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What does fx stands for

In the finance industry, FX is shorthand for foreign exchange, which refers to the process of converting one currency into another. This can happen...

The CFTC Red List adds 34 unregistered foreign entities with at least six offering crypto services

The US Commodity Futures Trading Commission (CFTC) announced on Thursday that it has added 34 unregistered foreign entities to its list of registration defects...

FXCM Fortune forex trading strategy cut off losses let profits run

The essence refers to foreign exchange varieties.The essence of foreign exchange varieties is a commodity.The reason why futures market exists is that commodity prices...

What is an fx account

An FX (Foreign Exchange) account is a financial account that allows individuals and businesses to hold foreign currencies and trade them against each other....

What is forex trading

Forex trading, also known as foreign exchange trading or simply FX trading, is the practice of buying and selling currencies from different countries. The...

What problems should we pay attention to in foreign exchange trading? How to avoid it?

Old strategies often fail to work.If you want to stay profitable, you need to be prepared to update and adjust yours.Market conditions are changing...

Even ECB rate hikes won’t stop the euro from plunging

On August 24, the euro was hovering below parity against the dollar after its recent slump, and even a sharp interest rate hike by...

The U.S. GDP growth rate in the third quarter was slashed again, and the recession alarm sounded again

On Tuesday (August 16), local time, the Atlanta Fed’s GDPNow model showed that the U.S. GDP growth rate in the third quarter was expected...

ING: Dollar sell-off won’t last

Global risk assets rose strongly as U.S. CPI fell below expectations in July. Investors interpreted the data as a reason for the slowdown in...

What is a Pivot Point in Forex Trading?

A pivot point in financial trading refers to a turning point or condition of a trend, a concept that applies equally to the foreign exchange...

Which economic data affects the dollar’s trend?

Which economic data affects the dollar's trend ? We will identify the five economic indicators that have the greatest impact on USD/EUR, benchmarked against...

WHAT IS LEVERAGE IN FOREX TRADING?

Leverage in forex is a useful financial tool that allows traders to increase their market exposure beyond the initial investment (deposit). This means a...

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