Forex Trading Platforms

Stocks inched higher Thursday as newly released data showed inflation ticked up on an annual basis for the first time in over a year but disinflationary trends remained positive. At the close, the Dow Jones Industrial Average (^DJI) had gained about 0.2%. The S&P 500 (^GSPC) was roughly flat, while the tech-heavy Nasdaq Composite (^IXIC) was up 0.1%. All three indexes had pared larger gains from earlier in the session. The Consumer Price Index (CPI) rose 0.2% over last month and 3.2% over the prior year in July, in line with June's 0.2% month-over-month increase but higher than June's 3% annual increase. Economists surveyed by Bloomberg had expected a 3.3% yearly increase in July. On a "core" basis, which strips out the more volatile costs of food and gas, prices in July climbed 0.2% over the prior month and 4.7% over last year. Both measures were also slightly better than economist expectations. Core inflation increased at its slowest pace since October 2021....

[unable to retrieve full-text content] Reddit Stocks What Meme Stocks Are Trending Today 2023 08 31    FOREX.com

1. Consider your experience and trading goals Taking your experience and trading goals into consideration when venturing into day trading will enable you to have clear goals in mind. This will ensure you put in the time to practise and fine-tune your trading style and strategy before you open your first position. You can use fundamental analysis as part of your trading style or plan to predict market price movements and use technical indicators for your strategy. Your strategy is determined by your preference and your level of risk you're willing to be exposed to when trading the markets. If you're a beginner, you'll need to choose the trading strategy that suits your preferences. For example, if you choose to use scalping as your day trading strategy, you'd make lots of small trades of the asset you're trading with the aim of profiting from the little price changes. Once you've chosen your scalping strategy, ensure that you diligently stick to it as one...

The foreign exchange market, also known as the forex (FX) or currency market, is the largest and most liquid market in the world. It represents the exchange of one nation's currency for another, and is used for everything from travelers exchanging currencies to global financing. With over $7.5 trillion  in currencies traded daily, the FX market impacts consumers in a global market, affecting the price of imported and exported goods. To put this in perspective, the five-day Average Daily Trading Volume (ADTV) for US stock and options traded daily is less than $300 billion. While the forex market is huge, 75% of FX trading is conducted in the seven major currency pairs, six of which include the U.S. dollar (USD), with participants including governments, large international banks, regional banks, corporations, and individuals. Foreign exchange trading continues 24 hours a day, with only the trading centers changing throughout the day. We'll look at how the for...

[unable to retrieve full-text content] 7 Best Online Stock Brokers & Trading Websites for 2023    MoneyWise

Spain's deputy central bank governor, Margarita Delgado, said the European Central Bank (ECB) is taking a cautious approach when considering the launch of a digital euro. Before making a final decision, the ECB intends to assess how the digital euro might affect the banking system within the euro zone. In a speech published on the Bank of Spain's website, Margarita Delgado highlighted that the digital euro could effectively tackle two major developments in the financial landscape. Firstly, as digital payments become more prevalent, there's a need to ensure that people can continue to access central bank money in a digital context. Secondly, with the rise of digital assets, a digital euro could offer a payment solution built on European infrastructure, providing acceptance throughout the entire euro area. The ECB's decision regarding the digital euro is expected in October. The primary goal of introducing a digital euro is to address the shortage of European payment serv...

The Pound US Dollar (GBP/USD) exchange rate fell by over 1.25% in the wake of weaker-than-expected UK PMI data and mounting recession risks. Overall, the GBP/USD fluctuated wildly to close the session at around the $1.2577 mark. Pound (GBP) Exchange Rates Weakened by Tumbling Economic Sentiment The Pound (GBP) started the week slowly amid a lack of data and a mixed market mood. Keeping Sterling propped up, however, were elevated rate hike bets from the Bank of England (BoE). Pressure soon returned to weigh down on Sterling as factory output slowed once more as revealed in the latest Confederation of British Industry (CBI) order book balance. Midweek and the Pound dipped to its lowest level of the week as PMIs surprised to the downside. The key service sector fell into contraction territory for the first time since January as soaring borrowing costs and elevated inflationary pressures continue to take a toll on the UK economy. Shrinking business activity across the UK spooke...

In the world of investing, E-Trade and Robinhood are relative newcomers: E-Trade was born in 1982, and Robinhood showed up more than 30 years later. But even though they're fairly young companies, each now boasts billions of dollars in assets. And both companies provide a variety of investment products and services, although E-Trade's offerings are more extensive. But E-Trade—owned by Morgan Stanley since 2020—and Robinhood also differ in a number of ways. E-Trade vs. Robinhood: Similarities Here are some of the similarities between E-Trade and Robinhood. Investment Offerings Not surprisingly, E-Trade and Robinhood provide some of the same basic investment products and services. These include: Stocks Options Exchange-traded funds (ETFs) Traditional IRAs Roth IRAs Rollover IRAs Limited 24-hour-a-day trading Commissions E-Trade charges no commission for online trades of U.S.-listed stocks, options, ETFs and mutual funds. Similarly, Robinhood charge...

On August 25, 2023, the buying rate of one Euro (EUR) in Pakistani Rupees (PKR) in the open market was Rs 338.00, while the selling rate was Rs 342.00. These rates are updated at 08:00 AM Pakistan Standard Time (PST) and are subject to change based on market forces and foreign currency demand. The buying rate indicates the rate at which an exchange company or bank buys foreign currency from a customer, while the selling rate indicates the rate at which an exchange company or bank sells foreign currency to a customer. The Euro/PKR parity depends on open market rates and is set by market forces based on foreign currency demand. PKR to EUR – Today Pakistani Rupee to Euro as of August 24, 2023 ————————————————- PKR to GBP – Today Pakistani Rupee to UK Pound as of August 25, 2023 On August 25, 2023, the buying rate of one UK Pound Sterling (GBP) in Pakistani Rupees (PKR) in the open market was Rs 395.50, while the selling rate was Rs 399.00. These rates are updated at 08:00 AM Pakistan Stan...

Saxo Bank is ending support MetaTrader4 (MT4 ) on 4 September 2022 with the exception of some customers. The following update was posted on the website, translated from Japanese: Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. "We have decided to terminate the use of MT4 except for some customers on September 4, 2022 (Sunday) as the last day. We would like to express our sincere gratitude to our customers who have used Saxo Bank Securities MT4 so far. "We apologize for any inconvenience caused by sudden contact from our current customers, but we appreciate your understanding. "Even after the end of use of MT4, you can continue to trade the open interest account balance in the MT4(A) account with our trading tool 'Saxo Trader Go/ Pro'." Keep Reading source: saxo bank New Platform for the GCC Region Earlier this year Saxo Bank ...

Interested In Penny Stocks? Knowing How To Buy Them Is Important Before we tackle how to buy penny stocks, first, let's define them. Ironically, a penny stock is not just a stock whose share price is around a penny or even under a dollar, for that matter. Penny stocks are low-priced, small-cap stocks with a share price under $5, as defined by the Securities and Exchange Commission (SEC).   There are penny stocks that trade outside of the major exchanges, and many often trade over-the-counter (OTC) through the OTC Bulletin Board (OTCBB) and pink sheets. However, many companies trade below $5 per share on the main exchanges like the Nasdaq and NYSE. You should be aware that with OTC penny stocks, the reporting requirements are much less strict than those of the major exchanges. They also tend to lack the same liquidity as their "listed" cohorts. They may also be limited to accessing them from brokers. Robinhood and Webull, for example, don...

NEW YORK, Aug 24 (Reuters) - Citigroup has acquired a stake in Peruvian foreign exchange startup Rextie, its first fintech investment in Latin America. Terms of the deal were not disclosed, but Citi and Rextie executives said the bank is injecting cash into the company to finance its growth. Rextie, founded in 2016, has closed so far $4.5 billion in forex transactions and expects to reach $7 billion by the end of next year. Rextie provides forex transactions through digital channels to 12,000 mid-sized and small companies in Peru and 170,000 individuals. The company also provides factoring and payment processing to companies. Aldo Alvarez, Head of Institutional Strategic and Fintech Investments for LATAM at Citi, said the deal creates opportunities to offer the bank's products to Rextie clients. The deal comes as the funding of Latin American startups sharply dropped this year. The first quarter saw a 54% drop from the same period last year, according to CB Insights, and volume was...

NEW YORK , July 31, 2023 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today its operating results for the three and six months ended June 30 , 2023.  For the three months ended June 30, 2023 and 2022, net income was $0.19 per diluted share and $0.29 per diluted share, respectively. Key highlights for the three months ended June 30, 2023 include: Executed 1.4 million square feet of new and renewal leases, with rent spreads on comparable space of 15.4%, including 0.6 million square feet of new leases, with rent spreads on comparable space of 22.4% Sequentially increased total leased occupancy to a record 94.1%, anchor leased occupancy to 96.2%, and small shop leased occupancy to a record 89.4% Leased to billed occupancy spread totaled 370 basis points Total signed but not yet commenced lease population represented 2.7 million square feet and $56.7 million of annualized base rent ...