In a bid to contain the rising inflation rate, South African Reserve Bank (SARB) raised its key interest rate by 50 basis points to 8.25% in May 2023 marking its highest level since 2009.
The WikiFX App aids in safeguarding investors from Forex scams by verifying regulatory statuses of brokers, revealing their market reputation, and exposing fraudulent activities. It also identifies cloned websites, a common scam tactic. Alongside this, investor awareness and cautious trading behavior are paramount for protection.
A forex trading journal serves as a historical reference, enabling traders to review their trades objectively.
South Korean financial market regulators are implementing stringent regulations on contracts for differences (CFDs) trading to enhance transparency, prevent market manipulations, and address recent incidents of losses and volatility in the market, aiming to restore trust and protect investors.
When the forex market experiences reduced liquidity due to closure or other factors, it can lead to increased volatility and potential challenges for traders. It's essential to be aware of these conditions and adjust your trading strategy accordingly. Here are some valuable tips for trading on low liquidity days.
BKEX, a cryptocurrency exchange, has temporarily suspended customer withdrawals to assist authorities in an investigation into alleged money laundering.
Financial markets are influenced by economic news, and traders must gather information, analyze market impact, and formulate trading strategies. Brokerages can support traders by providing tools like economic calendars, real-time news feeds, and market analysis to navigate news-based trading effectively.
Capital Wallet receives “Most Outstanding Innovator in Crypto Payments” at the UF AWARDS MEA 2023. This award is a testament to the company's commitment to innovation and excellence in the field of cryptocurrency payments.
The gold price has succumbed to US Dollar strength of late with the Fed in focus Treasury yields and real yields continue to elevate and might add to dollar demand If Washington resolves the debt ceiling issue, where will XAU/USD end up?
Dow futures are contracts based on the DJIA that trade nearly 24 hours a day, providing insights into potential market direction before the market opens. While they're useful indicators, they aren't foolproof due to their smaller size and vulnerability to global events. Investors, therefore, should utilize Dow Futures alongside other tools for a holistic market view. Understanding and trading Dow Futures requires knowledge and risk management, with alternatives like ETFs available for less complex exposure to the DJIA.
Choosing a regulated broker is a crucial step for anyone looking to venture into financial markets.
The Australian Securities and Investments Commission (ASIC) is extending the date by which financial advisers must be registered to 1 October 2023.
B2Core, a leading fintech company, has recently launched a major update to its platform. The update includes several new features, such as Telegram integration, event notifications and cTrader data analysis.
Turkish President Recep Tayyip Erdogan has secured another term, extending his rule into a third decade. The victory follows an election marked by economic uncertainty, with the government pledging to tackle ongoing inflation issues and recovery from a major earthquake earlier in the year.
NZD/USD consolidates above 0.6050 as market sentiment remains calm due to an extended weekend holiday in the United States. The recent increase in the debt ceiling will prevent a default but may lead to credit rating downgrades for financial institutions. Strong volatility is expected in the US dollar index following the release of employment data later this week.
Forex trading can be an exciting and potentially rewarding endeavor, but it is not without its challenges.
Forex scams are unfortunately on the rise in the Forex Market. These scams can take many forms, including fake brokers, signal sellers, and Ponzi schemes. In this article, we will review about TitanFX.
Dukascopy, the Swiss online bank and forex broker, has announced that it will delist the India 50 Index from its trading platform. The decision was made due to the low trading volume and liquidity of the index. This means that clients of Dukascopy will no longer be able to trade the India 50 Index.
Many brokers in the FX market claim to have Legit and Authorised But they Scammed Customers and stole their hard-earned money by leaving them blabbering. Therefore, in this article we will review FX option24 Brokers.
Crude oil recovered some losses after Washington raised the government's debt ceiling, despite Russia's stance against OPEC+ production changes. However, US Federal Reserve interest rate hikes could cap growth. Meanwhile, natural gas prices showed slight recovery, influenced by milder US weather and recovering Canadian exports.