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Starting Forex Trading: What is Forex?

The foreign exchange market (forex) is one of the world’s largest and most fluid financial markets.

News 2022-06-23 15:36

How Economic Calendar and Volatility Help Your Trading

Governments and other sectors around the world continue to measure and report economic growth and data, and a reliable economic calendar is one of the best tools for trader.

News 2022-06-23 15:29

Forex supply surges by 135% to $108.1 million at I&E window

The exchange rate between the naira and the US dollar closed at N420.28/$1 at the Investors and Exporters (I&E) window. Naira closed stronger on Tuesday with a 0.25% gain to close at N420.28/$1 compared to N421.33/$1 recorded in the last two trading sessions. This is according to information culled from the website the FMDQ Exchange.

News 2022-06-23 14:24

US Fed Chair Admits Recession a 'Possibility' After Rate Hikes

The economy remains strong but a series of aggressive rate hikes meant to cool soaring inflation could eventually trigger a recession.

Industry 2022-06-23 13:41

End of GPU Mining? Crypto Crash Forces Miners To Sell Graphic Cards

Popular graphic cards such as the NVIDIA GeForce RTX 3060 Ti now cost as low as $300, valued at over $700-$800 a few months ago.

News 2022-06-23 11:15

Citibank & Swiss Company METACO to Develop Institutional Crypto Custody

This partnership will further Citibank toward developing and piloting digital asset custody capabilities using METACO’s technology.

News 2022-06-23 11:11

Hedging Techniques for Forex Traders

Forex hedging is a method of protecting one's position in a currency pair against a negative move. Short-term protection is generally utilized by traders who are worried about news or an event that may cause volatility in currency markets.

News 2022-06-23 11:08

Crypto.com Obtains Regulatory Approval for Payment Services in Singapore

With the help of this approval, the crypto exchange company will be bringing its payment services within the Payment Services Act.

News 2022-06-23 11:07

Some Brits turn to gambling, crypto to make ends meet, charity warns

Britain’s worsening cost-of-living squeeze is pushing some people into gambling and cryptocurrency investments in last-ditch attempts to make ends meet, a gambling charity warned on Thursday.

News 2022-06-23 10:59

Binance Launches Zero-Fee Bitcoin Trading for American Customers

The U.S. division of the world’s largest crypto exchange Binance has made an effort to encourage more trading as the bear market bites deeper.

News 2022-06-23 10:40

Admirals Gets South Africa’s Broker License, Plans First Hub in Africa

Admirals SA (PTY) Ltd now part of the fintech group. The brokerage firm has opened an office in Cape Town.

News 2022-06-23 10:34

How Trading Central’s Signals Can Help HYCM traders

HYCM, a well-established global forex broker, is known for the depth of its liquidity, the speed of its order execution, and the competitiveness of its spreads.

News 2022-06-23 10:27

“Play to Earn” to Own Remitano Network’s RENEC Token

This is a relatively new form of airdrop in the market, making the traditional airdrop less boring.

News 2022-06-23 10:23

Ultimate Fintech Recognised RoboMarkets as the Best Broker in Europe

The event took place in Cyprus, on the final day of the iFX EXPO in Limassol on 9 June 2022.

News 2022-06-23 09:58

Prime Accounts from RoboForex were Recognised as the Best in the Global Market

An international trader community named Prime accounts from RoboForex the best in the premium segment for their trading conditions and safety.

News 2022-06-23 09:53

The best ways to survive and beat the bearish market

Major stocks and the cryptocurrency market have both officially entered a bear market, with the crypto market having lost over $2 trillion since its peak in November 2021 and the U.S. Stock Markets having lost around $10 trillion in value within months.

News 2022-06-22 20:32

Fuel scarcity: Petrol now sold for N185/litre in Lagos, Ogun States

Fuel scarcity has worsened across Lagos, Ogun States, as filling stations now sell Premium Motor Spirit (PMS), popularly known as petrol, at N185 per litre or more.

News 2022-06-22 19:13

CAC Forecast: French Markets Give Up Early Gains

The French markets rallied initially on Tuesday to reach the €6000 level, but the CAC could not hold on to the gain. This was seen across the board, as initially risk appetite returned on Tuesday, but was given back rather quickly. It’s interesting that this happened, as we have just formed a “double bottom” just below. If that bottom gets broken, that could open up massive selling in the CAC, as well as be a sign that even more trouble is on its way for stock markets in general. The European Union of course will be very sensitive to the CAC as it is the second-largest market.

News 2022-06-22 18:25

U.S. Dollar ETFs Are Having a Great Run in Face of Global Demand for Safety

The U.S. dollar and currency-related exchange traded funds have outperformed in 2022 as global investors turned to the relative safety of the greenback in a troubling year.

News 2022-06-22 17:38

13 Successful Forex Trader Habits

A competent Forex trader does not emerge immediately, but rather through persistent discipline, patience, practice, and experience.

News 2022-06-22 16:57
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