On Friday, the Japanese yen rose, while the country’s stocks lost most of their gains after reports said that Shinzo Abe, the former Prime Minister of Japan, had been shot and was gravely injured. Fumio Kishida, the current Prime Minister, said that the former premier was in critical condition and had condemned the attack harshly. […]
According to data, the Canadian dollar is not expected to gain as much ground in the coming year as previously expected because the demand for safe-haven currencies like the US dollar has gone up, thanks to the growing risks of a global economic slowdown. Canadian currency strengthening The forecast had indicated that there would be […]
Asia-Pacific trading recorded a mixed session once more, but Chinese stocks were leading gains on Thursday, as markets continued to monitor the possibility of a recession. Initially, mainland Chinese markets had been struggling for direction, but managed to end the day in the green. Rise in Most Indexes There was a 2.19% increase recorded in […]
On Monday, shares in Asia-Pacific remained mixed, as investors were keeping an eye on the reaction of the market to the announcement of the latest benchmark rates in China. Losses in the Markets The losses in the major markets of the region were led by the Kospi index in South Korea that shed 2.04% and […]
The chief executive officer of Tesla, Elon Musk, recently made an announcement in regards to his approach to Twitter’s digital expansion. Musk stated that his plan is to move the social media giant within the digital payments sector. The followers and people who have been linked with Dogecoin (DOGE) know exactly what Elon Musk’s next […]
On Thursday, Asia-Pacific markets remained mixed, as most regional markets shed the gains recorded earlier after the buoyant sentiment brought on by the rate hike by the US Federal Reserve faded. Overnight movements on Wall Street had given investor sentiment a boost, as the Fed had raised its interest rate by the highest level since […]
On Wednesday, the US dollar slumped against a basket of major currencies, but was close to the high of two decades that it had reached in the previous session. Meanwhile, traders are waiting for a decision about the interest rate hike from the US Federal Reserve that will be announced later in the session. An […]
On Tuesday, Asia-Pacific markets saw shares tumble for the most part, after the S&P 500 had fallen overnight and entered bear market territory. However, Mainland China stocks were able to buck the regional trend, as they made a recovery from the losses in previous sessions. Chinese Indexes Rises, Others Fall Both the Shanghai Composite and […]
On Thursday, southern Europe recorded an increase in bond yields after a series of interest rate hikes were promised by the European Central Bank (ECB), which will start from July. The goal of tightening the monetary policy is to keep the soaring inflation in check. With the ECB confirming that it was putting an end […]
On Friday, trading in Moscow saw the Russian rouble strengthen past the 62 mark against the US dollar, but there was a sharp decline in shares of Yandexafter a new package of sanctions was introduced by the European Union against Russia. This is now the six package of sanctions to be introduced because of the […]
The Russian military offensive in Ukraine did not surprise many because Russia has been threatening to deal with Ukraine’s decision to host a foreign military post in its territory for some time now. Following Russia’s attack on Ukraine on the 24th of February, NATO and its allies have been planning to slam extreme sanctions on […]
The bears are seemingly in control of the Euro. Thus, pushing it towards the daily low levels on January 10. Weakening EUR/USD Amidst Renewed Buying Interest In USD Renewed bullishness on the USD has caused a weakening of the EUR/USD trading pair. The positive investor mood caused the renewed bullishness in the USD following unemployment […]
In the next few sections we will look at some of the common automated forex trading techniques used nowadays. These auto forex trading systems include EA Shark 6.0, ProFx 2.0, EA Sigma 4.0, FX Pulse 1.0 and similar other automatic forex trading systems. You can use these types of systems with your account at a […]
One of the more popular questions asked by forex traders is if they can make more profit using automated forex trading programs. These programs and systems have become rather popular these days because of their purported ease of use and perceived ability to make trading easy and smooth. This is actually one of the reasons […]
