Swing trading is an approach that capitalizes on short-term price movements to make profits. It differs from day trading, which involves purchasing and selling pairs simultaneously. Swing traders search for pairs with the potential for a large return over an extended period. They use fundamental analysis to understand what factors could cause a pair’s price…
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What Is Bitcoin? Mining, Investing & More
Bitcoin is a digital currency that operates without the oversight of banks or governments. Instead, it utilizes peer-to-peer software and cryptography to create a public ledger which records every transaction. Due to its limited supply (21 million coins in circulation), Bitcoin will likely remain valuable over time as people view it as a form of…
Interactive Brokers Review- From A to Z!
Interactive Brokers boasts a comprehensive suite of research tools and trading platforms, making it an ideal choice for active investors. Plus, this broker is one of the few we’ve reviewed that provides no-transaction-fee mutual funds – an impressive feature! The company boasts an expansive Traders’ Academy portal and blog that provide market commentary. Furthermore, it…
The Best Day Trading Brokers- Top 7!
Want to know which the best day trading brokers are but don’t know where to start? Well I have compiled a list of the top brokers you can trade with if you are passionate about day trading! The best day trading brokers offer a range of tools to help you trade currencies, stocks and ETFs….
What is Blockchain? A Beginners Guide
Blockchain is a secure, tamper-resistant system that enables individuals to carry out transactions without the need for a central authority. It has applications ranging from payments to land titles. It is a digital ledger shared across an extensive network of computers, making it virtually impossible to alter or manipulate. The network updates its copies of…
Pepperstone Review: All You Need To Know!
Pepperstone is a forex broker that offers tight spreads, low commissions, and fast execution. It also has a high level of client satisfaction and supports many different trading platforms. Pepperstone offers clients access to a wide range of trading instruments. It also provides lightning-fast execution systems for traders who want to maximize their profits. The…
Fed Chairman Powell Reassures Markets
Powell: “I expect a significant drop in inflation in 2023” Fed head jerome powell gave a speech yesterday February 7, 2023 saying that further rate hikes needed to cool inflation. The speech was in response to the strong jobs report released last week. Inflation has been slowing since the Fed raised rates a quarter of…
NFP Beyond Expectations in Jan 2023
Non Farm Payrolls Positive Data in January 2023 January 2023 NFP data spiked to 517k versus 185k expected, and unemployment rate also fell to 3.4%. This figure was well beyond expectations, with an estimate standing at 185k and suggests a strong jobs recovery. The US non farm payrolls (NFP) data, usually released on the first…
The ECB Raises Rates by 50 Basis Points
The rate hike continues Yesterday 2 February 2023, the European central bank (ECB) raised interest rates by 50 basis points. The ECB said that it would stay the course in raising interest rates significantly at a steady pace, and new hikes were expected in the coming months. 1. The euro fell 20 pips against the…
US Dollar Falls Despite Rising Interest Rates
The Fed Interest Rate Decision The Fed’s recent decision to raise interest rates 25 basis points on February 1, 2023 is the eighth straight hike in an attempt to tamp down high inflation. Despite this rate hike, the markets bet on the US dollar short, interpreting Jerome Powell’s word disinflation as an easing of the…