forex

Understanding Currency Pairs and Exchange Rates

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Time Stamp: April 5, 2024 2:05 PM - Modified On: April 6, 2024 - Published By:
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In a world defined by financial transactions, understanding the mechanics of exchange rates becomes crucially necessary. At the heart of these exchange rates are currency pairs, which form the cornerstones of the global forex trading system. What is a Currency Pair? A currency pair essentially involves two currencies. Without two currencies, we simply don't have enough information to establish an exchange rate. When you think about it, the exchange rate is nothing but a reflection of the price of one currency in terms of another. Each currency pair involves a

Understanding the Nature of Forex Scams

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Time Stamp: April 3, 2024 6:15 AM - Modified On: April 3, 2024 - Published By:
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As the name implies, a scam is a deceptive scheme designed to steal your money. This strategy is not exclusive to any specific industry; it's a real threat even within the trading and financial sectors. Among the numerous scams out there, forex trading scams have gained notoriety. There are many ways these schemes operate, and while the methods may vary, the primary goal remains the same: to rob you of your hard-earned cash. Spotting Scams in an Influencer's Promises One of the most common strategies scammers use includes social media

FPM.Global: Best monetization on the affiliate market!

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Time Stamp: February 23, 2022 12:28 PM - Modified On: February 24, 2022 - Published By:
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FPM's partner programs represent an excellent opportunity for a primary or additional income stream in which you generate money by attracting new clients on the internet. FPM.Global works in the financial sector, which is one of the highest yielding, both in terms of conversions and payout amounts. Do you write Forex analysis on your own website, run a cryptocurrencies blog or perhaps manage a Telegram channel that focuses on these topics? If so, then FPM.Global could help you optimize your traffic monetization! Who is FPM.Global? Financial Partners Marketing is a

Here’s how crypto-market’s 24/7 trading is setting an example

Source Node: https://ambcrypto.com/heres-how-crypto-markets-24-7-trading-is-setting-an-example/
Time Stamp: November 15, 2021 9:30 PM - Modified On: November 15, 2021 - Published By:
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The past couple of years have witnessed the continued growth of institutional investments flowing into the cryptocurrency market. It includes not only hedge funds and family offices but even pension funds and conservative custody banks parking their funds here. Naturally, this has led to the entangling of traditional and crypto finance, with the latter having profound effects on stock and currency markets. These include the trading times that these markets follow. While cryptocurrency exchanges operate non-stop, traditional exchanges operate only during specific days and time frames. This could change in

Former PsyQuation CEO Launches New Copy Trading Platform

Source Node: https://www.financemagnates.com/forex/brokers/former-psyquation-ceo-launches-new-copy-trading-platform/
Time Stamp: November 10, 2021 7:46 AM - Modified On: November 10, 2021 - Published By:
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Michael Berman, who is known for heading trading strategy provider PsyQuation as CEO, has launched a copy trading platform, Ditto. The platform is officially registered as Gleneagle Securities and is licensed by the regulators in Australia and Vanuatu.“I am excited to announce a new venture that I have been working on and will soon be going live with. After more than 20+yrs trading and always building products on top of someone else’s broker we have finally become a product lead broker,” Berman, who is now Ditto’s CEO, wrote.The new platform

Bank of Russia Lists Crypto Companies Among Financial Pyramids

Source Node: https://news.bitcoin.com/bank-of-russia-lists-crypto-companies-among-financial-pyramids/
Time Stamp: September 24, 2021 6:00 AM - Modified On: September 24, 2021 - Published By:
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The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of Ponzi schemes, as well as illegal credit organizations and forex dealers. Central Bank of Russia Blacklists Crypto Platforms As part of its monitoring of the financial sector, the Central of Russia (CBR) regularly identifies illegal financial services providers and warns Russian investors about fraudulent platforms. This week, the regulator added another 105 companies to its growing list

Countries That Might Soon Allow Crypto Betting

Source Node: https://coinidol.com/countries-might-allow-crypto-betting/
Time Stamp: August 21, 2021 5:54 AM - Modified On: August 21, 2021 - Published By:
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Aug 21, 2021 at 09:54 // News In some countries, bitcoin is seen as a legal payment platform, whilst in others, there are regulations pertaining to how betting with cryptocurrency operates. Some other countries have chosen to be quiet on the issue and have not made any attempt in allowing or not allowing it. In countries where Bitcoin is not considered legal, you cannot fund your gambling wallet with cryptocurrency. Only very few countries have come out in the open to address cryptocurrency gambling. Some of the countries that have

The Price of Bitcoin Is Facing Its Final Resistance Zone Before $15K

Source Node: https://cointelegraph.com/news/the-price-of-bitcoin-is-facing-its-final-resistance-zone-before-15k
Time Stamp: August 8, 2020 10:41 AM - Modified On: May 21, 2021 - Published By:
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The price of Bitcoin (BTC) is facing its final resistance zone until the bull market is on fire. However, will it break through this resistance zone in one attempt? The charts suggest that the $11,600-12,000 area is a crucial level to break if the price of BTC is to continue moving higher. As the price of Bitcoin couldn’t break through that resistance zone, a slight drop occurred on Friday from $11,900 to $11,350, after which BTC has managed to pare most of the losses since.Crypto market daily performance. Source: Coin360Bitcoin faces

UBS Expects Gold to Hit $2,000; What Does It Mean for Bitcoin?

Source Node: https://bitcoinist.com/ubs-expects-gold-to-hit-2000-what-does-it-mean-for-bitcoin/?utm_source=rss&utm_medium=rss&utm_campaign=ubs-expects-gold-to-hit-2000-what-does-it-mean-for-bitcoin
Time Stamp: August 4, 2020 2:50 AM - Modified On: May 21, 2021 - Published By:
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UBS Global predicts that gold would climb to $2,000, at least by September, just as the metal’s correlation with Bitcoin reaches a new high. Wayne Gordan, executive director of Commodities and Forex at UBS, projected negative US real yields as the core reason behind the increasing bids for gold. The other key point, Mr. Gordon stated, is the ongoing plunge in the US dollar. Bitcoin traders should brace for a decent upside momentum led by the gold market. It is because of the increasing realized correlation between the two assets.