Familiar with the concept of a Demo Account and its potential for facilitating cost-free learning in Forex trading? In the following discourse, we delve into the manifold applications of demo accounts as an indispensable tool for beginners. This conduit enables fledgling traders to hone their trading skills in a simulated market environment, sans any exposure to genuine monetary risks.
Discover the correlation in FOREX pairs
Discover this fundamental tool called Correlation in Forex pairs and unlock the secrets of currency movements! Today, we will explore the correlation analysis between currency pairs in the Forex market. That’s right, you will discover the secrets behind currency movements and how to identify business opportunities based on these correlations. Correlation between currency pairs is a fundamental tool for any trader. It allows us to identify the degree of relationship between different currencies and predict their movements. This is vital because, by knowing the correlation between pairs, we can diversify our investments, minimizing risks and increasing the chances of successful...
Bull run continues in full swing, and it’s Asia’s turn to get into the spirit.
The market continues to observe an intense bull run, with the XAUUSD gold contract soaring and speculation around Artificial Intelligence boosting the Tokyo stock exchange, which surpassed the unprecedented 40 thousand points mark. Along with the American and European stock markets, they are renewing historic highs. The bull run continues in full swing, and it’s Asia’s turn to get in on the action.Last week, the market started cautiously. On the one hand, the bull run is already underway, targeting future interest rate cuts in the US and Europe. On the other hand, the fear that these cuts could be postponed...
American inflation postpones bets on interest cuts
Discover the key events and indicators shaping the markets this week! From corporate balance sheets to economic data, we keep an eye on everything. This week, events such as the balance sheet of important companies stand out, including the giant NVIDIA and Vale, as well as economic indicators, such as the Eurozone CPI and Germany’s GDP. At the same time, we look at the performance of assets such as gold and the Euro/Dollar pair, which offer valuable insights into trends and potential investment opportunities. American inflation heats up and postpones bets on interest rate cuts. It seemed to be a...
Postponed interest rate cuts, results from technology companies and the return of the banking crisis are the highlights of the week.
Exploring highlights and trends from global markets, dive with us into the latest economic updates and their impact on investing. From FOMC speeches to developments in the gold and Euro/USD markets, stay on top of the opportunities and challenges shaping today’s financial landscape. What a week! Starting with monetary policy decisions, we had the president of the ECB, Christine Lagarde, stating that the next interest rate change will be a cut, although she did not commit to saying when. Jerome Powell, president of the American Central Bank, also did not want to commit and was even a little more rigid...
