Month: November 2022

ZuluTrade, a Finvasia Group company, driven by the world’s largest community of social leaders in investments, has won the ‘Best Social Wealth Management Platform’ award at the Forex Expo Dubai 2022. ZuluTrade presented extremely informative insights and sessions on “Top user acquisition strategies for brokers and on how to scale your business with social trading
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Market picture Bitcoin remains near $20.6K, maintaining positive momentum from the previous US session. Yesterday we saw an aggressive bearish attempt to trigger a bitcoin sell-off, pushing the rate down 2% in less than an hour. Still, in the area near $20.3K, the buying has outweighed, and we see systematic intraday buying going forward. The
<p style="" class="text-align-justify">And it seems like we are already there in Australia. They hinted that rates were in neutral territory last month <a href="https://www.forexlive.com/news/rba-plays-it-straight-hints-that-rates-are-now-in-neutral-territory-20220906/" target="_blank">here</a> and even with a case to be more aggressive today, they did not. It looks very much like we are moving towards a mean reversion of less aggressive moves i.e.
Jibun Bank – S&P Global / Markit manufacturing PMIs from Japan for October is 50.7 preliminary was 50.7 prior was 50.8 Commentary via Markit’s report: The latest survey data signalled that Japan’s manufacturingsector lost further momentum in October. Sluggish marketsand weaker demand conditions, on both a domestic andinternational level, became a recurring trend throughoutthe report