Month: March 2022

Is there a trading strategy that allows you to accumulate multiple positions in the forex market and turn that into a profit? A no loss strategy in forex as long as you follow the overall price trend. Well there is and its called grid trading forex strategy and in this video, I’m going to share
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Members of the Federal Reserve are debating how quickly to reduce the central bank’s portfolio of bonds, without starting a recession. Heading into the second quarter of 2022, the balance of Federal Reserve’s assets is almost $9 trillion. The majority of these assets are securitized holdings of government debt and mortgages. Most were purchased to
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According to FX Strategists at UOB Group, EUR/USD is now expected to trade in a volatile fashion and within the 10870-1.1180 range in the next weeks. Key Quotes 24-hour view: “We expected EUR to ‘consolidate and trade between 1.1000 and 1.1100’ yesterday. EUR subsequently popped to 1.1120, dropped to 1.0975 before closing at 1.0983 (-0.83%).
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Russia today announced retaliation against some western sanctions in announcing that telecom, medical, auto, agricultural, electrical and tech equipment, as well as many forestry products, will be banned until the end of the year. The details of these measures will be important but grains are particularly notable because the global market for food is tight
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Euro’s rebound stalls after ECB policy announcement, mainly because risk markets turned softer again. Another round of negotiations between Russia and Ukraine failed and Russia will clearly continue its attack. Dollar is trading slightly higher after CPI came in expected, extending its run on making multi-decade high. Though, as for the day, Aussie is leading
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Inflation grew worse in February amid the escalating crisis in Ukraine and price pressures that became more entrenched. The consumer price index, which measures a wide-ranging basket of goods and services, increased 7.9% over the past 12 months, a fresh 40-year high for the closely followed gauge, according to the Labor Department’s Bureau of Labor
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