NZ Dec. trade data: Exports NZD6.72bn (prior 6.68bn) & Imports NZD7.19bn (prior 8.54bn)
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
How to Trade Forex News: An Introduction
Major economic data has the potential to drastically move the forex market. It is this very movement, or volatility, that most newer traders seek when learning how to trade forex news. This article covers the major news releases, when they occur, and presents the various ways traders can trade the news. Why Trade the News […]
How to Trade Cryptocurrency: Trading Guide for Beginners
2023.01.27 2023.01.27 How to trade crypto Michael Hypovhttps://www.litefinance.org/blog/authors/mikhail-hypov/ Despite the closure of some cryptocurrency exchanges and the protracted decline in the value of digital assets, crypto trading is still popular. There are new players who want to start trading cryptocurrency and make money on it. In this article, we will look at the structure of […]
Ascending Triangle Pattern: How to Identify and Trade Guide
2023.01.24 2023.01.24 Ascending Triangle Chart Pattern: Definition, How to Trade it Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ The ascending triangle chart pattern came to us from Western technical analysis. The formation of an ascending triangle pattern on the chart warns traders of an imminent upward impulse breakout. The pattern is characterized by “squeezing” the price from below. That is, […]
Lula says Brazil and Argentina will study common currency for trade By Reuters
© Reuters. Brazil’s President Luiz Inacio Lula da Silva speaks at a bilateral agreement signing ceremony with Argentina’s President Alberto Fernandez (not pictured), during?Lula da Silva?s?first official visit abroad since his inauguration, at the Casa Rosada presid BUENOS AIRES (Reuters) – Brazilian President Luiz Inacio Lula da Silva on Monday said Brazil and Argentina are […]
Brazil, Argentina to encourage trade, says Haddad; plays down common currency By Reuters
© Reuters. FILE PHOTO: Brazil’s new Economy Minister Fernando Haddad is seen at the Planalto Palace in Brasilia, Brazil January 5, 2023. REUTERS/Adriano Machado/File Photo By Lisandra Paraguassu BUENOS AIRES (Reuters) – Brazilian Finance Minister Fernando Haddad played down the idea of a single shared currency between Argentina and Brazil late on Sunday, saying the countries were looking […]
Trade ideas thread – European session 23 January 2023
Dollar on the brink? That’s one possibility of a break to watch in trading this week, ahead of the FOMC meeting next week. Here are some key levels in consideration: EUR/USD is at fresh highs since April last year, pushing 1.0900 as buyers eye 1.1000 GBP/USD knocking on the door of its December highs at […]
US Dollar Slips as Markets Weigh Fed Perspectives in Thin Trade. Lower USD?
US Dollar, DXY Index, USD, Fed, Lunar New Year, Crude Oil, Gold – Talking Points The US Dollar dipped today on the possibility of the Fed being less aggressive Equity markets that remain open over the Lunar New Year are buoyant so far today If Fed slows its hiking pace, will the DXY (USD) index […]
Asia FX rises in holiday trade as China recovery bets grow By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies strengthened in thin trade on Monday, while the dollar weakened further amid growing bets that the Chinese economy will bounce back this year, with focus also turning to key U.S. data due this week. Regional trading volumes were limited with most markets closed for the […]
Dow Jones Trading: How to Trade The Dow Jones Index
2023.01.20 2023.01.20 Dow Jones Trading Artem Shashkovhttps://www.litefinance.org/blog/authors/artem-shashkov/ Dow Jones Industrial Average (DJIA) is an index that represents a collective image of American businesses with a large capitalization. Investing in it seems secure due to its long historical growth – all the participating companies have had the status of the most successful enterprises at one time. […]