What is a meme stock?
A meme stock refers to the shares of a company that have gained a cult-like following online and through social media platforms. It also an equity that experiences a sudden surge in popularity after retail interest in it burgeons overnight, owing to related memes that go viral on social media and discussion platforms such as Reddit.
US: August CPI to show consumers received further relief – Wells Fargo
On Tuesday, key inflation data is due in the US. The August CPI print will be watched closely by market participants ahead of the next FOMC meeting to be held September 20-21. According to analysts at Wells Fargo, the CPI will show a decline of 0.2% in August, on the back of a further plunge in gasoline prices.
Shopify gains a sign of things to come?
Shopify is an all-in-one commerce platform that makes it easy to launch your dream business and start selling to your customers, wherever they are.
Realistic goal for a Forex Trader
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.
RBA sticks to the script but is not on a pre-set path
The RBA hiked by 50 bps as expected on Tuesday this week to 2.35 but stated that it is not on a pre-set path. The RBA is trying to balance the timing of an economy that it sees slowing at some point in the future. The key focus remains for the RBA on household spending and it is uncertain about how that will react to the combination of higher interest rates and the highest inflation Australia has seen since the 1990s.
NZD/USD aims for gains over 0.6090 on weaker-than-anticipated Chinese inflation figures
NZD/USD refreshes daily high, inches back closer to mid-0.6100s amid weaker USD. NZD/USD catches fresh bids on Monday amid the prevalent USD selling bias.
WIKIFX REPORT: NY Fed: 1-year consumer inflation expectations fall to 10-month low of 5.75%
U.S. consumers' inflation expectations slid further in August as gasoline prices extended their steep decline from June's record high, a development likely to be welcomed by Federal Reserve policymakers weighing how big an interest rate hike to deliver next week.
WIKIFX REPORT: JPY hits 20-year low
The yen hit its lowest level against the dollar in two decades on Wednesday, extending recent falls as the gap widens between Japan’s ultraloose monetary policy and Fed tightening in the United States.
WIKIFX REPORT: How to read forex trading charts
A chart, or more specifically, a price chart, happens to be the first tool that every trader using technical analysis needs to learn. Charts are the main tools for technical analysis. Charts are using to plot a sequence of prices and price movements of an asset on certain of duration.
WIKIFX REPORT: GBP/USD prints fresh weekly highs above 1.1700
• UK growth positive in July, but below expectations. • Attention turns to US inflation numbers. • GBP/USD up for the second day in a row, tests the 20-day SMA.
Become a Forex Currency Trader is not as Easy as You Thought
A currency trader or also known as a foreign exchange trader is a person who spends a lot of time in the world of foreign currencies.
Mohicans markets：Markets Await September Meeting
In the Asian session on Thursday, September 15, spot gold in the pivoting point 1698.78 further lower, and the primary support focus on 1683.96; spot silver fell below the pivoting point 19.54 after a small rebound, so must pay attention to whether it can return to the pivoting point above; WTI crude oil tested the pivoting point 98.54 after upward approaching the first resistance 89.16; the U.S. dollar index rallied back, erasing most of the intraday.
Market Chaos to Continue? Date: September 15th
This week has been a volatile one from forex to commodities. Tuesday’s CPI and Wednesday’s PPI reports told traders that US inflation is on the march (again), and interest rates are heading higher. Will the chaos continue?
Don't be Trapped in a Bearish Market, You Must Take This Way
The condition forex market can change every time if some factors influence it. So, traders should know it deeply. Besides that, traders will know the analysis correctly.
Mohicans markets：Focus on the U.S. Employment Data
On Wednesday, spot gold oscillated around $1,700 during the day and fell below the $1,700 mark overnight, eventually closing down 0.27% at $1,697.42 per ounce; spot silver diverged from gold, eventually closing up 1.59% at $19.63 per ounce.
WIKIFX REPORT: Forex traders must know about Forex Signals Introduction to Forex Signals
Forex signals serve to determine the right forex trading opportunities at the right moment.
WIKIFX REPORT: CAD unfazed post-BoC meeting
CAD is the ISO 4217 currency code for the Canadian dollar - the official currency of the country of Canada. Currency Name:Canadian dollar. The Bank of Canada hiked by 75 bps to 3.25% as expected on Wednesday this week and is still assessing how much further rates will need to go in order to return inflation to target.
WIKIFX REPORT: [Market Morning] Gold Fell Below the 1710 Mark, US Bond Yields Rose Again
Gold yesterday settled down by -0.3% at 50281 as the dollar index gained further ground above the 110 mark, reaching levels not seen since June 2002, as investors brace for more interest rate hikes from the Federal Reserve. Traders' focus shifts to the European Central Bank's rate action when it meets on Thursday. The market also expects a big interest rate hike from the U.S. Federal Reserve in its Sept. 20-21 policy meeting.
Knowing Lot and Pip Calculator Carefully Before Trading
Beforehand, traders should know the definition of PIP and lot. PIP is the point in percentage in forex while Lot is the unit count of forex for contract trading.
Mohicans markets：Rate Hike Expectations Intensify, And Focus on the Evening EIA Data
On Wednesday, September 14, the CPI data released last night hardly made a radical change in the pace of Fed rate hikes, but the negative fundamentals still kept gold under pressure below 1710. Crude oil is still dominated by supply and demand with stronger support, and tonight’s EIA data may further disrupt the oil market. This breakdown in CPI expectations also hints at why the dollar has remained strong recently.
Latest News
Will Gold Prices Continue to Rise Due to Trump’s Tariffs?
WikiFXMiami Firm Owner Pleads Guilty to $6M Ponzi Scheme Fraud
WikiFXeToro Files for IPO with $5 Billion Valuation on NASDAQ
WikiFXNBI Cebu Arrests Forex Trader for Illegal Investment Solicitation
WikiFXPU Prime's "Feather Your Trades" Contest! Begin
WikiFXIs FizmoFX a Scam? Fraud and Account Suspension of Traders
WikiFXIG Japan Extends US Stock CFD Trading Hours in 2025
WikiFXALERT! Warning against Livaxxen
WikiFXWhich Zodiac Sign Makes the Best Trader?
WikiFXBOJ to Announce Policy Decision This Week, Market Bets on a Rate Hike
WikiFX