Thu, April 25, 2024

Forex trading

Australian and New Zealand dollars hit 10-week highs

A Combination of Factors Helped to Boost the U.S. Dollar 

The world’s most famous currency the U.S. dollar rose on Wednesday amid uneasiness that bursting energy prices could trigger inflation and interest rate hikes, and as traders awaited U.S. jobs data for clues on the timing of the central bank’s policy tightening. New Zealand’s central bank lifted its official cash rate for the first time …

A Combination of Factors Helped to Boost the U.S. Dollar  Read More »

Mainland Chinese stocks on Thursday

How do banks trade in Forex? Can you use their strategy?

Large banks constitute a large number of transactions in the currency market, but how exactly do they do it? How do these large financial institutions trade, and what goals do they hope to achieve through these institutions? Can understanding their strategies and long-term goals help small traders such as retail traders find profitable strategies? These …

How do banks trade in Forex? Can you use their strategy? Read More »

Weekly Overview: Forex, Stocks, Crypto, Commodities

Weekly Overview: Forex, Stocks, Crypto, Commodities 2021

Statistics in economics change every day. Our weekly overviews will help you determine the approximate market updates for your future investments and actions. So, let’s discuss how forex, stock, crypto, and commodity markets performed this week. Forex weekly overview Let’s begin with the forex market. The U.S. dollar began to approach its highest level this …

Weekly Overview: Forex, Stocks, Crypto, Commodities 2021 Read More »

How can you use Fibonacci retracement in Forex trading?

How can you use Fibonacci retracement in Forex trading?

A Fibonacci retracement is a popular technical analysis method for the possible future price predictions in financial markets. If appropriately used, Fibonacci retracements and ratios can help traders determine upcoming support and resistance levels based on past price movements. Leonardo Fibonacci was a mathematician born in 1170 AD. From his work, we got the Fibonacci …

How can you use Fibonacci retracement in Forex trading? Read More »

Weekly overview: Forex, Stocks, Crypto, Commodities

Weekly overview: Forex, Stocks, Crypto, Commodities Sep 24

Global economics is quite challenging to predict. The major events happening worldwide play a crucial role in forming economics. In our weekly market overview, we will discuss these major influencing factors and price movements that might help you shape the right expectations for the future of Forex, Stocks, Crypto, and Commodity markets. How did the …

Weekly overview: Forex, Stocks, Crypto, Commodities Sep 24 Read More »

eBokk reading

eBook Importance in Trading – The FinancialCentre

The FinancialCentre, specifically for investors, has an ebook department. Why do you need ebooks? The realm of real estate is full of surprises, pleasant or unpleasant. Access to documents is required at all times. The total space that the company offers is multifunctional. The ebook section on the website will allow you to make your …

eBook Importance in Trading – The FinancialCentre Read More »

Fx NextGen review: Have they gained our trust yet?

Fx NextGen review: Have they gained our trust yet?

Introduction: What is FX NextGen? FX NextGen is a newly established forex and CFDs broker based in Georgia, the country. When you decide to step into the forex market where your competitors are everywhere, your priority should be building a well-designed website with detailed information regarding the company, its legacy, trading conditions, etc. However, we …

Fx NextGen review: Have they gained our trust yet? Read More »

U.S. dollar fell Tuesday. What about the Euro and Sterling?

Dollar Rose to a Two-Week High Versus a Basket of Currencies

The U.S. dollar jumped to a two-week high versus a basket of major currencies on Monday as market expectation builds that the Federal Reserve could taper its stimulus sooner rather than later despite a surge in Covid-19 cases. The dollar index gained 0.3% to 92.880 in early European trading hours, its highest point since August …

Dollar Rose to a Two-Week High Versus a Basket of Currencies Read More »

Weekly Market Overview: Forex, Stocks, Crypto, Commodities

Weekly Overview: Forex, Stocks, Crypto, Commodities Sep 10

The global markets have been unstable since the beginning of Covid-19.  The economy fluctuates day by day, causing hard-to-predict price movement. In our weekly market overview, we will summarize the general market trends in Forex, Stocks, Crypto, and Commodities that will help you make the right decisions. Forex market weekly overview What’s new in the …

Weekly Overview: Forex, Stocks, Crypto, Commodities Sep 10 Read More »

Dollar Rises in Response to ECB And BOE Meetings Loom

Dollar Fell Against its Main Rivals Ahead of Jobs Report 

The U.S. dollar declined to its lowest point in almost a month against main rivals on Friday, ahead of crucial U.S. jobs report that could spur the central bank to an earlier tapering of stimulus. The dollar index, which measures the U.S. currency against six peers, stood at 92.227, after earlier touching 92.151.  The single …

Dollar Fell Against its Main Rivals Ahead of Jobs Report  Read More »

Weekly market overview: Forex, Stocks, Crypto, Commodities

Weekly market overview: Forex, Stocks, Crypto, Commodities.

How were doing the global markets this week? Let’s together summarize the overall outcome and overview the markets. How did the week finish for the Forex market? The euro remained at a nearly one-month high against the U.S. dollar on Thursday. Also, the exchange rate against the British pound hit a six-week high. This was …

Weekly market overview: Forex, Stocks, Crypto, Commodities. Read More »

8 tips on how to choose the best investor for copy trading

8 tips on how to choose the best trader for copy-trading

Everyone desires to make money in the financial market, but not everyone has the time, knowledge, or desire to trade independently. Some Forex brokers provide affordable and easy-to-use solutions for all types of clients. Copy-trading is one of the most attractive passive income options. By simply using a unique social platform to copy positions, you …

8 tips on how to choose the best trader for copy-trading Read More »