Asian shares inched higher on Monday following a much-needed bounce on Wall Street, but nerves are stretched ahead of a near-certain rate hike in Europe and another round of corporate earnings reports.
U.S. households are in a more comfortable financial position than before the pandemic but surging inflation has started to erode those gains, stirring a sense of insecurity and anger about price increases.
Several big-ticket films in 2022 have failed at the box office, leaving producers confused.
Liz Truss clashes with Rishi Sunak over tax, with trans issues and Brexit among other flashpoints.
Yesterday, a leading crypto address moved 50 million XRP to Bitstamp. XRP’s current market cap stands at around $16 billion.
Net income touched $4.5 billion in the second quarter. EPS dropped to $2.19 for the mentioned period.
Executive moves that dominated the week's news.
OctaFX and Great Vision Charity Association partnered during Ramadan to provide six students in Malaysia with much-needed allowance for the next twelve months.
Leading multi-asset online trading provider ACY Securities has announced the start of their new Pip Hunter Trading Contest with $75,000* in total bonuses across 50 winners.
Market instability means more income for investors. The company already sees a significant profit increase from closing deals on new positions.
Many bogus brokerage and trading firms will use firm registration number (FRN) of authorised firms to conduct a scam.
Online trading scams tends to display profitable profits that give investors a false sense of easy money-making. Once the investors are cheated by the false sense, they will invest more money to earn greater returns. At last, they will lose all their trading money.
Pakistan is likely to get $4 billion from friendly countries this month to bridge a gap in foreign reserves highlighted by the International Monetary Fund, the country’s finance minister said, two days after sealing a deal with the lender.
China’s monetary policy has ample room and sufficient tools, including further cutting banks’ reserve requirements, to cope with new challenges amid a shaky economic recovery, a commentary in the state-owned Securities Times said on Sunday.
WikiFX Score is comprehensively evaluated by WikiFX based on a variety of factors including the licensed index, the level of business comprehensiveness, the risk control index, the management index, and software parameters. So based on those factors, what are the brokers with the highest ratings this July?
International investors in Nigeria's financial industry criticized the inconsistent laws issued by the Federal Government, FG, over the weekend, claiming that they discourage foreign investors from investing in Nigeria. This is despite the fact that they pointed out that Nigeria is afflicted by several laws and regulations imposed by the primary financial regulatory body, the Central Bank of Nigeria, CBN, and the other arms of government.
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Forex trading is different from other investment markets in that investors need to spend more energy on both transaction technology and capital security. A recent online forex industry research data shows that more than 80% of forex traders' accounts are losing money, to be exact, only 29% of users are making money, and 99% of users cannot sustain profits for more than a year. Such data is enough to show that foreign exchange traders are not easy, of course, loss and profit is a common thing in the investment market, but good trading strategies can minimize the loss.
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), announced on Monday that the bank's Investors and Exporters (I&E) Forex window, which was established to allow investors and exporters to purchase and sell foreign exchange at market rates, has attracted over $50 billion in investments to the country in three years.
Fraudulent brokers are any illegitimate entities used to deceive traders into fraud or malicious attacks. Scammers work in a wide variety of ways, from claiming false strict regulation, fast and convenient withdrawal to other deceptive formats to give the impression of legitimacy.