One of the most popular forex trading approaches is trading economic news. The US Non-Farm Payrolls and GDP figures tend to elicit big FX market reactions, particularly if they depart dramatically from previous forecasts. Affects GDP and non-farm payrolls on the currency market
To now, the industry has had an intriguing 2022, with markets cooling in reaction to COVID and ongoing global unrest fueling volatility. We chatted with David Bily, the founder of Moneta Markets, about the year thus far and the broker's most recent advancements.
OctaFX, a global Forex broker, has announced the introduction of 25 new cryptocurrencies pegged to the US dollar, which will be accessible for trading on its platform on March 14, 2022.
If you want to be a great day trader, you must choose a trading platform that is reliable, adaptive, and responsive, allowing you to complete your research and execute your trading strategy in the best possible way, allowing you to make better and more informed trading decisions.
The generation born in the aftermath of the 2008 Global Financial Crisis and the present pandemic has a new outlook on money. More than 41% of millennials and 46% of Gen Zers are anxious about their financial future as a result of the pandemic.
FXDD, a well-known Forex firm, has introduced what might be a game-changing product. The business has bridged the previously existing gap between the OTC market and the Exchanges.
As we reach the second quarter of 2022, a number of high-level topics compete for investors' attention. Broad risk trends' durability, a very hawkish push from the world's key central banks, rising inflation, and Russia's conflict on Ukraine all have a big influence on global market bearings.
The Norwegian Krone tends to strengthen against the Euro when crude oil prices rise. Norway exports a lot, having a current account surplus of over 6% of GDP over 40 years. Energy exports to the Eurozone account for most of this prosperity.
I normally tackle these top trade episodes methodically. I've devised an approach that works for me, focusing on FX. With FX, I normally deal with major pairs like EUR/USD or AUD/USD. In many cases, I'm trying to minimize risk while maximizing exposure. Since a result, I often look to cross pairs for top trades, as strong themes may occasionally translate into longer-term chances in a cross. Consider the GBP/JPY rate from last year's fourth quarter.
The first week of April has a light economic calendar, but global "high-rated" news may drive volatility. The March US ISM Services PMI and the March FOMC meeting minutes will be release. Finally, the Bank of Canada's next publication of labour market data should underline the need to maintain hiking rates.
The Japanese yen fell overnight as US markets gained. After the Wall Street rally, the tech-heavy Nasdaq100 Index (NDX) rose 2.01%. Twitter shares rose over 27% after Tesla CEO Elon Musk disclosed his controlling stake in the company in an SEC filing. Monday, APAC equities were mostly higher.
There are various types of forex traders, each with their own style. Whether you like day trading or position trading, choose the right approach for you will boost your chances of success. Discover the numerous types of FX traders that work in the world's largest market.
It is hard to forecast the role of the US dollar in the global financial system in the second quarter of 2022. On the one hand, traditional risk assets have slowed the flow of a larger-scale collapse, while interest rate expectations have risen.
The usage of a trading checklist is a crucial part of the trading process since it helps traders stay focused, stick to their trading plan, and acquire confidence. Keeping a trading checklist offers traders with a list of questions to address before finalizing transactions.
Ang EUR/USD ay bumagsak sa ibaba 1.1000 habang binabago ng Russia-Ukraine war escalation ang pangamba ng recession sa Europe
European markets began the week cautiously optimistic, as investors weigh the possibility of more sanctions against Russia as evidence of widespread atrocities against civilians, as well as other war crimes, surfacing in the areas around Kyiv.
Ipino-promote ng AMF si Jessica Reyes bilang Direktor ng Asset Management Regulation Division
Mas gusto ng maraming mamimili ang mga pagpipilian sa pagbabayad sa online kaysa sa mga bank card dahil mas mahusay ang mga ito
WikiFX just uncovered the LinkedIn profile of Nicola Greenwood, an operations manager with over ten years of experience, who has been engaged as Custody Manager by CMC Markets, a big online trading platform based in London.
Investing in a company's shares might result in total loss (assuming no leverage). Investing in a great company may more than quadruple your money. For example, CMC Markets plc (LON: CMCX) has seen its share price rise 148% in three years. That type of return is rock solid. It has down 2.4% in the last week.