the 'base currency') is quoted in terms of JPY (the 'counter currency'). The Euro (EUR) rallies sharply on Friday, ahead of the weekend, as the Japanese Yen (JPY) weakened following the Bank of Japan’s (BoJ) monetary policy meeting, with the BoJ resolute in keeping its dovish stance, and the Yield Curve Control (YCC).
Canadian Dollar Update, January 20, 2023 – Canadian dollar steady
The Canadian dollar consolidated overnight, opening in New York where it closed on Thursday.
BitForex Launches Frax Share (FXS) at 11:00 on January 21st, 2023 (GMT+8)
BitForex exchange provides a safe and transparent environment for staking coins, various altcoins and perpetual contracts, and spot trading. As part of their services to their users, they publically announced the listing of Frax Share (FXS) on BitForex. The details are listed below - Happy trading!
Australian Dollar Bright Start in 2023
The Australian dollar projected through the first week of the year with an average daily range over two percent on each active trading day. After all the noise, it finished around one percent higher for the week.
AUDJPY Analysis Post BOJ Yen move
In this update, analysis of the daily AUDJPY was made after the BOJ left the yield curve as is after last month’s shock adjustment. The market may have been looking for further moves last week, which might be why we observed heavy selling on the Japanese Yen.
Apple wins appeal to keep $308 million U.S. patent verdict at bay
A U.S. appeals court on Friday affirmed a decision to throw out a $308.5 million jury verdict against Apple Inc (NASDAQ:AAPL) for allegedly infringing a patent related to digital rights management.
Recognize How to Use Technical Analysis Correctly
The forex is the biggest instrument of infestation among other instruments. Therefore, the price movement will change easily.
01/27 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Claudio Gatta joins FPG to push European expansion
ASIC Regulated multi-asset broker - FPG onboards Claudio Gatta to expand its European markets
How to Use Fundamental Analysis and Success Like a Professional Trader
The forex change can be influenced by some factors. So, traders must know about those factors to know the strengths and weaknesses of currency in one country.
01/26 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
4 of Forex's Richest Traders, Proof Forex is Profitable
Some people have been professional traders and they get the highest profit. So, they are being the richest forex trader. It is proof that this business is profitable.
Stock Trading – Why Trade Stock CFDs?
Over the past decade, this type of trading has become increasingly popular throughout the world, especially among newcomers. To illustrate, a stock trader can only profit if the price of shares or stocks rises. Conversely, with stock CFDs, traders can also make a profit by selling shares when they predict a company's stock value is going to fall.
01/25 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
FPG now offers 24/7 Crypto Trading with Leverage upto 1:100
Regulated broker FPG is now offering 24/7 crypto trading with leverage upto 1:100
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