With Joe Biden’s administration most investors are swaying towards a boost in the USD, but his pick for Treasury secretary has just started a bearish curve. The dollar is heading for its longest losing streak in a month as Biden is set to start his presidency today, Wednesday.
NewsThe US dollar index has been rising from the low of 89.209 amid both the Democrats' victories in runoff elections and the soaring US 10-Year Treasury yield. As a result, EUR/USD saw a sharp decline from the peak of 1.2349 on January 6. Besides the strong DXY, other conditions unfavorable to the euro are also on the cards.
NewsDaily currency trading guides and market forecasts: NZD/USD, AUD/USD, USD/JPY, EUR/USD, GBP/USD, USD/CAD, GBP/JPY, EUR/JPY
NewsWhile forex trading features easy operation and low risks, it is fraught with pitfalls.
NewsDaily currency trading guides and market forecasts: NZD/USD, AUD/USD, USD/JPY, EUR/USD, GBP/USD, USD/CAD, GBP/JPY, EUR/JPY
NewsPlatformsFx is only 1.31 on the WikiFX APP. According to the latest risk warning, this broker currently has no valid regulatory status, please stay away from it !
ExposureDaily currency trading guides and market forecasts: NZD/USD, AUD/USD, USD/JPY, EUR/USD, GBP/USD, USD/CAD, GBP/JPY, EUR/JPY
NewsThe latest talking point in financial markets comes from the soaring US 10-Year Treasury yield. The positive dynamic sends a rally to the greenback at the expense of gold prices, indicating that US Treasury yields have played a guiding role in both the metal market and the forex market.
NewsRecently, IC Markets has received intensive complaints from forex traders. What happened? Is IC Markets a legit broker or a scam one?
ExposureDaily currency trading guides and market forecasts: NZD/USD, AUD/USD, USD/JPY, EUR/USD, GBP/USD, USD/CAD, GBP/JPY, EUR/JPY
NewsThe US 10-Year Treasury yield has been growing since August 4, 2020, when Russia announced a locally developed Covid-19 vaccine. The news bailed the yield out of its bottom at 0.51%. As of writing time, it has reached as high as 1.12.
NewsDaily currency trading guides and market forecasts: NZD/USD, AUD/USD, USD/JPY, EUR/USD, GBP/USD, USD/CAD, GBP/JPY, EUR/JPY
NewsRecently, a forex investor complained to WikiFX about the forex broker BLEAXMOND. The complainant exposed his trading experience with BLEAXMOND and hoped that other investors could be vigilant.
ExposureDaily currency trading guides and market forecasts: NZD/USD, AUD/USD, USD/JPY, EUR/USD, GBP/USD, USD/CAD, GBP/JPY, EUR/JPY
News6 things to consider when choosing a forex broker
NewsDaily currency trading guides and market forecasts: NZD/USD, AUD/USD, USD/JPY, EUR/USD, GBP/USD, USD/CAD, GBP/JPY, EUR/JPY
NewsThe US stock market in 2001 experienced a tech-stock bubble burst, while in 2009 rebounded sharply from the downturn since the financial crisis. Similar cases happened in commodity markets. Oil prices reversed the rally in 2001 and wiped out earlier losses in 2009. Gold prices staged a rebound in 1977, saw the 20-year bear market turning bullish in 2001, and turned around the previous setback in 2017.
NewsDaily currency trading guides and market forecasts: NZD/USD, AUD/USD, USD/JPY, EUR/USD, GBP/USD, USD/CAD, GBP/JPY, EUR/JPY
NewsOnce you are in a certain position, the market will determine you are right or wrong. The only way to judge whether you are in the right position in the market is to prove it with profit and loss. The success or failure of trading is determined by the outcome, and trading logic as well. The criteria of trading comes from your perception of the market pattern and trading logic, which is the most direct manifestation of the pattern view.
NewsDaily currency trading guides and market forecasts: NZD/USD, AUD/USD, USD/JPY, EUR/USD, GBP/USD, USD/CAD, GBP/JPY, EUR/JPY
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