What is forex? The foreign exchange (also known as FX or forex) market refers to the conversion of one currency to another by individuals, enterprises or central banks. It can be understood as a market that connects ...
What is forex? The foreign exchange (also known as FX or forex) market refers to the conversion of one currency to another by individuals, enterprises or central banks. It can be understood as a market that connects ...
Trading hours in the FOREX market are divided into four sessions: Sydney hours, Tokyo hours, London hours, and New York hours. Following is a schedule of the opening and closing hours for each market: Summer ...
There are a wide variety of FOREX currency pairs. To engage in FOREX trading, investors generally choose to start with major currency pairs. Major currency pairs refer to those involving the US dollar. The most popular currency pairs are EUR/USD, USD/JPY, etc. ...
FOREX is quoted in currency pairs, such as GBP/USD or USD/JPY. Take GBP/USD for example: BUY GBP/USD = 1.33722 SELL GBP/USD = 1.33704 The currency to the l...
There are many factors affecting the medium and long-term trend of the FOREX market, including interest rates, gross domestic product (GDP), US non-farm payrolls (NFP), consumer price index (CPI), producer price index (PPI), durable goods orders, claim...
Currency is the most common thing in daily life. It can be used to buy goods and services. when we go abroad, we should do the forex exchange. 1pound can exchange 1. 2937 US dollars, ...
Why do we trade FOREX? 1. Forex is a 24-Hour Market with margin trading. The FOREX market is opened around the clock, so you can trade at your preferred time. 2...
Historical investment opportunities and profit space inf crude oil during 2009-2020 Opportunities Entry($) Target($) Profit Margin($) ...
Introduction of Oil Oil is one of the most actively traded commodities in the world,it also knows as 'petroleum or crude oil' or more popularly known as 'Black Gold' in the modern world. Generally speaking, price fluctuation of crude oil is closely related ...
Crude oil demand 1. crude oil demand is positively correlated with the global economic growth. Novel Coronavirus pneumonia has been affected by the recent outbreak of the global economy, factories have shut down and oil demand has fallen sharply, resulting ...
Commodities refer to raw materials that are extensively used in industry or agriculture, and are purchased and sold on a wholesale rather than retail basis. Commodities are generally classified into three cat...
Supply and demand are important factors that affect commodities. Taking oil as an example, if the supply of oil is expected to be strong, and market demand for it does not change much, then the oil price will fall. Often, tensions in the Middle East af...
If you wish to trade commodities, gold and crude oil will probably be your first choices to start. Gold is an important hedging tool in the market. When the world encounters political instability or economic downturns, people will worr...
Gold, is the most favorite commodity for investors. Why is gold so attractive? When investors lose faith in paper currencies and other asset markets, Gold has retained their values. Gold prices are often ...
Indices (also known as stock indexes) represent the value of a group of assets or stocks listed on a particular exchange. Market indexes are used as important benchmarks in measuring various assets' returns,...
In 1988, an investor holding $100, if he participated in index investment, by June 2020, it would become $2280; if he bought bonds, it would become $884.8; if he bought gold, it would become $405. If he doe...
Reasons for the surge in technology stocks Quantitative easing Quantitative easing(QE) measure has caused a lot of funds to flow into the stock market, causing the stock market to deviate from the fundamentals. In the pas...
The COVID-19 hit the global economy this year, but under the leadership of technology giants such as Apple, Tesla, Amazon, Alphabet, Facebook, and Microsoft, the Nasdaq Index continues to set new record highs. Tesla, Facebook, Amazon, Apple, and other highf...
As if worrying about the rapidly spreading coronavirus isn't taxing enough, we're also dealing with a full on-stock market crash. On March 18, the circuit breaker was triggered after the U.S. S&P 500 Index f...
What is virtual currency? Virtual currency, also known as Cryptocurrency, is an electronic currency used cryptography and distributed ledger technology to create. It is safe, anonymous, and can track its own performance. The names we ofte...