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Impact of Crypto on Nigeria’s Import and Export Sector

Impact of Crypto on Nigeria’s Import and Export Sector

The impact of crypto on Nigeria's import and export sector is still unfolding. While there are clear potential benefits, significant challenges need to be addressed.

News 2024-03-26 11:50
CBN Implements Measures to Address Forex Shortage

CBN Implements Measures to Address Forex Shortage

The CBN's efforts to address the forex shortage are a positive step towards ensuring economic stability. However, long-term solutions require economic diversification and increased non-oil exports.

News 2024-03-26 11:47
WikiFX Broker Assessment Series | QuoMarkets: Is It Trustworthy?

WikiFX Broker Assessment Series | QuoMarkets: Is It Trustworthy?

In this article, we will conduct a comprehensive examination of QuoMarkets, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.

Exposure 2024-03-25 17:47
Fundamental VS Technical Analysis - Which is Better?

Fundamental VS Technical Analysis - Which is Better?

Discover the ultimate trading secret: the battle between fundamental and technical analysis unveiled.

News 2024-03-25 17:38
 Plus500 doubles its Israel office space

Plus500 doubles its Israel office space

Retail FX broker Plus500 Ltd (LON: PLUS) is gearing up for a significant expansion, according to sources familiar with the company's plans in Israel. Reports indicate that Plus500 is securing an additional 5,800 square meters of office space adjacent to its current global headquarters in Haifa, Israel. Alongside this move, the company is actively engaged in recruiting new talent across various departments.

Exposure 2024-03-25 16:30
British Court Finds Woman Guilty in $4.3 Billion Bitcoin Laundering Scheme

British Court Finds Woman Guilty in $4.3 Billion Bitcoin Laundering Scheme

London court convict's woman for laundering $4.3B in Bitcoin into real estate and jewelry, highlighting global anti-cybercrime efforts.

News 2024-03-25 16:17
Beware! Collateral Trading is a Double-Edged Sword

Beware! Collateral Trading is a Double-Edged Sword

In the ever-shifting landscape of forex and cryptocurrency markets, collateral trading stands tall as a formidable strategy wielded by traders hungry for amplified returns, leveraging assets to ride the waves of market volatility; yet, beneath its promise of riches lies the lurking danger of leverage, a double-edged sword that demands caution and finesse.

News 2024-03-25 14:52
Scope Markets Launches Fifth Lebanese Branch

Scope Markets Launches Fifth Lebanese Branch

Scope Markets expands in the Middle East with its fifth branch in Lebanon, enhancing services for retail traders with a diverse portfolio of over 40,000 stocks.

News 2024-03-25 14:27
April 1st WikiFX Forex Rights Protection Day, global collaboration, significant achievements!

April 1st WikiFX Forex Rights Protection Day, global collaboration, significant achievements!

In today's forex market, investors face various challenges and risks. According to a WikiFX survey, fund security has become the primary consideration factor for forex investors in choosing brokers, accounting for over 90%.

News 2024-03-25 13:51
Doo Group Secures MAS-CMS License in Singapore

Doo Group Secures MAS-CMS License in Singapore

Doo Group secures a CMS license in Singapore, expanding its Far East-focused brokerage services. This follows a Type 1 license in Hong Kong, marking a significant growth phase.

News 2024-03-25 13:26
Exposing Predatory Practices: The Truth Behind High-Pressure Sales Tactics in Forex Prop Firm Scams

Exposing Predatory Practices: The Truth Behind High-Pressure Sales Tactics in Forex Prop Firm Scams

In the fast-paced world of foreign exchange trading, the promise of lucrative returns often lures individuals into the orbit of forex prop firms.

News 2024-03-25 11:11
OBASEKI: "TACKLING THE FOREX CRISIS REQUIRES LOCAL MANUFACTURING AND EXPORTS."

OBASEKI: "TACKLING THE FOREX CRISIS REQUIRES LOCAL MANUFACTURING AND EXPORTS."

The foreign exchange market, often known as the currency market, is a worldwide decentralized over-the-counter (OTC) market where currencies are traded. The foreign exchange rates for each currency are set by this market.

News 2024-03-25 11:10
NAIRA STAYS STABLE BASED ON FX MEASUREMENTS FROM CBN

NAIRA STAYS STABLE BASED ON FX MEASUREMENTS FROM CBN

Following N1,602.75/$1 on Friday, the naira rose to N1,572.86 per dollar on the official market on Monday, indicating a promising start to the FX market.

News 2024-03-24 08:30
FOREX TODAY: RBA MAINTAINS CURRENT COURSE, BOJ ELIMINATES NEGATIVE INTEREST RATES

FOREX TODAY: RBA MAINTAINS CURRENT COURSE, BOJ ELIMINATES NEGATIVE INTEREST RATES

The Australian dollar and the Japanese yen saw a jump in volatility during Tuesday's Asian trading which assessed the monetary policy announcements released by the Bank of Japan (BoJ) and the Reserve Bank of Australia (RBA).

News 2024-03-24 08:00
Wiki Gala Night Bangkok hosted by WikiFX hit a success

Wiki Gala Night Bangkok hosted by WikiFX hit a success

Bangkok, Thailand - March 23, 2024 - WikiFX, the renowned financial platform, hosted a highly successful event at the prestigious W Hotel in Bangkok, Thailand, on March 23, 2024. The event, held from 6:00 PM to 9:00 PM Thailand time, attracted over 140 esteemed guests from various sectors of the financial industry.

News 2024-03-23 21:45
FOREX TODAY: A SLUGGISH START TO THE WEEK'S MAJOR CENTRAL BANKS

FOREX TODAY: A SLUGGISH START TO THE WEEK'S MAJOR CENTRAL BANKS

Major currency pairings start the week swinging in small ranges because market participants are reluctant to take large positions ahead of this week's important central bank meetings and data releases. During the European session, Eurostat will issue revisions to the February inflation figures. During Asian trading hours on Tuesday, the Bank of Japan (BoJ) and the Reserve Bank of Australia (RBA) will release announcements.

News 2024-03-23 08:30
THE MAJORITY OF US STOCKS FELL DURING AFTERNOON TRADING.

THE MAJORITY OF US STOCKS FELL DURING AFTERNOON TRADING.

Stock prices dropped over most of Friday's session, and more selling has occurred since. Given that the major averages have continued to fall into negative territory, it is anticipated that the Nasdaq and the S&P 500 will close lower for the third day in a row.

News 2024-03-23 08:00
"Plz stay away from Booc"~ Victim Said

"Plz stay away from Booc"~ Victim Said

  We're warning you. Be alert and protect your valuable hard money from scammers. They are a large bunch waiting for you to be their target. Most of the Investors fall for these scams and lose a big amount of money. Recently, WiKiFX received a complaint from an Indian against Booc Broker. He clearly said, “Boccfx is a scam broker.”

Exposure 2024-03-22 20:36
Surging Inflation in Japan: What's Next After First Rate Hike in 15 Years?

Surging Inflation in Japan: What's Next After First Rate Hike in 15 Years?

Consumer inflation in Japan accelerated to its fastest pace in four months, prompting market attention to whether the Bank of Japan might pursue additional interest rate hikes following its first hike since 2007.

News 2024-03-22 18:20
Finalto joins oneZero in Tokyo

Finalto joins oneZero in Tokyo

The Two Firms are collaborating to boost trade liquidity in the Asia-Pacific area by establishing a Tokyo data center. This partnership offers Finalto with access to over 250 brokers and banks within the oneZero EcoSystem. With the inclusion of the Equinix Tokyo data center, Finalto's Asia-Pacific customers will have access to even additional liquidity sources.

News 2024-03-22 18:06
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