China has the second-largest economy in the world, this fact underlines the potential of the local economy. For the last several decades, China enjoyed uninterrupted economic growth. Once agrarian society became the world’s economic powerhouse. It is essential to mention that China is largest country in the world when it comes to the size of …
The cryptocurrency market is evolving, and it means that companies are ready to invest in crypto-related businesses. It makes sense as more and more people become crypto owners. Also, the information about the cryptocurrencies is available in many languages. It is not surprising that the number of cryptocurrency users continues to increase as it has …
The Japan yen fought a good fight last week’s Friday, but that doesn’t mean it gained altitude. On the contrary, it, unfortunately, fell against other currencies. JPY traders didn’t expect that the Japan yen contract will gain despite its fall against other currencies in forex sessions. News from the Japanese consumer inflation rate weighed in …
The Japan yen struggles to hold on to its ground in today’s sessions as other currencies gained altitude against it. Meanwhile, the yen’s futures rose this Friday’s trading despite inflation slowing down. The USD JPY trading pair inches slightly down by 0.03% or 0.03 points in sessions. The pair currently trades for ¥108.62 a tad …
Japan Yen Struggles to Hold on to its Gains | Wibest Read More »
Gold and silver prices went down in today’s trading sessions against several geopolitical and economic news. The markets are currently busy taking in the news on the US-China trade war and Brexit negotiations. The US gold contract fell 0.30% or 4.50 points this Friday’s trading. Spot gold prices currently trade for $1,493.80, edging lower from …
Gold and Silver Prices Contract on Geopolitical News Read More »
The trade war between the U.S. and China started a year ago. However, the first signs of the trade war started earlier as discontent was growing for years. The current U.S. President Donald Trump was not happy with U.S.-China relations even before he became the president. His opinion was that China was mistreating the U.S. …
Cryptocurrencies step-by-step are becoming part of everyday life. It is not surprising that not only private but as well as governmental organizations started to embrace the digital currencies. The cryptocurrency market is evolving, and one of the latest examples comes from the U.K., more precisely from Wales. The government of Wales decided to allocate funding …
In the modern world, the economy plays a crucial role as thanks to globalization; companies around the world can export their products. However, as the level of cooperation is increasing, it also creates some problems for developing countries. There are many factors that can influence the local as well as the global economy. The latest …
The International Monetary Fund and global growth Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDUSD The pair has been trading in the red in the previous three sessions, with prices going below the 50-day moving average. This indicates a generally bearish sentiment for the pair. Prices have climbed …
Daily Market Charts and Analysis October 16, 2019 Read More »
Thanks to various private and governmental organizations world has become a global village. It means that people from different countries have the opportunity to export or import products from any place in the world. The health of the global economy is an essential factor as it highlights the main achievements as well as the problems. …
The UK currency and its futures received a much-needed boost in today’s session after French politician, Michel Barnier, stoked Brexit hopes. This morning, the EU’s top negotiator spoke to the press upon his arrival at the gathering of European Union leaders in Luxembourg. Michel Barnier gave reporters a positive comment about the possibility of a …
UK Currency Jumps After EU Chief Negotiator News | Wibest Read More »
Digital currencies are no longer considered as something unusual as more and more people are investing in cryptocurrencies. However, authorities, even in the most democratic countries in the world, can’t agree on how to deal with Bitcoin and other currencies. Nevertheless, the market is expanding, and it means that ignoring this trend is longer possible …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURJPY The pair managed a breakout above its trading channel in the previous three sessions, although after the breakout the trading volume has decreased, with the direction now biased on the downside. The price …
Daily Market Charts and Analysis October 15, 2019 Read More »
The USD to CNY exchange rate fell in today’s sessions as the Chinese yuan strengthened. Both currencies gained against their other pairs in Monday’s trading. However, when paired together, the greenback didn’t stand a chance against the yuan as the USD to CNY edged lower. Ideally, traders would expect the yuan to lose after …
USD to CNY Falls Despite Chinese Data | WibestBroker Read More »
Malaysia has the third-largest economy in Southeast Asia. It is an exciting fact that Malaysia is a constitutional monarchy. The economy of this Asian country was rapidly developing since gaining independence in 1957. Right now, it has not only one of the largest economies in the region, but its economy is among the top forty …
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