Geeksbell provide guideline on news and tips about economic factors and how they affect forex trading patterns in diffrent nations. Economy is important aspect that cannot be neglected in forex trading.
This is What Traders Should Do as Nvidia Surpasses Apple In a seismic shift in the tech landscape, Nvidia has surpassed Apple to become the world’s second most valuable company, marking a pivotal moment for traders. The AI chipmaker’s valuation breached the $3 trillion mark, fueled by an insatiable demand for its processors, which power…
Tesla’s defense of Elon Musk’s $56 billion pay package, amid ISS’s recommendation to reject it, has several implications for forex traders. Here’s what traders should anticipate and prepare for: Market Sentiment and Volatility Implications for the US Dollar (USD) Investor Confidence and Risk Appetite Strategic Considerations for Forex Traders Conclusion Forex traders should prepare for…
Here’s a detailed analysis and advice for trading in the Middle East stock markets and insights for forex traders on June 2 just like for Microsoft Stock Market Analysis and Trading Advice: Factors to watch – June 2 on Forex Markets International/Regional Factors Country-Specific Factors Forex Trading Insights Therefore, traders should keep a close eye…
Microsoft is nearing a multimillion-euro agreement with the Amazon-backed Cloud Infrastructure Services Providers in Europe (CISPE) to drop an antitrust complaint lodged with the European Commission. The complaint, filed in late 2022, centred around Microsoft’s cloud-licensing practices, which CISPE claimed were detrimental to Europe’s cloud-computing sector. If the settlement proceeds, it would involve payments to…
As a forex trader, understanding the recent changes in Russia’s foreign exchange (forex) regulations is crucial for making informed trading decisions. The Russian government’s move to ease the mandatory foreign currency sales requirements for exporters, if their contracts are largely settled in roubles, reflects an effort to stabilize the rouble amidst ongoing economic challenges. Analysis…
Navigating Forex Trading Amidst Illicit Gold Trade and Geopolitical Risks The report detailing the significant illicit trade of gold from Africa to the UAE and other countries highlights various economic and geopolitical factors that could influence forex trading. This analysis will focus on the possible effects of forex trading and provide strategic advice for forex…
Forex Trader’s Guide when Navigating Election Uncertainty such as UK As the UK heads towards a general election, political campaigns are intensifying, bringing forth numerous tax pledges and economic policies. This period of political flux creates volatility in the forex market, particularly for currency pairs involving the British pound (GBP). Here’s a guide for forex…
UAE-South Korea CEPA Sign Pact analysis and Expectations for Forex Markets and Trading Insights The signing of the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and South Korea marks a significant milestone in international trade relations just like USA and Kenya. The agreement, witnessed by UAE President Sheikh Mohamed and South Korean President Yoon…
This is the Market Analysis and Trading Outlook of US Dollar vs Japanese Yen The US dollar (USD) has been experiencing a robust rally against the Japanese yen (JPY) in recent times, driven by a combination of macroeconomic factors and central bank policies. Despite a neutral trading session on Tuesday, the overall trend suggests continued…
This is the Potential Impact of a Bank of Japan Rate Hike on the Yen and Inflation The Bank of Japan (BOJ) has signaled a potential interest rate hike in response to the yen’s significant depreciation, which could have notable implications for inflation and currency markets. BOJ board member Seiji Adachi’s recent remarks indicate that…