EUR/USD to reach 1.14, USD/JPY to sink toward 121 by year-end – BNP Paribas
The economists at BNP Paribas Research have revised their targets on EUR/USD and USD/JPY as they anticipate the Dollar to embark on a bearish trend. The team believes that this bearish trend in the USD is a multi-year one and that portfolio flows will become increasingly negative for the currency. This is due to the […]
The Mental Strategies of Professional Forex Traders
The Mental Strategies of Professional Forex Traders Forex trading is one of the most lucrative and fast-paced markets in the world. It is also one of the most volatile, with traders needing to be able to make quick decisions in order to capitalize on opportunities and minimize losses. As such, it is essential for professional […]
The Essential Guide to Understanding Crypto Wallets
The Essential Guide to Understanding Crypto Wallets Cryptocurrency has become a major financial force in the world, and the need to store and manage it securely has become more important than ever. Crypto wallets are the perfect solution for this, providing a secure, easy to use way to store and manage your digital assets. But […]
Harley-Davidson raises dividend to 16.50 cents
Harley-Davidson Inc. (HOG) announced late Friday that its board of directors has authorized a dividend of 16.50 cents per share for the first quarter, up from 15.75 cents per share. This dividend is payable on March 20 to shareholders of record as of March 3. Shares of Harley-Davidson were flat in the extended session Friday […]
MakerDAO voting on $100M loan participation with Florida commercial bank
Crypto lending platform MakerDAO is voting on a new proposal to bring another commercial bank into its ecosystem, strengthening the connection between decentralized finance (DeFi) and traditional finance. As per MakerDAO’s governance forum, Cogent Bank, a Florida commercial bank, is proposing to participate with $100 million in loans to MakerDAO’s RWA Master Participation Trust. The […]
XAU/USD recovers and hovers around $1830s as US yields, and the USD edged lower
Gold prices are set to finish the week with losses of around 1.60%, trading below $1,850. This decline is mostly attributed to the US inflationary data released on Valentine’s Day, which reignited investors’ worries about a hawkish Federal Reserve. US equities are trading with losses on risk aversion, as the US Consumer Price Index (CPI) […]
Harnessing the Power of Forex Fundamental Analysis
Harnessing the Power of Forex Fundamental Analysis Forex fundamental analysis is the process of studying the economic and political factors that influence the value of a currency. By understanding the underlying forces that affect a currency’s value, traders can make more informed trading decisions. In this article, we’ll explore the basics of forex fundamental analysis […]
U.S. Dollar Index touches six-week high as traders revise Fed rate-hike expectations
The ICE U.S. Dollar Index touched its highest level since early January on Friday, as a stream of positive economic data had traders factoring in a growing chance of a half-a-percentage-point interest rate hike by the Federal Reserve in March. The index was up almost 0.1% at 103.93 during the New York afternoon after touching […]
Getting Started with Cryptocurrency: What You Need to Know
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 is a form of digital currency that is decentralized, meaning it is not controlled by any government or central […]
The Mental Benefits of Trading Stocks: How to Achieve Financial Freedom
Introduction When it comes to achieving financial freedom, trading stocks is one of the most popular options. It offers a way to make money without having to put in a lot of hard work, and it can be done from the comfort of your own home. But what many people don’t realize is that trading […]