Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Forex Market: USD/JPY extends gains as global growth concerns boost safe haven demand

May 16, 2022 9:11 am
USD/JPY extended gains from last Friday at the start of the new week, as investor concerns over global growth underpinned demand for safe haven assets. Those concerns were reflected by disappointing Chinese macro data, released earlier on Monday. China’s retail and factory activity shrank sharply in April due to full or partial lockdowns imposed in […] Read more

Forex Market: USD/JPY hits a fresh 20-year peak supported by higher US interest rates, Ukraine conflict and China lockdown concerns

May 9, 2022 9:31 am
USD/JPY scaled a high unseen in over 20 years on Monday amid rising US interest rates and on concerns stemming from accelerating inflation, the military conflict in Ukraine, as well as from tighter COVID-19-related lockdown restrictions in Beijing and Shanghai. “Moves in U.S. interest rates are not the only dollar support,” NatWest Markets strategists wrote […] Read more

European crypto owners managed to earn a living by trading cryptocurrencies in 2021

May 5, 2022 9:23 am
With overall crypto trading volumes increasing over 500% in 2021, last year also brought record cryptocurrency gains for the average crypto investor. Researchers at TradingPedia combined multiple datasets to provide a thought-provoking view on the crypto profits dynamic. It turns out a significant amount of crypto investors started to earn enough to secure the necessities […] Read more

Record amounts of crypto stolen from DeFi platforms in Q1 of 2022

April 27, 2022 8:28 am
Use of Decentralized Finance has been on the rise throughout 2021 with an over 9-fold increase in DeFi transactions, compared to 2020. The race to reinstate the traditional financial services in the crypto space is a rapid one. It turns out it is also very perilous for the early adopters. 2021 saw a 1330% increase […] Read more

Forex Market: NZD/USD rebounds from a 7-week low as RBNZ focuses on constraining inflation expectations, signals more rate hikes

April 19, 2022 9:08 am
NZD/USD rebounded from Monday’s seven-week trough of 0.6715 on Tuesday, after Reserve Bank of New Zealand Governor Adrian Orr said the bank remained focused on constraining inflation expectations and was ready to hike interest rates further in upcoming quarters. The RBNZ Governor said if the central bank raised interest rates too slowly there was a […] Read more