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Apple hikes Japan price of iPhone by nearly a fifth
Apple Inc has hiked by nearly a fifth the cost of its flagship iPhone phone in Japan, which is battling a weakening yen currency and rising inflation.
WikiFX joins hands with Pakistan’s mobile phone dealers
Mobile phone is the most important carrier of any APP. To provide a better forex trading experience for Pakistani forex traders, we are delighted to announce that WikiFX joins hands with Pakistan's mobile phone dealers. You can see WikiFX billboards in front of many mobile phone markets shops in Pakistan.
For Beginners: Things You Should Know About Forex
With hundreds of currencies in circulation around the world, the foreign exchange market, the world's largest and most liquid financial market, has a daily trading volume of US$5.3 trillion, 30 times that of the U.S. New York Stock Exchange. What is Forex trading? Simply put, forex trading is about opening a trading position, be it bullish or bearish on the exchange rate between two currencies.
What kind of trader am I?
A million traders will have a million varying styles of trading. One's own personality, patience and risk appetite can combine into a unique trading style that is specific to you. Today we are going to be looking at the different ways one can trade as well as the different tools you will need to prosper with your trading style.
WikiFX Scam Alert: Beware of freserrves.com!
Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.
Rouble weakens, Gazprom shares extend losses after cancelling dividends
Shares in Russian energy giants Rosneft and Gazprom followed divergent courses on Friday as investors responded to the two companies’ opposing dividend decisions, while the rouble fell sharply from seven-year highs hit this week.
Bitcoin Forecast: Breaks Below $20,000 Level Again
The Bitcoin market has fallen again during the trading session on Thursday to break back below the $20,000 level. At this point, it looks as if it is going to threaten the lows, closer to the $18,000 level. By all accounts, Bitcoin is nowhere near done selling off, and I do think that we have the ability to pick up Bitcoin at much lower levels. It is because of this that I have not been active in this market, nor do I think that it is one that you need to be worried about at the moment. The market will continue to see a lot of negative headwinds, especially as so much of the crypto world has imploded.
Spreadex Becomes Sunderland AFC’s New Principal Partner
The company has signed a three-year partnership deal with the club. The Spreadex Sports logo will appear on the club’s home and away shirts.
Barclays Pays $2.8M Fine for Customer Confirmation Non-Compliance
There were 11 underlying issues resulting in failure. The bank was aware of the inaccuracies from mid-2017.
Kian Hoe Tan Joins HKEX as Managing Director and Head of Treasury
He previously worked at Standard Chartered. In his new role, Tan will report to Vanessa Lau.
Goldman Sachs, Derivative Path to Power Global FX Payment for US Banks
The collaboration is targeted at regional and community banks in the US. The companies' joint solution is directed at spot forex and international payments.
RBA to hike rates by another 50 bps in July to make up for lost time: Reuters poll
Australia’s central bank will deliver another half percentage-point interest rate hike on Tuesday as it fights to tame surging inflation, marking the first time it has ever raised the cash rate by that magnitude at consecutive meetings, a Reuters poll
Further pain in store for Asian currencies after turbulent first-half
Asian currencies will wallow in the near-term, analysts forecast this week, with any respite from their first-half losses only likely to come in the form of proactive policy normalization by regional central banks combined with a Chinese recovery.
UK and New Zealand expand working holiday visas
The age limit for a visa to live and work in either country will go up to 35 under a new deal.
Dollar gains with yen, Aussie drops as investors fret over recession risks
The dollar was little changed against major peers on Friday, but was on track for its best week in four as investors weighed the boost from tighter Federal Reserve policy and the risks of a U.S. recession.
Stocks slide, dollar rises as growth fears mount
Bonds slipped, the dollar edged higher and Asia’s stockmarkets made a shaky start to the second half on Friday, as investors grow increasingly nervous about the global economic outlook.
Analysis-Japan widens FX watch to include risk of yen spike as U.S. recession fears mount
Japanese policymakers worried about the yen sliding lower are increasingly also having to watch out for it rebounding, officials told Reuters, signalling that currency-market intervention is less likely than some investors expect.
S.Korea central bank sold net $8.31 billion for FX intervention in Q1
It was the biggest net selling of dollars by the Bank of Korea since its quarterly release began in the third quarter of 2019.
2022 Forex Consistency Revealed
While Forex success can't be guaranteed, traders who read and implement tips and techniques should see improved trading results.
How to Hone The Spot Market
World trade has never stopped as long as world working hours are still open. 24 hours a day from Monday to Friday. The world financial centers integrate to form the world’s foreign exchange market. Information and communication network technology support the integration between world financial centers that can make trade more quickly and efficiently.
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