About: anakin
Recent Posts by anakin
Week Ahead: Markets to Focus on US Retail Sales and Australia Wage Price and Employment Change
The financial industry anticipates major economic reports this week, focusing on the US Retail Sales and Australia Wage Price Index and Employment Change. These reports are crucial for traders navigating the markets and making informed decisions. NY Empire State Manufacturing Index | US (15 May)The NY Empire State Manufacturing Index unexpectedly jumped to 10.8 inContinue Reading
When to trade forex: Is there a best time?
Forex trading is a global market that operates 24 hours a day. And it is important to know the best times to trade in order to maximise your profits. The Forex market can be divided into four major trading sessions: the Sydney session, the Tokyo session, the London session, and the New York session. TheContinue Reading
US Stock Futures Stable as Elon Musk Steps Down as Twitter CEO; Dow Jones Faces Fourth Consecutive Loss
US stock futures remained relatively stable on Thursday night, with the Dow Jones Industrial Average futures up 0.08%, while the S&P 500 and Nasdaq 100 futures increased by 0.12%. Elon Musk announced he would be stepping down as the CEO of Twitter, with Tesla’s shares increasing following the news. On Thursday, the Dow Jones IndustrialContinue Reading
How to trade forex: A beginner’s guide
There are several ways to trade Forex, and each method has its own advantages and disadvantages. The most popular financial instruments used in Forex trading include retail Forex, spot FX, currency futures, currency options, currency exchange-traded funds (or ETFs), Forex CFDs, and Forex spread betting. Retail Forex is a way for individuals to participate inContinue Reading
What is traded in forex: The most actively traded currencies
To be short, the answer is “currencies”. When we want to talk about different types of currencies, we use three-letter symbols to represent them. The first two letters in the symbol tell us which country the currency comes from, and the third letter tells us the name of the currency. For example, USD stands forContinue Reading
