Month: January 2023

Ardu Prime, a global Forex and CFD brokerage that made waves in the media in 2022 with its tailored trading services, enjoys the spotlight with its varied technology offering aimed at supporting traders to make better-informed decisions and harness the best tools available on its MetaTrader 5 platform. Well-known in the online trading space, Ardu
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
This a Bloomberg (gated) headline after China’s week-=long Lunar New Year holiday: China Celebrated Lunar New Year Like Covid No Longer Exists Main points from the article: More than 300 million trips were made during the holiday, nearly 90% of pre-pandemic levels, according to the Ministry of Culture and Tourism. Tourist spots were swamped movie
Australian Retail Sales (Tue): The December Retail Sales data is seen printing at -1.0% vs the prior of +1.4%. Desks highlight that November’s Black Friday and Cyber Monday events were successful, as indicated in the November data, although analysts will now assess the impact of higher rates over the Christmas period. Westpac, citing the Westpac
Danske Research discusses EUR/USD outlook and maintains a structural bearish bias over the coming months. “We note that in tandem with EUR/USD loosing steam Eurozone equities are beginning to underperform US peers – and also more generally that value is beginning to underperform growth. In our view, this is an important development to follow when