Understanding the Risks of Forex Trading and How to Manage Them
Understanding the Risks of Forex Trading and How to Manage Them Forex trading is one of the most popular forms of trading on the financial markets today. It involves buying and selling currency pairs in the hopes of making a profit. While it can be a lucrative investment, it is also one of the riskiest. […]
Crypto Basics: A Simple Explanation of Cryptocurrency
Introduction Cryptocurrency is a revolutionary technology that is changing the way we think about money, banking, and digital transactions. Cryptocurrency is a digital asset that uses cryptography to secure transactions, control the creation of new units, and verify the transfer of assets. It is decentralized, meaning it is not controlled by any single entity or […]
Microchip Technology to create 400 more jobs in Colorado as part of $880 million expansion of chip-making facility
Microchip Technology Inc. (MCHP) announced on Friday that it will be creating 400 new jobs in Colorado Springs, Colorado as part of an $880 million expansion of its semiconductor fabrication facility. The facility currently employs more than 850 people and produces silicon carbide (SiC) and silicon (Si). Chief Executive Ganesh Moorthy stated that the Chips […]
The Potential of Investing in a Stock Market IPO
The Potential of Investing in a Stock Market IPO An initial public offering (IPO) is a process by which a company issues shares of its stock to the public for the first time. It is a way for companies to raise capital for expansion and other activities. For investors, IPOs offer an opportunity to get […]
MakerDAO Co-Founder Mushegian Left ‘Principles’ of His Latest DeFi
Nikolai Mushegian, the co-founder of MakerDAO, left behind a code of principles before his mysterious death three months ago. This manifesto, which was recently published by his colleague Brian McMichael, provides insight into the 29-year old’s views on DeFi tech development, ecosystem building, and working with potential users. McMichael shared the manifesto on his Twitter […]
Struggles to find acceptance above 100 DMA, bullish potential intact
The USD/CAD pair has seen a goodish rebound this week, climbing to its highest level since January 6 and drawing support from a combination of factors. Sliding crude oil prices have undermined the Loonie, providing a goodish lift amid sustained US Dollar buying. Despite the overbought RSI on hourly charts failing to assist bulls to […]
Uncovering the Mysteries of Forex Fundamental Analysis
Uncovering the Mysteries of Forex Fundamental Analysis Forex trading is a complex and often intimidating process, but it doesn’t have to be. By understanding the fundamentals of fundamental analysis, traders can quickly and effectively analyze the markets and make informed decisions. In this article, we’ll explore the basics of forex fundamental analysis, what it is, […]
Crypto for Beginners: Everything You Need to Know About Cryptocurrency
Introduction Cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrency first appeared in 2009 with the launch of Bitcoin, and since then, a variety of other cryptocurrencies have emerged. […]
Baker Hughes data show a weekly decline in active U.S. oil-drilling rigs
Baker Hughes, Inc. (NYSE: BKR) reported on Friday that the number of active U.S. rigs drilling for oil fell by two to 609 this week. This follows a climb of 10 oil rigs last week, and the total active U.S. rig count, which includes those drilling for natural gas, also declined by one to 760. […]
Subdued around 143.40s, as bulls prepare for an assault to 145.00
The EUR/JPY is having a good week, registering gains of 2.22% after facing solid resistance around 143.60. Price analysis reveals that the EUR/JPY is in consolidation within a 130 pip range around the 143.00 psychological barriers. The pair hit a fresh weekly high at 143.67 on Friday, but some of those gains were reversed, leaving […]