As we step into another dynamic week in the forex market, traders should keep an eye on several key events and indicators that could influence currency movements. Here’s a breakdown of what to watch this week: 1. Economic Data Releases U.S. Non-Farm Payrolls (NFP): Eurozone CPI Data: China’s Manufacturing PMI: 2. Central Bank Announcements Federal […]
The Shiba Inu (SHIB) community has been eagerly watching the market dynamics, and there’s a buzz of excitement as recent data unveils a substantial drop in SHIB’s supply on exchanges. This intriguing development has sparked optimism, suggesting that the Shiba Inu price may be poised for an extended recovery. Let’s delve into the implications of […]
Solana, the blockchain platform known for its lightning-fast transactions and scalability, is making waves in the crypto sphere as it proudly announces a remarkable milestone – surpassing 2,500 monthly active developers. This surge in developer activity signals a profound impact on Solana’s ecosystem, fostering innovation and solidifying its position as a powerhouse in the blockchain […]
As the cryptocurrency market continues to evolve, all eyes are on the potential game-changer – the approval of Spot Bitcoin Exchange-Traded Funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Speculation is rife that this week could mark a significant milestone for Bitcoin, with the SEC poised to greenlight Spot BTC ETFs. Let’s delve […]
Introduction to Forex Trading in Asia Forex trading, also known as foreign exchange trading, is the buying and selling of currencies on the global market. It is a decentralized market where participants, including banks, financial institutions, and individual traders, exchange one currency for another at agreed-upon prices. The Forex Market in Asia Asia is a […]
It appears that the DXY Index, representing the US Dollar, is facing downward pressure despite positive economic data such as strong Nonfarm Payrolls (NFP) and higher-than-expected Average Hourly Earnings for December. The primary factor influencing the market sentiment seems to be the disappointing ISM Services PMI for the same month. The Federal Reserve’s dovish stance, […]
The EUR/USD fell to a three-week low on Friday after European inflation rebounded higher in December, with the Eurozone Harmonized Index of Consumer Prices (HICP) for the year ended December climbing to 2.9% versus November’s YoY 2.4%. Markets were expecting a print of 3.0%, but higher inflation of any amount reduces the chances of the European Central Bank […]
In the fast-paced world of forex trading, staying updated with high impact news is crucial for traders. These news events can have a significant impact on currency pairs and can create opportunities for profitable trades. Today, let’s take a look at some of the high impact news events that forex traders should pay attention to. […]
Marketing Director Daniel Pinto: A Decade of Driving Client Acquisition Across Asia in CFDs, Crypto, and Investment Products In the fast-paced and highly competitive world of financial markets, few professionals have the expertise and track record that Daniel Pinto brings to the table. With over 10 years of experience in the marketing and financial sectors, […]
Flash loans have gained significant popularity in the world of finance due to their unique features and benefits. These loans allow borrowers to instantly borrow a large sum of money without any collateral, as long as the loan is repaid within the same transaction. While flash loans have proven to be useful in certain situations, […]
