2021 begins there are hopeful signs that the markets will continue to recover
this year. A new US president is
promising a return to normalcy and the multi-billion US stimulus package is
expected to provide a modest boost to the economy very soon.
market trends are expected to continue well into 2021. Here are a few to look
January 20, Joseph Robinette Biden Jr. will be sworn in as the 46th president
of the United States.
analysts are predicting that his administration will bring more certainty and
stability to the global economy, and that’s good news for the markets. The
outlook is positive and Wall more…
The USD saw some gains during this week as sentiment worsened, but the rally was only mild, and it looks like traders are immediately selling it.
The US Congress has finally approved the new fiscal stimulus, although the amount of 900 billion USD seems fairly low. US President Donald Trump has already said he wants more money for US families, so there could still be some complications.
The Federal Reserve (Fed) seems to be aware of
this, pumping an astonishing 120 billion USD into the financial system last
During the height of its monetary policy response to the Great Financial Crisis of 2008, the Fed was printing 80 billion more…
months after an unanticipated virus broke out and began spreading around the
world, now known as Covid 19, Coronavirus, or simply Covid, the global
community is still struggling to find some stability amid unprecedented
economic and financial uncertainty.
outbreak had immediate and massive effects on trade and the global economy.
fluctuations in national economies all around the globe.
lockdowns were being introduced in March 2020, the Dow Jones Index dropped 2,997 points, the
largest ever-recorded single-day point loss since May 1897.
millions of people lost their jobs. Millions of others had to suddenly adjust
to working from home. While businesses had more…
Technology revolutionized our world by adding unprecedented speed, ease, and access to our lives. Tasks we once performed slowly, and sometimes with difficulty, can now be automated and performed in a fraction of the time.
Almost every area of our life has been improved by technology and trading is no exception. In a little over a decade, technology has forever changed the way we trade, giving us immediate access to the markets, and making it easy for virtually anyone to trade the financial markets.
Goodbye Analog, Hello Digital
If you were
a trader in the 1980s, you’d call your broker to execute trades on your more…
The forex market is the world’s most liquid market with an average daily turnover of over $6 trillion. But it wasn’t always so lucrative. Twenty years ago the bar for entering the global forex market was high. Trading was expensive, complex, and inconvenient. Trading platforms were mostly the dominion of established banks and large financial institutions.
Over the past two decades, the industry’s grown dramatically by developing innovative technologies, adapting to changes in regulatory requirements, and adopting more user-friendly platforms that have forever changed the way people trade.
We’ll take a closer look at how the forex
industry has evolved over the past twenty more…