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Humans in general grow up being taught by their environment of the importance of always being right. Those who are right are envied as the winners in society and those who are wrong are cast aside as losers...
China’s biggest state-owned banks have managed to put together an aid package worth $209 billion for the country’s margin finance agency, Chinese brokers have received a substantial lifeline to help temper a market free-fall that has roiled Chinese stock markets over the past month, according to...
Firstly, a few words about the previous week’s forecast, the accuracy of which was heavily influenced by statistical reports and by speeches of high-ranking officials: - With regards to the EUR/USD pair, we had identified 1...
Greece had a tough time making it into the euro in the first place. The country failed to qualify for the single currency in 1998 before being granted admission in 2001. And there were people who predicted it will be a further failure, ahead of their time. Here they are...
Zinger (startup initially servicing the Canadian-Filipino remittance corridor) announced partnership with Coins.ph to provide instant remittance to the Philippines. The sent Bitcoin can be cashed out at a range of Philippines locations. Lorne Lantz, CEO of Zinger, said he came onboard with Coins...
One of the most common mistakes is sticking in a trade where you know your forex trading strategy is correct, but the market continues to move against you. Famous economist John Maynard Keynes once said: “The markets can remain irrational longer than you can remain solvent”...
AUDUSD has shown several weak signals approaching the down trendline, which was a confirmation that the downtrend was to continue. After some strength on the end of the US Session at 15/July (blue dot), the market reversed and it rallied to the trendline once again...
Weekly price is on bearish market condition with below of 100-period SMA and 200-period SMA: the price crossed 60.00 psychological level on close W1 bar for the bearish to be continuing with 55...
DIFFICULT YEARS: a man riding a motorcycle in front of an electricity site development in the central business district of Beijing, China, recently. This year to be difficult years for the country's second-largest economy in the world...
After The Iran Deal To Sweeten Oil prices dropped further in Asia on Tuesday, amid signs the deal soon between Iran and Western powers that would enable Iran crude oil flows back to the global market is already saturated. A strong u.s...
Greece was declared bankrupt on June 30, 2015 because it couldn't pay his debts amounted to 1.54 billion euros, or approximately Rp 10 trillion to the International Monetary Fund (IMF). The land of the gods has long life dependent on debt...
Greece needs help debt is much larger than expected that would like to be considered by the European creditors, including the magnitude of the pieces nilai debt Greece, says the International Monetary Fund (IMF) in his latest analysis...
On Friday the greenback saw a rise versus rivals after the release of positive U.S. inflation and housing data which added to expectations for the Fed rate hike in the near future...
By Nial Fuller Have you ever felt like you are being preyed upon by some invisible ‘force’ in the market? The truth is, when we enter the trading cauldron we all start out as prey...
U.S. stocks look set to round up their week on an upbeat note on Friday, with technology stocks set to take the lead as shares of Google Inc. climbed in premarket trading on the back of blockbuster results...
Current trend In our previous forecast, we correctly indicated the uptrend. Since the end of last week, the GBP strengthened significantly against the JPY amid the falling demand for the Japanese currency. At key support levels, investors began to move money from the yen to risky assets...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. News of the week: As the euro is suffering, its British counterpart looks dreadfully good...
BNP Paribas maintains short position for EURUSD from early this week from 1.1025 with 1.05 as a target, and those are 5 reasons about why this bank is considering the short for this pair: Greek outcome. "The EUR’s attempts to rally on positive Greek news proved short-lived this week...
