In today's ever-evolving financial landscape, forex trading has emerged as a popular investment opportunity, attracting individuals from diverse backgrounds.
Powered by WikiFX: (GOLD, EUR/USD, GBP/USD, USD/JPY, ) Technical Analysis May 25, 2023
Since March of last year, the Federal Reserve has put an end to the four-year era of zero interest rates, signaling a path of rate hikes and implementing consecutive increases for over a year.
Forex markets are one of the best-known trading markets around. They have made many people rich over the years. However, trading isn't the only way to make money in this market.
In the context of online trading, a Super App platform can combine trading functionalities with other financial services, such as banking, payments, investment management, and even social networking. (TEASER) Don't missed these livestream.
Can you make a living doing forex trading?
Exe Markets is a trading platform accused of scamming traders. It is important to be aware of the risks and losses reported.
There is a thread connecting three key crises currently affecting the United States. The inflation crisis is triggered by a politically toxic pandemic. The looming debt ceiling crisis is rooted in political dysfunction worse than ever before. The third crisis is a banking crisis, partly driven by the Fed's response to the inflation crisis. Where do we stand now?
The St. Louis Federal Reserve Bank (FRED) has released US inflation expectations indicators measured by breakeven inflation rates for 10-year and 5-year periods. The indicators show that the latest market demand for the US dollar is validated by the US inflation expectations, as early signals of US price pressure have recently become more robust. In other words, the 10-year breakeven inflation rate has risen to a one-week high.
The market risk appetite has rebounded and the EUR/USD has found some relief above the key support level of 1.1000. Overall US inflation is expected to slow to 4.4%, while core inflation is expected to rise to 5.8%. ECB President Lagarde has opened the door for a rate hike of at least once. In the Asian session, the EUR/USD is trading...
Since trillions of dollars change hands on the foreign exchange market daily, it becomes highly intriguing to scammers.
Those who fall victim to investment scams often experience severe financial hardships.
When forex trading is becoming increasingly popular, scammers seem to have learned more advanced techniques to defraud clients.
Recently, a Malaysian investor said that the Ponzi scheme Herzen is rampant in Malaysia and cheated many Malaysians.
With an average daily turnover of $6.6 trillion, the currency market is the most alluring spot for scammers to profit from their rob.
Withdrawal of funds has always been one of the issues of great concern for investors.
Forex trading is a riskier form of investment, and signing up with a scam broker makes it even more horrible.
Forex scams have long existed, and they will probably stay forever. Despite strict supervision, authorities struggle to get a complete hold of scammers.
"One Comment" by Fed Officials Boosts Dollar Rebound, Euro May Challenge 1.1175
US dollar strengthened after strong job growth in March, raising the possibility of Fed interest rate hike in May. European markets closed on Monday, while investors await US Consumer Price Index data for March. Euro fell due to ECB rate hike expectations. Pound fell on inflation concerns, despite improving macroeconomic expectations. Nomura Securities predicts GBP/USD may reach 1.30 in 2023. Hedge fund expects Fed to loosen monetary policy, leading to possible 10-15% drop in dollar value over next 18 months.