Summing up 2020: Major events of the past year

Congratulations, we’ve made it through 2020! This eventful year is almost over. Let’s take a moment to look back and recall its key events.

It’s difficult to even start to comprehend how much this expiring year has changed our lives. We are all wearing masks and washing our hands several times a day now. If someone told us back in 2019, that we wouldn’t be able to travel or even leave our house, we would laugh in their face. But we did face the lockdown and spent several months self-distancing, in isolation.

But apart from the much-hyped coronavirus, what other key events are worth considering? We believe that there were more…

The Evolution of Forex Trading : Two Decades in the Making

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…

Has 2020’s Epidemic Encouraged Women to Take Over the Online Trading World?

Trading the financial markets has been a man’s dominion for a long time.  In fact, when we think of a ‘Trader’ the word conjures up an image of a man, Type-A, sharply suited, overly confident, and engaging in cut-throat competition. It’s how we see traders because movies have imprinted this version of the trader in our minds; from Leonardo DiCaprio as Jordan Belfort in Martin Scorsese’s Wolf of Wall Street to Michael Douglas as Gordon Gekko in Oliver Stone’s Wall Street.  But times are changing, and reality often differs from Hollywood.

Women and Trading, Trending Upward

Non Traders would be surprised to see that most traders are in fact at home and more…

Will Gold and Precious Metals Continue their Bull Run?

Gold, silver and copper have been soaring since March lows, and they posted new cycle highs in August. They’ve seen consolidated, and metals have been trading in shor-term bearish trends and consolidative formations.

Today the fundamental situation remains bullish for precious metals. Why? Major central banks are about to introduce more easing, with the Reserve Bank of Australia (RBA) and the Bank of England (BoE) having announce more Quantitative Easing (QE) in November, while the European Central Bank (ECB) is expected to increase its bond-buying program at the December meeting.

The Federal Reserve (Fed) is also expected to act following Fed Chair Jerome Powell urging congress to provide more more…

Equities Collapsing Ahead of US Election on November 3

It has been a bad week for worldwide stocks, and most major indices are down by around 5% for the week, with further losses expected over the next days.

But don’t blame it all on the election. Yes, there is some uncertainty building up, especially if Joe Biden wins, but the odds are that each candidate has narrowed to 50/50. Biden’s recently revealed corruption scandal is hurting him, while Trump continues to attract huge crowds in his rallies.

As many keep saying stocks only go up in the long-term, no matter what party reigns or who the president is.

Worse than the election, are COVID-19 more…