Traders should pay attention to forex margin as it tells you whether there is enough money to open more positions.
There are hundreds of Forex brokers and new ones are constantly emerging, which makes it difficult for traders, specifically for the novices, to choose the best brokerage and leaves them at the mercy of the broker when it comes to honesty and transparency.
Have you ever encountered that there are times when the currency pairs' price go up and down and change very fast?
Have you ever heard of a special software that you have to purchase from your forex broker just to get your withdrawals approved? This is another day that WikiFX heard of a new scam strategy that a forex broker imposes on its clients.
When trading forex, besides mastering chart patterns and trading strategies well, to be a successful trader, understanding your entire portfolio's sensitivity to market volatility is also essential.
As a forex trader, you must often encounter these situations that there are times when currency pairs' price just shoots out in a specific direction, only to do a quick search on your PC or phone and you will find out that a major policy just released, or the central bank increased/decreased interest rates?
BTC/USD has drifted a little bit lower during the trading session on Monday, losing 1%. We are sitting in an area that has been supported a couple of times in the past, and now looks to be important from a short-term perspective. The $21,000 level has been an area that people have been fighting over for a while, so it does make a certain amount of sense that we would see this market mess about in this area.
Biodun Ogunleye served the guests seated at an event with the enthusiasm of a people pleaser. Typically, he scans the hall looking for people he perceives as generous or well-to-do by focusing on their appearance and disposition.
ATFX, FXTM, and EightCap are three forex brokers that have excellent reputations in the forex industry. If you are curious about the similarity between these three brokers, you should not miss this article as we will explore them from different perspectives.
According to recently released statistics from Statistics South Africa (Stats SA), the overall number of liquidations fell by 1.6 percent in May 2022 as compared to the same month the previous year.
Stakeholders in the ICT industry have claimed that the FX market's turbulence has put a stop to a number of telecom projects while urging authorities to make dollars available to local firms.
Asian shares were down for a sixth straight session on Tuesday after a renewed spike in European energy prices stoked fears of recession and pushed bond yields higher, while tipping the euro to 20-year lows.
A look at the day ahead in European and global markets from Anshuman Daga
OPEC’s leading oil producer, Saudi Arabia, says the recent oil price decline is driven by poor futures market liquidity and macro-economic fears, which have ignored the extremely tight crude supply.
The dollar held firm on Tuesday on safe haven flows, while the euro languished around a two-decade low as investors braced for a hard winter in Europe as it grapples with energy supply and broader economic growth concerns.
Global equity markets were choppy and U.S. Treasury yields fell on Thursday, as uncertainty over the pace of interest rate hikes prevailed among investors after the Federal Reserve’s meeting minutes showed officials were determined to curb rising prices.
Asian shares got off to a rocky start on Monday while the dollar remained in demand amid concerns most major central banks are committed to raising interest rates no matter the risks to growth.
Sterling fell to its lowest since mid-July against the dollar on Monday as surging energy costs and a summer of strikes highlighted the UK cost of living crisis and intensified fears for further economic slowdown.
The U.S. dollar index hit a fresh five-week high on Monday after another Federal Reserve official flagged the likelihood of continued aggressive monetary tightening ahead of the central bank’s key Jackson Hole symposium this week.
The Moscow Exchange will ban the use of dollars as collateral to underwrite transactions, it said on Monday, as Russia seeks to cut dependence on currencies of nations that have imposed sanctions on it.