Account Introduction: Forex trading is a dynamic and exciting market that offers immense opportunities for traders to profit. To succeed in this competitive arena, understanding key concepts like support and resistance levels is crucial. In this article, we will explore what support and resistance levels are, why they are important in forex trading, and provide practical […]
Account It was a quiet session overnight ahead of key risk events later in the week (US CPI is on Wednesday and bank earnings are on Friday, including Wells Fargo, Citigroup and JP Morgan). There was plenty of news flow, but not overly market moving. The IMF downgraded global growth by a tenth to 2.8% for […]
Account The Federal Reserve is expected to raise interest rates Wednesday by a quarter point, but it also faces the tough task of reassuring markets it can stem a worse banking crisis. Economists mostly expect the Fed will increase its fed funds target rate range to 4.75% to 5% on Wednesday afternoon, though some expect the […]
Account February’s Consumer Price Index (CPI) showed prices rose 6.0% in February over the last year, the smallest increase since September 2021, and in line with economist expectations. Meanwhile, core CPI, which strips out food and energy, grew 5.5%, also in line with expectations. The shelter component of CPI — which makes up about a third […]
Account How to Use Ethereum Ethereum is a decentralized blockchain platform that enables the creation and execution of smart contracts and decentralized applications (DApps). The platform’s native cryptocurrency, Ether (ETH), is used to pay for transaction fees and services on the Ethereum network. In this article, we’ll explore how to use Ethereum and the various ways […]
Account Fiat-Backed Stablecoins: What You Need to Know About Tether, USD Coin and Others Cryptocurrencies have gained a lot of attention in recent years as more people begin to explore the benefits and potential of digital assets. However, the volatility of many cryptocurrencies can make them a risky investment. This is where stablecoins come in, offering […]