Forex Blog
A Guide for 2024 Best Forex Brokers in the Philippines
Introduction Forex trading in the Philippines has seen a significant rise in popularity, offering Filipino traders access to global currency markets. With the increasing number of brokers catering to the Philippine market, choosing the right platform becomes crucial...
Forex Analysis: 19 Feb 2024 FX & Stock Market Trends
19 Feb 2024 Forex Analysis Currencies: A Weekly Market Analysis Resilience Amid Inflation Concerns: Despite worries over US inflation, US stock indices and gold prices have managed to recover losses, maintaining positions close to multi-year highs. Persistent...
Forex Analysis: 16 Feb 2024 Currency, Gold & Stocks
16 Feb 2024 Currencies Focus: US Dollar and Gold Prices Navigate Economic Waters: Gold prices have made a significant recovery, surpassing the $2,000 mark due to the weakening US dollar and the drop in Treasury yields, sparked by less favorable US economic data. The...
A Complete Review On 8EightCap Forex Broker
EightCap Forex Broker Review EightCap stands out in the competitive landscape of online forex and CFD trading, extending its services to a global clientele with a diverse range of trading and investment solutions. Since its establishment, EightCap has been dedicated...
Forex Analysis: 15 Feb 2024 Currencies, Shares & Crypto
Daily Forex Analysis for 15 Feb 2024 CURRENCIES: A Brief Overview US Dollar Trends The US dollar finds equilibrium after its initial jump following the CPI data announcement, with the DXY index hovering near equilibrium. This stabilization doesn't necessarily signal a...
Forex Analysis: 15 Feb 2024 Gold, Forex and Stock Updates
Gold, Forex, and Stock Responses to US CPI Data Gold's Market Reaction Post-US CPI Announcement Following the release of the US Consumer Price Index (CPI) data, gold prices fell to their lowest in two months, reflecting the market's anticipation of a more hawkish...
Forex Analysis: 13 Feb 2024 Gold, Forex, & Stock
CURRENCIES: Gold Price Trends: Gold prices experienced a downturn, influenced by the uptick in U.S. Treasury yields and a strengthening U.S. dollar. This trend highlights the inverse relationship between gold prices and U.S. economic indicators. Gold prices decline....
Forex Analysis: 12 Feb 2024 Dollar, Stock, and Crypto
Insights CURRENCIES: The DXY index experienced an uptick due to rising U.S. Treasury yields, with the market's attention turning to the forthcoming January inflation report. Expectations set the headline CPI to decelerate to 3.1%, with core CPI anticipated at 3.8%. A...
A Complete Review On Saxo Forex Broker
Saxo Forex Broker Review Saxo Bank, a leading global brokerage firm, has carved a niche in the competitive world of online forex and CFD trading. Established in 1992 in Denmark, Saxo has expanded its services worldwide, offering a broad spectrum of trading and...
Forex Analysis: 8 February 2024 Economic Signals
Decoding Economic Signals for February 8, 2024 Gold Price Dynamics and Market Anticipation Currently, gold prices are navigating through a period of anticipation, with the market on the lookout for impactful developments that could steer its short-term trajectory. A...
Forex Analysis: 7 February 2024 US Dollar & Snap Inc
Resilience of the US Dollar and Snap Inc.'s Market Strategy US Dollar's Economic Momentum The US dollar experienced a notable uplift, driven by compelling economic indicators, with further movements anticipated as Federal Reserve officials prepare to address monetary...
How to Identify a Scam Forex Broker: Key Signs to Watch For
How to Spot and Avoid Scam Forex Brokers The forex market's vast liquidity and 24/5 operating hours attract traders worldwide. However, alongside the allure of currency trading, there are unscrupulous entities, namely scam forex brokers, posing risks, particularly for...