Midweek Market Overview 07 February 2023
The Dollar rolls into midweek flexing its muscles against its peers on the back of upbeat US Jobs data. Dollar Midway through the week and the Dollar finds itself nearing a one-month high. Factors driving this renewed buying interest can be attributed to firmer US employment data, as well as president Biden and Treasury secretary […]
What Are Derivatives: Overview, Types, Benefits, and Disadvantages
2023.02.01 2023.02.01 What Are Derivatives? Essential Things You Need to Know Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Obtaining financial literacy is a complicated process that entails a confident understanding of major financial concepts such as implementing money-saving strategies or creating advanced investing roadmaps. It starts by acquiring basic knowledge of money matters and proceeds with research on more advanced […]
Midweek Market Overview: 01 February 2023
Central Banks are in focus this week as investors eye the FOMC as well as ECB and BoE meetings. Dollar Midway through the week and the Dollar continues to find support above the key 101.28 level, as bears snap a three-day uptrend ahead of the much-anticipated Fed interest rate decision later today. Factors driving this […]
Momentum Indicator: Overview, Strategy, Examples for Forex Trading
2023.01.31 2023.01.31 Momentum Indicator for Trading Strategy 2023-2024: Full Guide with Charts and Examples Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Momentum indicator is a technical tool that determines the trend strength, direction of the price movements, and the further potential of the market development. Momentum indicators are used to analyse any market: Forex, stocks, commodities, cryptocurrency. The momentum indicator […]
Midweek Market Overview: 18 January 2023
The Dollar finds support at the crucial 101.66 level, as investors eye US Retail sales and PPI data. Dollar The Dollar continues the week with a mild recovery as it finds support at the 101.66 level, as speculative bulls eye US Retail Sales and PPI data. This renewed buying interest comes as the DXY reaches […]
Midweek Market Overview – January Week 2
The Dollar continues to retreat on the back of Chair Powell’s speech & ahead of US CPI data this week Dollar The Dollar finds itself bouncing off a 7-month low midweek, on the back of an important speech by FED chair Jerome Powell. The speech failed to inspire bullish impetus, mainly because it lacked any […]
Overview of FXOpen’s Best-performing PAMM Accounts of December 2022 – Analytics & Forecasts – 9 January 2023
Congratulations, traders, providers, investors, FXOpen hopes you have merrily celebrated Christmas and the New Year. For the coming year, we would like to wish you not to be afraid to take risks, to act decisively in any situation, and to be successful in trading and investments! During the New Year holidays, the market is unstable, […]