How to Trade Successfully with a Small Trading Account
How to Trade Successfully with a Small Trading Account Trading is an exciting journey, but it can also be an intimidating one, especially when you’re just starting out. A common misconception is that you need a large trading account to be successful. But that’s not the case. You can start trading successfully with a small […]
How To Set Yourself Up For Forex Trading Success
How To Set Yourself Up For Forex Trading Success The world of forex trading can be both exciting and lucrative, but it can also be challenging for beginners. To set yourself up for success in this fast-paced market, you need a solid foundation, which includes choosing the best forex broker. In this blog post, we’ll […]
Worst Quarter for Metals Cap since 2008 due to Global Recession
Worst Quarter for Metals Cap since 2008 due to Global Recession Base metals experienced their greatest quarterly decline since the global financial crisis of 2008 as worries about a worldwide recession increased and China’s economy very slowly recovered. Although the decrease has been accentuated by price spikes that month as a result of Russia’s invasion […]
As the commodity markets drop, gold and silver decline
As the commodity markets drop, gold and silver decline As the metals markets are participants in a general erosion of the commodity markets driven by crude oil, gold and silver prices are slightly lower in lunchtime U.S. trade on Thursday. Fears of a U.S. and worldwide economic crisis as well as predictions of decreased demand […]
Prior to the European open, gold and silver are trading lower
Prior to the European open, gold and silver are trading lower Gold prices have retraced ahead of the European open after a strong day on Thursday (-0.62%). It has a similar effect as silver (-0.28%), albeit to a smaller amount. Copper is trading flat in the rest of the commodities complex, but spot WTI is […]
Stocks drop as Wall Street prepares for inflation data
Stocks drop as Wall Street prepares for inflation data Stocks in the United States fell sharply on Thursday, as Wall Street fretted about critical inflation data due out on Friday. The S&P 500 was down 2.4 percent, and the Dow Jones Industrial Average was down 1.9 percent, or 640 points. The NASDAQ Composite Index dropped […]
XAU/USD closes in to the golden ratio of 61.8 percent
XAU/USD closes into the golden ratio of 61.8 percent In Asia, the price is attempting to break below the 50% mean reversion line, exposing the 61.8 percent Fibo target of $1,850 once more. Following a move into the 50 percent mean reversion level of the hourly bullish impulse highlighted in earlier trading, the gold price […]
On constrained supply, oil rises 1%, with US crude hitting a 13-week high
On constrained supply, oil rises 1%, with US crude hitting a 13-week high On Tuesday, oil prices rose by around 1%, with U.S. crude settling at a 13-week high due to supply concerns, including the likelihood of no nuclear deal with Iran and forecasts for demand growth in China, which is reducing pandemic lockdowns. According […]
Higher US bond yields and the USD halted Wall Street
Higher US bond yields and the USD halted Wall Street Higher US bond yields and a stronger USD dragged down Wall Street futures on Monday. Higher bond yields, i.e. higher borrowing costs, are generally negative for corporate profitability, whereas a stronger dollar is unfavourable for export-oriented US MNCs, particularly tech companies. After a slight reversal […]
The Dollar Climbs Highest in over Two Weeks
The Dollar Climbs Highest in over Two Weeks The dollar was up on Wednesday morning in Asia as concerns over U.S. Treasury Secretary Janet Yellen’s comments about increasing interest rates. The U.S. Dollar Index traces the greenback versus a basket of other currencies was high 0.31% to 91.210. The USD/JPY pair was steady at […]
Dollar High as regardless of Surprise fall in U.S. Manufacturing Data
Dollar High as regardless of Surprise fall in U.S. Manufacturing Data The dollar was high on Tuesday morning in Asia as an unexpected slowdown in U.S. manufacturing growth cut off Investor bets on a booming U.S. economy giving the U.S. currency a boost. The U.S. Dollar Index traces the greenback against a basket of […]
Choosing the Best: Meta Trader 4 Vs Meta Trader 5
Choosing the Best: Meta Trader 4 Vs Meta Trader 5 Trading online is quite popular these days. Just like the rest of the things that we do online, trading can also be done with ease and convenience. The convenience and reliability factors are paramount for trading in an offline mode and they become equally […]
The Dollar Trembled following Fed Remains its Peaceful Policy Decision
The Dollar Trembled following Fed Remains its Peaceful Policy Decision The Dollar wobbled on Thursday morning in Asia. The U.S. Federal Reserve stop the speculation of no hurry to increase the interest rates through all of 2023 even after the prompt economic recovery. The USD/CNY pair edged down 0.14% to 6.4948 and the GBP/USD […]
Everyone’s Guide to Online Trading Products
Everyone’s Guide to Online Trading Products Online trading is just another synonym of investment. We all know that it is important to save money monthly, but little do we realize that investment is also equally important, or shall we say that is more important than saving money. We are here to give you insights on […]
The Dollar on Front Foot, Hits Five-Month High
The Dollar on Front Foot, Hits Five-Month High The Dollar’s sudden transition against low-yielding currencies headed to its strongest position on Wednesday. Inflation Talks leads U.S. bonds to climb. The dollar climbed a five-month high against the Yen because of the expectation of further economic recovery as U.S. bond yields bounce, additionally, investors’ […]
All About the Forex Bonus by XtreamForex
All About the Forex Bonus by XtreamForex A forex bonus is a limited time program in which a merchant stretches out a credit extension to dealers as free cash, exchanging credits, blessings, or prizes. These credits can be utilized for exchanging, however, sometimes, they can likewise be removed, subject to the merchant’s terms and […]
A rise in the Treasury Yields Comfort Dollar Situation
A rise in the Treasury Yields Comfort Dollar Situation >> The Dollar revived again on Friday morning in Asia, attaining its highest spot over 2 months. >> Some fraction of Investors being more cautious due to the rising yields and Dollar’s unexpected behavior The ascent in treasury yield benefits the U.S dollar, rising to […]
Dollar Ascent, Investors anticipates Final Verdict of Georgia Election
Dollar Ascent, Investors anticipates Final Verdict of Georgia Election Traders are hanging tight for the result of a senate election in Georgia which would determine the future market. Therefore, The U.S Dollar is in a halt situation in the Asian Market on Wednesday. Besides, The dollar had plunged across a major support level against […]