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Risk Warning: Your capital is at risk. Statistically, 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

UK retail sales rose 0.4% in August, partly reversing July’s sharp decline
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September 28, 2023

Retail sales volumes in the UK climbed 0.4% higher in August, rebounding from the upwardly revised 1.1% decline in July, data published by the Office for National Statistics (ONS) showed. For the three months ending August 2023, sales rose 0.3% compa...

US Industrial Production almost halved to 0.4% in August
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September 27, 2023

Production at US factories rose by 0.4% in August,  a sharp decline from the 0.7% increase the previous month, the Federal Reserve reported on Friday. On the other hand, capacity utilization improved to 79.7% in August from 79.5% in July but is ...

US Consumer Price Index rose 0.6% in August amid higher energy prices
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September 27, 2023

The headline consumer price index, which measures costs across a broad category of goods and services in the US, rose by a seasonally adjusted 0.6% in August from 0.2% the previous month and at an annual pace of 3.7% from 3.2%, the US Bureau of Labor...

What is Carry Trade in Forex - Definition and Examples
7 MINS READ
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September 11, 2023

Picture this: a trading strategy that can potentially generate profits even when prices move in a consolidation over extended periods.Sounds too good to be true?Well, it's not only true but also hailed as one of the most popular trading strategie...

US Factory Orders Fall In July - The First In Five Months
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September 7, 2023

New orders for manufactured goods fell by $12.7 billion or 2.1% in July to $579.4 billion from 2.3% the month earlier, the US Census Bureau reported on Tuesday, 5th September 2023. Excluding transportation, orders rose 0.8% in July, up from 0.3% the ...

How Long It Takes To Be Profitable From Forex Trading?
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September 5, 2023

If you're here, it's likely because you want to know the answer to “How long it takes to be profitable from Forex trading?”Just as there's no single path to success, there's no one-size-fits-all answer to the inquiry of ho...

US Economy Added 187,000 New Jobs in August, Beating Street Expectations
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September 4, 2023

US nonfarm payrolls rose by 187,000 in August, up from a downwardly revised 157,000 the previous month, the US Bureau of Labor Statistics reported on Friday. Job gains were seen in healthcare, leisure & hospitality, construction, and the social a...

US Inflation Rate Ticked Higher In July, PCE Price Index Showed
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September 2, 2023

Personal consumption expenditure (PCE), the Fed's preferred inflation gauge, rose 0.2% in July and 3.3% year-on-year, data published by the Bureau of Economic Analysis (BEA) showed. Excluding food and energy prices, the core PCE price index edged...

Consumer Confidence Index in the Euro Area declines in August
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August 31, 2023

The Flash Consumer Confidence Index in the euro area fell by 0.9 percentage points to minus 16 in August 2023 from minus 15.1 the previous month as surging inflation worsened economic activity and slowed economic development, data released by the Dir...

How to Create and Manage a Forex Trading Strategy?
8 MINS READ
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August 29, 2023

You're probably reading this because you want to learn how to create and manage a Forex trading strategy. The process of crafting a Forex strategy shouldn’t be complicated but is a systematic one, grounded in logic and careful analysis.Belo...

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