Is Forex a Scam?
Ever stumbled upon flashy ads claiming you can get rich quick by trading forex, and wondered: is forex a scam ? You’re not alone. This…
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S&P 500 Futures Slip 0.51%
U.S. stock futures dropped early Friday as the postelection rally showed signs of faltering and the Federal Reserve indicated a cautious stance on further interest rate cuts. Dow Jones Industrial Average futures fell 156 points, or 0.36%, while S&P 500 and Nasdaq 100 futures declined 0.51% and 0.76%, respectively. Tech stocks saw mixed fortunes, with…
GBP/USD Under Pressure as Markets Question Bank of England’s Stance
By RoboForex Analytical Department The GBP/USD pair remains under pressure, trading around 1.3460, as it contends with a mix of conflicting factors. In the UK, Bank of England Governor Andrew Bailey stated that inflation is expected to decline next year but confirmed that the central bank’s policy will remain restrictive. He pointed to a weakening…
Guide to MT4 Swap: Maximize Your Forex Returns Overnight – Edge-Forex :
Forex trading offers great potential for profit, but it’s crucial to understand key concepts like MT4 Swap to maximize your returns. MT4 Swap, also known as a rollover fee, plays a critical role in determining the cost or profit of holding positions overnight. By mastering how swap rates impact your trades, you can optimize your…
GBPUSD Technical Analysis – The pair rallies on larger Fed cut expectations | Forexlive
Fundamental Overview Last Thursday, WSJ’s Timiraos published an article which seemed suggesting that a 50 bps cut was still being discussed. The market responded by raising 50 bps cut probabilities to around 40% from 13% before the news. Nick Timiraos is considered a Fed “insider”, so the market is attentive to all of his pieces…
