Forex Trading Platforms

Signs of exhaustion will present selling opportunities. The West Texas Intermediate Crude Oil market, or US Oil market, has rallied slightly during Monday's trading session, with the market trying to pick itself up from recent lows. The market is hovering just above the $70 level, which is a minor psychological victory, but it is essential to note that we have seen a couple of hammers recently, indicating that the market is attempting to rebound. The 50-Day EMA is significant resistance, especially as it is near the $75 level. The market recently broke down below the bottom of a consolidation area, which means we may have to bounce enough to retest that area again. The $72.50 level was previously the bottom of that consolidation, so it could also be an area where we would see signs of trouble. If we see signs of exhaustion and selling pressure, we could retest recent lows. It's important to keep in mind that oil prices are affected by economic outlook expectations more than any...

Euronext has promoted Massimo Giorgini to the role of head of Italy, equity, derivatives, structured products and buy-side sales. Giorgini has been promoted to the role after serving at Euronext for the last two years, initially joining as head of equity and derivatives markets business development. Before joining Euronext, Giorgini spent 13 years at the London Stock Exchange Group, most recently as head of equity and derivatives markets business development. Previously, Giorgini spent two years at Borsa Italiana – before its acquisition by Euronext – in an equity and derivatives markets business development role. Giorgini announced his appointment in a social media post.

In this article, we will take a look at the 11 best stocks to buy on Robinhood for beginners. To see more such companies, go directly to 5 Best Stocks to Buy on Robinhood for Beginners . The retail investor activity that gained pace after the pandemic continues to lose gas amid the volatile macroeconomic situation. Retail investors who used platforms like Reddit and initiated trades on Robinhood suffered bruising losses after meme stocks started falling. This has caused a massive retreat of beginner investors from retail investing platforms. According to Vanda Research, in January 2023, trading activity of retail investors hit its lowest levels since January 2020. According to Wall Street Journal, data from Vanda Research says that average portfolio of the individual investors has fallen by 27% since touching peaks in December 2021. During the same period the S&P 500 index fell about 13%. Retail Investors Retreat According to data from Goldman Sachs, households are expected to...

It might be challenging to start a Forex brokerage. There are a lot of things to think about, from the business model you'll utilize to the regulatory framework in which you'll operate. However, a successful brokerage may be launched with careful planning and a thorough grasp of the sector. The steps necessary to launch a forex brokerage and use forex broker solutions will be discussed in this article. We'll go through the many business models that are available, the rules you must follow, and the technology you'll need to run your firm. By the time you read this article's conclusion, we hope you will have a solid knowledge of what it takes to launch your own brokerage. The biggest benefit of choosing an ECN broker is that they cannot trade against their clients, which is one of the cons . Because of this, there is less chance that your broker will make money off of a bad deal. Using an ECN broker has the drawback that, during periods of low market activity, ...

By Sufian Siddique*  Pakistan's economy is on the brink of bankruptcy like Sri Lanka's. Pakistan's foreign exchange reserves have fallen below $3 billion. They have asked the IMF for a 'bailout loan' a long time ago, but the IMF is trying to impose strict conditions that Pakistan's current ruling coalition has no capacity to meet. Even China and Saudi Arabia, Pakistan's long-standing loyal friends, are now reluctant to shoulder Pakistan's burden. China has stopped power supply from the power plants built by Pakistan on China's loan after Pakistan failed to pay the long-delayed installments. Due to this terrible load shedding is going on all over Pakistan. Frequent grid failure. The value of the dollar in Pakistani rupees has increased dramatically, currently Pakistan has to pay 277 rupees to get 1 dollar. Inflation in Pakistan's economy has reached such an alarming level that the price of a kg of flour now exceeds Rs 160 and a kg of ...

LONDON, March 10 (Reuters) - The easy-cash era is over and its impact is only just starting to felt by world markets yet to see the end of the sharpest interest rate hiking cycle in decades. Risks were brought to a fore this week as U.S. tech specialist Silicon Valley Bank was shut by California banking regulators on Friday, sparking a rout in bank stocks. SVB was seeking funds to offset a hit on a $21 billion bond portfolio, a result of surging rates, as customers withdrew deposits. Central banks meanwhile are shrinking their balance sheets by offloading bond holdings as part of their fight against hot inflation. We look at some potential pressure points. 1/ BANKS Bank have shot up the worry list as the SVB rout hit bank stocks globally on contagion fears. European banks slid on Friday after JPMorgan (JPM.N) and BofA (BAC.N) shares fell over 5% on Thursday. SVB's troubles stemmed from deposit outflows as clients in the tech and healthcare sectors struggled to raise cash elsewhere,...

The U.S. dollar is generally seen as the most powerful currency in the world. It's the most-traded currency on the global stage by a wide margin. However—perhaps surprisingly—the greenback is not the strongest of the 180-odd traditional fiat currencies recognized as legal tender worldwide. A fiat currency is money that has a value not tied to a physical commodity like gold or silver.  Other currencies are stronger because they're worth more than a dollar. We've found the 10 strongest currencies in the world, based on their relative value against the U.S. dollar. Money Transfer Partners 1 Xe Money Transfer International Transfers 98+ currencies available to transfer to 130+ countries Fast and Easy Initiate transfers 24 hours a day, 7 days a week Fees Xe offers low to no fees on money transfers 1 Xe Money Transfer Learn More Via Xe's Website 2 Wise – Multi-Currency Account Convert and hold 55 currencies Monthly fees $0 Payment options Direct debit, wire tra...

March 29 (Reuters) - Gulf stock markets ended mixed on Wednesday in a sign investor confidence remains fragile, as they chose to secure their gains amid volatile market conditions despite oil being firmer and banking stability fears receding. Oil prices — a key catalyst for gulf's financial markets — rose for a third consecutive session on Wednesday, with Brent crude rising 63 cents, or 0.8%, to $79.28 a barrel at 1120 GMT. Saudi Arabia's benchmark stock index (.TASI) gained 0.3%, after trading flat in its two previous sessions, with Dr Sulaiman Al-Habib Medical Services (4013.SE) rising 3.6% and Saudi British Bank (1060.SE) adding 1.9%. The grocery retailer Bindawood Holding (4161.SE) closed 2.4% higher, after it reported a surge in its fourth-quarter net profit to 64.9 million riyals ($17.28 million), compared with a net profit of 13.2 million riyals ($3.52 million) a year earlier. Dubai's main share index (.DFMGI) was up 0.5%, in its second positive day in a row, boosted...