South Korea’s new government will streamline public organisations, the finance minister said on Friday, citing concerns about efficiency after a rapid expansion in their operations under the previous administration.
US corporate earnings delivered the crypto market with a boost during the US extended trading hours, with Apple delivering a positive outlook.
ProfitFX Pro has actually found itself the subject of unlicensed forex brokers alert from the UK authority. Of course, even without the warning the fact that ProfitFX Pro is up to no good is clear as unregulated investment companies have much freedom to steal money from victims with little to no consequences.
The dollar languished near a six-week low to the yen amid a sharp retreat in Treasury yields after investors interpreted a shrinking U.S. economy as one more reason for the Federal Reserve to ease its foot off the tightening pedal.
Argentine President Alberto Fernandez launched his latest effort to tackle an economy in crisis on Thursday, tapping one of the ruling coalition’s most powerful figures to lead a new “superministry” on the same day the central bank hiked interest rates to 60%.
South Korea’s biggest ever arms deal will make it a major supplier of weapons flooding into Europe since the Ukraine war began, with sales to NATO-member Poland involving more than 1,600 tanks and howitzers, and nearly 50 fighter jets.
Newcomers must learn the unique language and dynamics of the forex market to beat the odds and become successful currency traders.
The foreign exchange (Forex) market is an active one where several currency pairs are traded daily. Notably, one of the most popular currency pairs is EUR/GBP.
Trading without a strategy is a sure way to lose money, so traders should focus on developing a forex trading strategy that will work for them and bring profits.
The three generally accepted methods of analyzing the financial markets are: technical, fundamental, and sentimental. Choosing which one to use is a matter of personal preference that develops from study and practice.
Meta Trader 4 is considered by many to be the gold standard brand for forex trading platforms. Retail traders who have signed up with multiple brokers will have likely run into a trading platform driven by Meta Trader
A look at the day ahead in markets from Dhara Ranasinghe.
Nigeria’s Senate passed a motion on Wednesday to summon Central Bank Governor Godwin Emefiele over the “free fall of the naira” and called on the central bank to urgently intervene.
The U.S. dollar languished near a three-week low to major peers on Thursday after Federal Reserve Chair Jerome Powell assuaged trader worries about continued aggressive monetary tightening.
India’s gold demand in the first half of 2022 jumped 42% from a year ago but consumption in the second half could be lower than last year as higher inflation erodes disposable income, the World Gold Council (WGC) said on Thursday.
Asian shares made cautious gains on Thursday as investors scented a possible slowdown in the pace of U.S. rate hikes, lowering bond yields and restraining the dollar.
Technical analysis involves the use of a price chart, which provides a roadmap for past price behavior. A technical analyst relies on the past to predict the future.
To be a successful trader, it is important to manage the risk and the volatility. Getting a grasp of these two factors starts with understanding liquidity.
Mistakes are a part of learning, and we all make them when we deal with something new. Yet, mistakes can be quite costly in trading, so beginners should know the typical trading mistakes and try to avoid them right from the start.
It’s the interest rate differential that ultimately drives the Forex price action and makes one currency more attractive than another.