Watch Out! Your Expected Forex Trade May Be Trap
The forex market has become the preference for many international investors by its high efficiency and large liquidity.
Europe's Second Virus Wave Triggers Sharp Forex and Equities Sell-off
Currencies and equities sold off sharply on 21 Sept. as virus cases in Europe hit new record highs.
Forex Market: Why Interest Rates Matter?
Price Trends in the foreign exchange market are basically determined by changes in the interest rate policy in the global banking system.
Forex Focus: Swedish Krona, Swiss Franc and Euro
In the currency market, balance dominates trades. On one side, the safe-havens keep their defensive qualities; on the other side, the currencies gain ground from every good economic or health news. However, this relative stabilization shouldn’t obscure the marked fund trends for the Swedish Krona or the Swiss Franc.
What the Impact of New Record of US Covid-19 Cases on Forex Market?
The stocks consolidated, on June 25th, that the negative securities on the Covid-19 are overshadowed by the links that the US regulators will ease the Volcker Rule and allow the banks to increase their investments in the venture capital funds and free up capital.
FX Market Trend in Correction Amid Raging COVID-19
On January 30th, 2020, local time World Health Organization Director General Dr Tedros Adhanom Ghebreyesus held press conference in Geneva and announced the Novel Coronavirus(COVID-19) outbreak to be an public health emergency of international concern(PHEIC). The economic cost of this raging epidemic is growing in China as well as other parts of the world.
Turkey is investigating JPMorgan after the bank advised clients to short the lira
The lira tumbled 4% on Friday. At a rally on Sunday, President Erdogan warned the financial industry: "I will make you pay a very heavy price."