The History of Forex
Forex trading, which is the act of exchanging fiat currencies, is thought to be centuries old – dating back to the Babylonian period. Today, the forex market is one of the biggest, most liquid and accessible markets in the world,...
S&P 500: Dovish Fed Hike Enough to Support US Stocks?
With the US stock markets on course to record their worst performance for a December since 1931 during the Great Depression, some investors are undoubtedly feeling cautiously optimistic that the Federal Reserve will prevent that by delivering a dovish rate...
China leveraged loans face new hurdle from EU M&A rule
By Pan Yue China’s firms already face trouble from tensions between China’s president Xi Jinping and US counterpart, Donald Trump A decision by the European Parliament, the European Council and the European Commission to scrutinize foreign investments more closely for...
EUR/USD Close Above W H4 Will Target 1.1445 And 1.1478
The EUR/USD has formed a V Shaped Reversal at the bottom but the price is still range bound. A strong H4/ D1 close above 1.1400 is needed for new bullish bounce. The EUR should be more resilient than other G10...
Dollar in Range ahead of FOMC, Preparing for Breakout
Dollar is mildly softer in Asian session as traders turn cautious ahead of FOMC rate decision. But it should be noted that, except versus less, and to a lesser extent Swiss Franc, Dollar isn’t that weak. EUR/USD, GBP/USD and AUD/USD...
SoftBank unit begins trading in Tokyo, marking Japan’s largest-ever IPO
Shares of SoftBank Corp began trading on Wednesday in Japan’s biggest-ever IPO and one of the world’s largest with shares opening 6.40 percent lower. The company is the mobile unit of billionaire Masayoshi Son’s SoftBank Group holding company, which includes...
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