Weekly News 2022/01/31-2022/02/04
Index / Stocks / Crypto/Metals / Commodity & Futures / Forex
Nasdaq Plunges after FB Results; BoE and ECB Deliver Policy Results
Sentiment deteriorated yesterday, following weak earnings and a slight uptick in the US dollar. Late Wednesday, the Metaverse company, known before as Facebook, reported disappointing earnings results, resulting in a massive 25% plunge in the company's stock price in the after-hour trading. Because Facebook is one of the biggest companies globally, the magnitude of the decline was enormous
Volatility Continues Ahead of NFP Data
Market movements remain elevated as rising yields put pressure on most financial assets. Later in the day, the US labor market data for January are due. The non-farm payrolls number is seen dropping to 150,000 from 199,000 in December. As a result, the unemployment rate is expected to stay unchanged at 3.9%.
Standard Account Vs Cent Account: What’s Best for You?
Opening your first forex account is among the most important decisions you can make as a beginner trader, and you should not take it lightly. It is common for beginners to choose an account type without fully understanding its features. And for others, choosing from so many account types can be overwhelming since the forex market is so large. The most commonly available forex accounts include Standard, Cent, and ECN accounts. Our focus here will be on the Standard Account Vs Cent Account.
02/04 Market report
EURUSD / GBPUSD / BITCOIN / USOIL
Bullish and Bearish Markets: What's the Difference?
In trading language, bullish and bearish terms describe market trends that drive prices in financial markets. Generally speaking, markets can move in three directions: up, down, or sideways. And you’ve probably heard that the market is either bearish or bullish based on price movements. Both are used to describe rising or falling markets. But what does this mean?
02/03 Market report
EURUSD / XAUUSD / USDJPY / USOIL
What is Forex Drawdown and how to control it?
The foreign exchange market comprises a multitude of factors that demand careful consideration. In a world where more than 6.6 trillion dollars are traded each day on the forex market, it is essential that forex traders possess a thorough understanding of all the terms associated with forex to stay on the safe side of the shore. Forex Drawdown is one of those important technical terms associated with forex trading.
First Anniversary for Biden Administration, Which unresolved problem remains?
On January 20, 2021, US President Biden was sworn in at the White House. So what has changed in the United States during the past year? The menacing new crown pandemic continues to spread, the US's recovering economy is facing unprecedented high inflationary pressures, and the rift between the political parties has not been repaired
Watch To See if the Fed Will Scale Back Sooner
The Fed's first interest rate meeting this year was held on Tuesday, and the results of the two-day meeting will be announced on Wednesday.
Countdown to the BoC Rate Decision, When To Initiate Rate Hikes Will Determine the Direction of the
On Wednesday, the Bank of Canada will announce its interest rate decision at 23:00. At this meeting, the market expects a 70%-75% probability of raising interest rates by 25 basis points. However, Bloomberg Economists expect the Bank of Canada to keep rates unchanged. Analysts see the case for the first-rate hike as solid and likely to send a clear signal of imminent action from the central bank. Therefore, investors are most concerned about whether Canada's interest rate hike cycle will start at this meeting
What if You've Invested in Cryptocurrencies One Year Ago?
2021 was labeled as the year of cryptocurrencies as crypto investment became more of a mainstream. Digital coins, like Bitcoin and Ethereum, hit all-time highs and made millionaires of investors around the globe. The crypto market total cap surpassed $3 trillion for the first time, thanks to growing popularity of digital assets. The emergence of new digital assets, like the non-fungible token or NFTs, also contributed in bringing crypto trading to the mainstream.
(OP)inions Australia ends QE
Australia ends QE
Top 10 Most Traded Cryptocurrencies
Cryptocurrencies are gaining higher popularity with the accelerating investment interest. The term crypto refers to the complex cryptography that enables the development and processing of digital currencies as well as their transactions through decentralized systems, known as Blockchains.
Difference Between Trading Crypto CFDs and Crypto Assets
The meteoric growth of cryptocurrencies over the past few years had a profound impact on global financial markets. Alongside the progress of cryptocurrencies using blockchain technology, many investors and trading professionals are diversifying their portfolios and using Cryptocurrency Contracts for Difference (CFDs) in order to generate returns without actually owning any digital coin or assets.
Weekly News 2022/01/24-2022/01/28
Index/Stocks /Crypto /Metals /Commodity & Futures /Forex
(OP)inions Apple’s new service
Apple’s new service
USDCHF Cycle Sub-Waves Y And X Could Be Equal
The current USDCHF formation indicates that at the end of November, the market completed the actionary wave y of the cycle degree, followed by a cycle intervening wave x.
Intraday Market Analysis – USD Rally Sees Brief Pause
The Japanese yen inched higher after January’s Tokyo CPI beat expectations. The US dollar found support in the daily demand zone around 113.50. And that is a sign that upbeat sentiment in the medium-term remains intact
01/28 Market reprot
USA30 / USDJPY / EURUSD / XAUUSD
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