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THE CBN MAY RAISE INTEREST RATES TO 15%
Within the following six months, the Central Bank of Nigeria (CBN) may raise the benchmark interest rate by up to 200 basis points to 15%.
In South Africa, more people are falling victim to forex trading frauds
As a result of the economic instability caused by the COVID-19 epidemic, there has been a large increase in online trading scams in South Africa, with FX trading "investment schemes" leading the list of illicit online trading agreements.
Why Does Risk Management So Imperative in The Forex Market?
Forex trading is indeed a profitable business in the financial market. However, not everyone can make money on forex trading many people suffer a heavy financial loss in the forex market. When seeking a forex broker, one of the key factors that traders need to keep in mind is risk management. A good broker can have a strong ability in risk management. Which will help you avoid the loss.
Gold Technical Analysis: Heading for Deeper Buying Levels
With the beginning of this week’s trading, the gold price completed the broader downward path, as the US dollar continues its record gains. Despite fears of the future of the global economic recession and a new outbreak of the Corona virus, the gold price fell to the support level of $1723 an ounce in early trading today, Tuesday, the lowest price for the yellow metal in nine months.
What Is the Importance of Forex Forum Participation? Daily, We Trade
The forums on each product or service are important because they address where and how we can benefit our everyday lives with the product or service, as well as how we can improve our strategies to acquire more tokens from it.
Checking FX Brokers’ FCA Licenses in A Few Seconds
As forex trading becomes more popular, more fraudulent brokers are beginning to lurk in this profitable market. Before one aims to make profits from the forex market, it is important to have the skills to identify fraudulent brokers. In today’s article, WikiFX will show you how to verify a broker’s regulatory status in just a few clicks.
Nigeria crude oil production increases to 1.238 million barrels per day in June
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average of 1.238 million barrels per day (bpd) in the month of June 2022.
WikiFX Review: why HeyForex is not a dependable broker
The currency market, which is filled both opportunities and risks, is unpredictable. While many investors have gained considerable returns after investing in the forex market, those who suffered great losses have learned painful lessons. Today, WikiFX is going to review a forex broker named HeyForex for investors and traders.
WikiFX News: Plus500 Reports 68% Revenue Growth in Q2
For the period from April to June, the broker posted revenues of $240.5 million, up 68 percent year-on-year.
Russia gives exiting firms time by pausing asset seizure law
Moscow’s plan to implement a new law enabling authorities to seize the assets of Western firms leaving the country failed to get through parliament before the summer recess, giving companies more time to negotiate exits.
A Promise That Resulted in Scamming - Never Trust AE Global Link
An incident that has been promised no any kinds of fees but it turns out, 20% commission has been asked by the trader to be able to withdraw the money.
Hackers posing as Merkel target ECB’s Lagarde – German source
European Central Bank President Christine Lagarde was targeted in a cyber attack but this was quickly foiled without any information being compromised, an ECB spokesperson said on Tuesday.
Negative Reviews: CySEC Added GreenWaveX into Its Warnings
GreenWaveX has got many negative reviews and investors who traded with this broker have raised many complaints against it. BrokersView has therefore investigated a lot about the company and based on the negative reviews, complaints and other scam features, we have listed the entity as a scam.
Clients Reviews: What Are Investors' Opinions of OANDA?
Whether you prefer to trade stocks or currency trading appeals to you more, a prosperous trading journey involves choosing the right broker. A reliable broker doesn't always have to be strongly regulated. On the other hand, signing up with an offshore broker without regulatory oversight isn't recommended either. It's just that you need to be rational with broker selection. Sometimes, multi-regulated brokers like OANDA fail to meet clientele satisfaction.
Blacklist Alert: UK FCA Warns Against 6 Unauthorized FX Brokers
Traders are being increasingly targeted by investment scams carried out via online trading platforms where fraudsters offer trades in forex.
3 Minutes Understand the usefulness and benefits of VPS
A virtual private server is simply a virtual server that is more commonly utilised when creating a website or a business platform. It is pretty simple to use, but how do you utilise it and what are its applications? Let us now go over the infographic to better comprehend it!
3 Aspects to Note When Choosing A FX Broker
Trading and investment have gained a lot of traction lately. Many people jump into the forex market thinking it is a way to earn quick profits with just a few clicks. However, little did they know that forex trading requires a trader to invest a lot of time in doing research – even before one starts trading.
An Overview of Automated Trading
Automation has been in some form or another in exchange trading since the 1980s, however, the notion of rules-based trade strategies stretches back much longer, to the 1940s. As retail investment has grown in popularity throughout the globe, prominent trading platforms have evolved to allow forex traders to develop and publish their automation, sometimes known as "trading robots." Similarly, the advancement of computer processing capacity has resulted in the creation of increasingly complex kinds of automation.
Asian firms may struggle to refinance dollar debt, ratio suggests
Asian companies are likely to find it harder to refinance dollar-denominated debt, the decline in a key metric suggests, with the currency at a two-decade high and a recent surge in inflation forcing central banks to raise interest rates.
Euro zone long-term inflation expectations below 2%, yields tumble
Euro zone government bond yields fell on Monday as recession fears in the euro area overshadowed expectations of a quicker U.S. monetary tightening after robust jobs data.
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