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Dollar wallows near 6-week low to yen on view Fed to slow hikes

The dollar languished near a six-week low to the yen amid a sharp retreat in Treasury yields after investors interpreted a shrinking U.S. economy as one more reason for the Federal Reserve to ease its foot off the tightening pedal.

News 2022-07-29 09:59

Argentina’s Fernandez bets on ‘superministry’ to stop economic bleeding

Argentine President Alberto Fernandez launched his latest effort to tackle an economy in crisis on Thursday, tapping one of the ruling coalition’s most powerful figures to lead a new “superministry” on the same day the central bank hiked interest rates to 60%.

News 2022-07-29 09:56

With massive Polish arms deal S.Korea steps closer to Ukraine war

South Korea’s biggest ever arms deal will make it a major supplier of weapons flooding into Europe since the Ukraine war began, with sales to NATO-member Poland involving more than 1,600 tanks and howitzers, and nearly 50 fighter jets.

News 2022-07-29 09:53

Basics of Forex Trading – Part 1

Newcomers must learn the unique language and dynamics of the forex market to beat the odds and become successful currency traders.

News 2022-07-29 09:50

Tips On How To Trade The Currency Pair EUR/GBP

The foreign exchange (Forex) market is an active one where several currency pairs are traded daily. Notably, one of the most popular currency pairs is EUR/GBP.

News 2022-07-29 09:46

How To Choose The Right Forex Strategy

Trading without a strategy is a sure way to lose money, so traders should focus on developing a forex trading strategy that will work for them and bring profits.

News 2022-07-29 09:43

Analysis Methods – Fundamental, Technical and Sentiment Analysis

The three generally accepted methods of analyzing the financial markets are: technical, fundamental, and sentimental. Choosing which one to use is a matter of personal preference that develops from study and practice.

News 2022-07-29 09:25

Meta Trader 4: The Complete Guide

Meta Trader 4 is considered by many to be the gold standard brand for forex trading platforms. Retail traders who have signed up with multiple brokers will have likely run into a trading platform driven by Meta Trader

News 2022-07-29 09:17

MultiBank Group does not allow an investor to withdraw? But why?

MultiBank Group is an online forex broker offering a series of financial instruments to its clients across the globe. It has experience of more than 10 years. But recently one investor from China told us that this broker does not allow him to withdraw.

Exposure 2022-07-28 19:00

China drops GDP target mention, aims for ‘best possible’ results instead

China will keep economic operations within a reasonable range and do its utmost to achieve the best possible results for the economy, state media said on Thursday, following a meeting of a high-level decision-making body of the Communist Party.

News 2022-07-28 18:53

Dollar hits N615, local raw materials sourcing declines to 52%

The pressure on the foreign exchange market continued on Tuesday, with the dollar exchanging at N615 at the parallel market in Lagos and Abuja. This is even as the percentage of local raw materials sourced by Nigerian manufacturers declined to 52.4 per cent in 2021, from 57.5 per cent obtained in 2020, according to data from the Manufacturers Association of Nigeria.

News 2022-07-28 18:13

The West Texas Intermediate Crude Oil market has been somewhat tight Wednesday as we continue to see

The West Texas Intermediate Crude Oil market has been somewhat tight Wednesday as we continue to see the oil markets worry about multiple issues at the same time. Because of this, I anticipate that we will have a lot of back and forth, probably very choppy action as we try to sort the future direction out.

News 2022-07-28 17:29

FVP Trade and Its Excuses Need To Be Stopped

FVP Trade is a forex broker established in 2017. Being an unregulated forex broker that is operating without any valid licenses nor recognized regulatory status, FVP Trade is allegedly a Ponzi scheme in disguise.

Exposure 2022-07-28 17:12

4 Reasons Why Beginning Traders Should Use Copy Trading

Copy trading is a lucrative long-term trading strategy that anybody, regardless of expertise, may employ. You can make a lot of money if you find the correct trader to emulate.

News 2022-07-28 16:31

EUR/USD Forex Signal: Another Drop to Parity Highly Likely

Bearish view Set a sell-stop at 1.0100 and a take-profit at 1.000. Add a stop-loss at 1.0200. Timeline: 1 day. Bullish view Set a buy-stop at 1.0225 and a take-profit at 1.0280. Add a stop-loss at 1.0050.

News 2022-07-28 16:21

OIL AND GAS SUPPLIERS WANT FOREX INTERVENTIONS AND TAX REVIEWS IN RESPONSE TO THE FUEL CRISIS.

The oil and gas sector of the economy asked expert to intervene to the fuel crisis of the economy. The crisis has been a long-time problem of the country, despite the company being a producer of fuel, still they still lack fuel and still get it in high prices.

News 2022-07-28 16:21

What to do if you're a victim of fraud or a scam in South Africa

Once you've reported the fraud, be careful to include as much information as possible. Although this isn't always the case, there's a potential you'll be able to recover your funds and file charges against the fraudster. In the worst-case scenario, you'll reduce the number of people who fall prey to the fraudster, and in the best-case scenario, you'll be able to get your money back.

News 2022-07-28 16:12

What Exactly Is Copy Trading and How Does It Work - A Complete Explanation

If you're new to trading or seeking new methods to trade, copy trading may seem to be a simple and successful way to get started. After all, copy trading enables you to replicate another trader's success. Of course, you may find yourself copying their mistakes instead. Wouldn't it be better to learn to trade and think for yourself? Discover how Trade Nation makes trading more lucrative.

News 2022-07-28 15:22

Companies may collapse over energy, FX crisis – Rewane

An economist, Bismark Riwane, and other experts have predicted that the high cost of power and diesel will lead to the collapse of many businesses. Riwane, who said this in a telephone conversation with our correspondent in Lagos on Sunday, said that businesses were under pressure and the margins were being compressed. He noted that there was an increase in the cost of power, which was unpalatable to businesses.

News 2022-07-28 15:18

WikiFX Review: Is Orbex24 a scam or a legit broker?

The brokerage apparently strives to create a sense of security, but it‘s a false one!

News 2022-07-28 14:53
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