The safe-haven U.S. dollar hovered near a one-week high on Tuesday while the Aussie, euro and Chinese yuan remained under pressure as weak global economic data regnited recession fears.
A look at the day ahead in Asian markets from Jamie McGeever
According to the Cambridge Dictionary, the word 'Genealogy' is defined as the study of the history of the past and present members of a family or a particular history of this type. So what does this have to do with forex trading and/or forex broker? Keep reading to find out more.
Choosing a forex broker that is newly established always possesses a certain level of the underlying risk. There are so many uncertainties and unknown information about such a new broker. To make things worse, if this specific broker is operating without any regulatory status or license, this broker is a scammer in disguise.
Asian markets struggled for direction on Tuesday, weighed by worries over global growth following weak China data that knocked oil prices and commodity-linked currencies.
Europeans will be hoping Wednesday’s economic data will provide some respite after a string of negative headlines, but past form suggests they’d be foolish to bet too much on it.
The Australian and New Zealand dollars were volatile in Asia on Wednesday, before ending up back near where they started, providing some excitement ahead of the release of minutes of the U.S. Federal Reserve’s latest meeting later in the day.
Asian shares tracked solid Wall Street performance on Wednesday as strong overnight earnings for U.S. retail giants pointed to further scope for the Federal Reserve to tackle inflation with rate hikes.
The West Texas Intermediate Crude Oil market initially tried to rally on Tuesday but has also seen quite a bit of selling pressure. The market continues to be a scenario where we are looking at the possibility of a severe lack of demand. After all, if the global economy is going to continue to slow down, then it’s likely that we have further to go.
The Russian rouble strengthened on Wednesday to a one-week high against the euro, boosted by upcoming tax payments that usually boost demand for the Russian currency, while stock indexes climbed higher.
Eterna Plc has lamented over the unavailability of foreign exchange and unattractive high interest rates hindering the growth of oil and gas companies in the country.
Nigeria’s leading consumer goods companies earned a whopping sum of N504.7196 billion as revenue in the half year of 2022, outperforming their earnings in the corresponding period of 2021 of N126.08 billion.
Fake brokers nowadays entice victims in a variety of methods. Optimize Funds is a conglomeration of many typical deception strategies. If the broker is as excellent as it is represented, a large number of traders will flock to it. Regrettably, the broker is not.
With a Daily Turnover of over US$ 12.1 Billion and annual revenue of US$ 189 million.
Following our April interview with Shadiq Zameen, we have met the Vice President of Golden Brokers Dubai to learn about how the plans of the expansion go.
The TradeCopier is a copytrading platform that provides traders with the opportunity to follow and copy the strategies of top performing traders.
WELTRADE offers a wide range of financial instruments, including currency pairs, metals, commodities, and digital currencies.
Withdrawal failed, are you being cheated? What should you do if your forex broker denies your withdrawal requests?
There are hundreds of forex brokers in the market, but only a few are worthy of holding your funds.
Identifying a successful Forex trading strategy is one of the most important aspects of forex trading. A forex trading strategy can provide traders with insight into when or where to buy or sell a currency pair.