8 Key Factors that Affect Forex Rates Foreign exchange market is the global market place for exchanging national currencies. Exchange rates are simply the value of one currency in comparison to another and the rate at which each currency can be traded is affect by many factors and have to be considered in every successful […]
Fresh Wave of Selling You’ve got to feel sorry for bitcoin bulls. After months of sideways action hopes of a rally were dashed as the leading digital coin broke down to fresh 2022 lows again this week. Now trading at its lowest levels since December 2020, BTC has dropped by roughly 65% this year and […]
Red Wave to Red Ripple? Counting for the US midterm elections has begun and as the initial results filter in we are seeing the Republican party closing in on winning the House, while the Senate looks far more evenly contested and Democrats are still in the lead currently. Looking at state elections, it is worth […]
On the crypto market, optimists are shedding blood, and not for the first day in a row. The BTC has dropped to 18,135 USD. The leading cryptocurrency lost 8% overnight and more than 11% over a week. Other crytocurrencies also dropped over the week: the XRP (-18%), ETH (-20%), DOGE (-38%), SOL (-42%). Meanwhile, demand […]
The market major today is aiming high. The current quote is 1.0080. The key characteristic of today is caution. No one dares to make any fast conclusions about the Congress election. No one is buying in agitation or is selling in panic. Everyone is waiting what is next; meanwhile, the currency major is growing step […]
Forex Trading Terms In order to become a successful Forex trader, is important to remain up to date with Forex news and Forex terminology that will help you with your trading. First you need to know the basics of foreign exchange. Understanding the basics is the first step towards your own trading strategy. Therefore, you […]