December 2020

December Vaccination Plan Boosts Stocks; U.S. Dollar Down, WTI Crude Oil Bid.

The US Dollar briefly reversed course after Steve Mnuchin, the Secretary of the US Treasury, announced that the Federal Reserve Bank would return funds intended specifically for loans

The Australian Bureau of Statistics recently reported that the unemployment rate in October stood at 7 percent, an increase from the previous month’s 6.9 percent but lower than expected, as analysts predicted it to be at 7.2 percent.

Stocks Lower on Natural Retracement; U.S. Dollar and Yen Strengthen, WTI Crude Oil Hits 2-Month High.

The United Kingdom’s Office for National Statistics reported that the Consumer Prices Index (CPI) for September went up more than expected in October at 0.7 percent (year-on-year), after being at 0.5 percent in the previous month.

Despite the downturn caused by COVID-19, energy stocks still create great trading opportunities. Here’s why.

A demo account assists traders in trading in a no-risk environment, while a forex real trading account is for traders who can calculate their trading risks

Monetary policies tend to affect the Forex market. A hawkish stance often results in the appreciation of a currency, while a dovish has the opposite effect. This article will clarify these concepts, and also explain better the role of central banks in the Forex market.

Are you a trader looking to minimize losses and gain reliable returns? If so, it can be a good idea to communicate with other traders around the world and also follow top analysts using social media platforms such as Forex Facebook groups, Telegram channels, or forums.

Since the cryptocurrency boom of the late 2010s, many traditional Forex / CFD brokers have begun to offer trading in the most major liquid cryptocurrencies such as Bitcoin, Ethereum, Tether and Ripple. This has made trading in cryptocurrencies considerably easier. You may choose to trade traditional Forex currency pairs or Read more…