WCG Markets:2023-04-18
WCG Markets:2023-04-18
How does the Stock Market Volatility Impact Forex Trading?
While the Stock market and the Forex market are two of the most significant components of the global financial system, interestingly, both are closely interconnected. It is no secret that stock market volatility can affect various aspects of the economy, but how does it affect Forex trading? Join us on this journey to learn how volatility in the stock market affects Forex trading and what forex traders can do to mitigate risks and seize opportunities!
How to Learn Finance: An Insider's Guide to Money Management
Money management is an essential skill that benefits you throughout your life – but not everyone is good at it. A decision to learn finance will pay off in many ways, including banking, budgeting, saving, credit, debt, and investing. If you are wondering how to improve your financial acumen? What are the key concepts of money management that are essential for prosperity? And what’s the best source of advice? This article helps you make sense of the financial world!
MHMarkets ：MHM European Market
On Monday (April 17), spot gold oscillated slightly up during the Asian session and is currently trading around $2006.32 per ounce. The dollar index rally was blocked at the 10-day SMA, giving gold prices the opportunity to rebound; gold prices plunged on Friday, the short term technical surface also exists oversold rebound demand. However, the technical surface short term topping signal is strong, and investors also need to beware of gold prices after the shock adjustment of further downside r
MHMarkets ：MHM Today News
On Friday, due to the release of retail sales data after the surge in market bets on the Fed's May rate hike, coupled with the Fed governor put hawk and consumers' recent inflation expectations unexpectedly strong recovery, spot gold from more than a year high plunged more than 50 U.S. dollars, but the end of the small rebound above the 2,000 mark, finally closed down 1.74% at $2004.26 per ounce; spot silver also plunged on the US market high, and finally closed down 1.72% at $25.36 per ounce.
Investment Time Horizon: Why is it important to wealth creation?
Failure to match the investment type with the time frame is one of the most significant mistakes that an investor can make. This is why defining your investment time horizon is of utmost importance!
Bitcoin Trading: What Is a Satoshi and How to Calculate Its Value?
Similar to dollars, a single Bitcoin can be divisible, and the smallest unit is referred to as a Satoshi, named after the anonymous creator of Bitcoin, Satoshi Nakamoto. By using Satoshi, traders can purchase or trade fractional amounts of bitcoin, which facilitates investment in smaller increments.
What time does the forex market open
The foreign exchange market, or forex, is a global decentralized market. Optimal times to trade the forex market are when the market is most active, which is often when the trading hours of major regions overlap.
Two stocks worth following in April
Sometimes it’s easy to get stuck with a small selection of stocks on your watchlist. It actually makes sense. To trade stocks requires research, and trading 20 different stocks at one time is difficult it’s hard to stay current on so many.
Sticky US inflation keeps markets on edge, UK GDP in focus
Traders await the US March inflation report, the Federal Open Market Committee (FOMC) minutes release and the Bank of Canada (BoC) interest rate decision due which was published last week.
Iran seizes foreign vessel carrying smuggled fuel - Tasnim
The IRGC Navy seized a foreign vessel carrying nearly 1.5 million liters of fuel in the Persian Gulf and detained its crew, the IRGC-affiliated Tasnim News Agency reported on Sunday. It is unclear when exactly the vessel was seized.
CM Globals Supports Small Investors
CM Globals, a leading financial services firm, announced today that it is committed to supporting small investors by offering the lowest spreads and commissions in the market.
04/14 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
New Products Launch in April
We will be launching new products on April 17th, 2023, as mentioned in the table below. The time and date in this notification are GMT +3 and can be subject to change. For the most up to date information, please refer to the trading platform.
MHMarkets ：MHM European Market
On Friday, April 14, in the Asian session, spot gold fluctuated slightly, approaching the overnight high of over a year, as the US dollar continued its overnight decline, reaching a new low of nearly a year to 100.77. Affected by the weak PPI data overnight, the market expects the Federal Reserve to temporarily stop raising interest rates after May, and expectations for a rate cut this year have also increased.
MHMarkets ：MHM Today News
On Thursday, as more weak US economic data supported the market's bet that the Federal Reserve was about to suspend interest rate hikes, spot gold surged above the $2040 level, breaking a new high in over a year, about $30 from its historical high set in 2020, and finally closed up 1.25% at $2040.13/ounce; Spot silver briefly approached the $26 level and ended up 1.29% higher at $25.83 per ounce.
WCG Markets:2023-04-14
WCG Markets:2023-04-14
Short Selling: How to Short Forex, Stocks, Gold and Crypto?
Most investors make money by buying securities in anticipation that their prices will rise over time, and then selling them at a profit later. This is known as ‘going long’. Contrarily, short selling is a way to make money in a bearish market by betting that a security will decline in value. Beneath the surface of seemingly altruistic efforts, short sellers possess a profit motive, aimed at profiting from impending drops in securities prices.
04/13 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Why is the need for learning Forex Trading
The Good thing with Forex Trading is that, Forex trading can be done anywhere in the world at any time! As mentioned earlier, all you need is a reasonable laptop and a stable internet connection and you’re good to go.
Latest News
US Authorities Dismantle Multi-Billion-Dollar Crypto Money Laundering Network
WikiFXItaly CONSOB banned four illegal websites
WikiFXFXTM Broker Review: What Traders Should Know
WikiFXeToro Acquires Spaceship to Expand Super Funds in Australia
WikiFX17 Arrested in RM32.9M Pantheon Ventures Investment Scam
WikiFXAn Overview of G4 Markets
WikiFXFXSTOCK Corporation Group Launches Retail Forex Trading Platform on MetaTrader 5
WikiFXXM Festive Season Promo is about to end! Join Asap
WikiFXCFI is Sponsoring NBA Abu Dhabi Games 2024
WikiFXArgentina records sharp rise in poverty
WikiFX