The greenback still bearish, will the trend continue?

By Admin in Articles 0 Comment

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 week.

During the height of its monetary policy response to the Great Financial Crisis of 2008, the Fed was printing 80 billion more…

2020: A Year Like No Other With Trading Volumes Like No Other

By Admin in Articles 0 Comment

Almost 12 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.

The sudden outbreak had immediate and massive effects on trade and the global economy.

It caused fluctuations in national economies all around the globe.

Just as 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.

Hundreds of millions of people lost their jobs. Millions of others had to suddenly adjust to working from home. While businesses had more…

Is the Bull Run for Gold Over?

By Admin in Reviews 0 Comment

Much has been said about the bull market in precious metals as gold rose 40% from March lows to August highs, while silver notably outperformed that and posted a 150% increase in the same time-frame. All this happening within 6 months is very impressive.

However, since August highs, both metals are plunging – gold is lower by 10%, and silver by 25%. That’s understandable, considering the steep rally in metals over the previous months.

The million-dollar question is; what happens next?

The big drop in gold and silver has primarily been driven by dollar strength. The dollar index hit a two-month high on Wednesday. Investors have moved to the USD due to more…

Admiral Markets adds USDMXN to 40+ Forex pairs!

By Admin in Brokers news 0 Comment
USDMXN trading

Dear traders,

You asked, and we delivered – in response to an increasing number of requests, Admiral Markets is expanding its Forex offering to include another new currency pair:

  • USD/MXN – The US dollar crossed with the Mexican peso

The MXN ranks eight in global liquidity, behind the USD, the Euro, the Japanese yen and the British pound, and its most popular currency pairing is with the US dollar. However, it still offers great opportunities for traders wanting to speculate on Central American markets.

This latest addition to the suite of instruments available in our Trade.MT5 account brings more…

What is the relationship between plague and assets?

By Admin in Articles 0 Comment

The new corona-virus that originated in China and swept the world has attracted the attention of most people, it had influence on the trend of many financial assets at the same time. Then what is the relationship between different financial assets and the plague?

  1. Stock indices and individual stocks. As far as the stock index is concern, the essence of stock indices is “multiple stocks in each industry / local currency”. We have noticed that many funds call for “the world belongs to the optimists” and “buy stocks”, but they are not really optimists. During epidemics or wars, the purchasing power more…