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 | EUUSD 🔽 GBP/USD 🔽 AUD/USD 🔽 USD/CAD 🔼 XAU 🔽 WTI 🔽 submitted by Mitrade_Official to u/Mitrade_Official [link] [comments] https://preview.redd.it/gsw26twxw4p91.jpg?width=1081&format=pjpg&auto=webp&s=4137df84cf0477f928ed40ef89078824c980a1a0 The dollar renewed its strength against other major currencies, as the Federal Reserve interest rate decision edges closer. The market expects a 75 to 100 bps rate hike, while the Bank of England also had a projected 75 bps interest rate increase - a high in over three decades. Thus, EUUSD slumped below parity again, closing at 0.997, and GBP/USD to 1.1379. A mixed bag of housing market data did not deter the dollar train, USD/CAD climbed and slowed, finally reaching a closing price of 1.3362, gaining over 100 pips in the process. The AUD/USD pair recorded a modest loss, due to declining oil and gold prices. The yellow metal was overshadowed by the prospect of an even stronger US dollar, gold futures went down by $7 to $1,671.1 an ounce. Oil prices went bearish as investors anticipated the US crude oil inventories to increase by 2.1 million barrels, last traded at $83.94 a barrel. 📱 Get instant market news delivered to you in real-time→ https://mytd.cc/1O2 Mitrade has appeared on Yahoo Finance, Bloomberg, MarketWatch, Nasdaq and more. For more details: https://www.mitrade.com/about-us/media Our awards: https://www.mitrade.com/about-us/awards Follow Mitrade's other social channels: Twitter: u/MitradeOfficial Instagram: u/mitrade_official *Not Personal Advice. All trading involves risks. This information is not intended for distribution where it is contrary to local regulation. |
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 | Hi folks, Tendie Baron here. submitted by Tendiebaron to Superstonk [link] [comments] Today, on 6/21, Forex/CFD broker IC Markets has put BBBY as "Only Position Closing is allowed"Here is the proof: Screenshot of 6/21, shows that a small amount of BBBY buy using market orders failed because of \"Only position closing is allowed\". Note that the timestamps are in local time, the attempted buy orders were done during market hours. In the screenshot I blocked out the account number from my source. In the past, my source has shared me reliable information before, so I trust my source. But I figured that checking and verifying could never hurt. That's why I reached out to IC Markets myself, using their customer service widget on the website. At first you get a bot, but after 3-4 questions you can actually talk with a real person. Here are the screenshots of my chat with the customer representative: https://preview.redd.it/ytf3a6l7m1791.png?width=448&format=png&auto=webp&s=b30b1adef9bde0c343017f8dfc39255f936ff541 So the customer representative is actually saying that there was NO PCO on BBBY. Neither this morning or at the moment. So I reached out back to my source, sharing the screenshots I've shared here. Most important: I blocked out the customer rep's name. But according to my source, he STILL CAN'T OPEN A POSITION, due to "Only Position Close" I asked him to reach out to IC Markets himself to inquire on why he was getting this notification. https://preview.redd.it/n9mewpp9m1791.png?width=557&format=png&auto=webp&s=f6eaaeea5ff943feb4604168eecea455d6a69a86 BBBY IS IN FACT PCO! Note: When I shared the screenshot with my source, I had already blocked out the name of the customer rep. When I received the screenshots from him, I saw the name. It was the SAME NAME as the customer rep I spoke with. This is why I have no doubts on the validity of the screenshots received. Another screenshot with a different time (local time, about an hour before EOD), showing that BBBY is in fact STILL PCO'ed! Speculation part: CFD brokers are basically betting against their own customers. The fact that they have BBBY on PCO, most likely means that they have high confidence in BBBY running. Fun fact: They PCO'ed the popular gaming retail chain on 5/19/22, and that stock ran nearly 30% six calendar days later... Probably nothing... TL;DR:
Did you like this content, and do you want to see more of my content? You can choose to follow Tendie Baron on Twitter or here on Reddit, neither are monetized. Feel free to check out my profile. |
 | With a total daily average turnover that is reported to be higher than $6 trillion, the foreign exchange market (Forex) exchange is one of the most popular online platforms for trading Forex anywhere in the world. The foreign exchange market does not have a central location or exchange, and it is open all day and night, beginning Sunday evening and continuing through Friday evening. You can learn more about the hours that the forex market is open here. As individuals, companies, and organizations conduct business across international borders and strive to profit from varying exchange rates, a wide variety of different currencies are continually being traded. submitted by trading-blogs to u/trading-blogs [link] [comments] In this article, we will understand how traders trade forex online to get profit from the most traded currency pairs and how this entire market functions. Source: Inveslo.com Who are the key players?The foreign currency market is largely used by central banks, commercial banks, businesses, and individual dealers. As part of your fundamental study, it is useful to comprehend how each of these market participants interacts with the foreign exchange market.Central banks are in charge of a country’s money supply, interest rates, and currency. When central banks do something, it’s usually to keep the currency of the country stable. Large quantities of currency are traded on the interbank market by retail banks. On behalf of huge organisations and also for their accounts, banks exchange currencies with one another. Compared to banks and institutions, retail forex traders conduct a significantly smaller volume of transactions. Retail forex traders seek to profit from market fluctuations by utilising both technical and fundamental analysis. What is Forex Trading?Foreign exchange trading is sometimes referred to as forex trading and FX trading. It gives the possibility to speculate on FX market price variations. The objective of foreign exchange trading is to predict whether one currency’s value will rise or fall compared to another. Due to continuous news releases, a forex trader may meet multiple trading chances each day.Traders use Fx trading platforms and take advantage of this by being particularly responsive to market news releases and trading depending on their perceptions of the market mood. FX is an industry word condensed from forex that is often used in place of forex. In addition, forex is an acronym for foreign exchange. How Does Forex Trading Work?Forex is usually traded in pairs of currencies, such as GBP/USD (sterling v US dollar). You speculate on whether the value of one country’s currency will grow or decline relative to that of another country’s currency, and you take a position accordingly. The first currency (GBP) in the GBP/USD currency pair is known as the ‘base currency,’ while the second currency (USD) is known as the ‘counter currency.In forex trading, you wager on whether the value of the base currency will grow or decline relative to the counter currency. Therefore, with GBP/USD, if you believe that GBP would appreciate versus USD, you would purchase the currency pair. Alternatively, if you believe that GBP will decline relative to USD (or that USD will increase relative to GBP), you short-sell the currency pair. Learn which currency pairs are the most actively traded on the forex market by reading our comprehensive guide. How Trading is Done in the Forex MarketThere are several methods to trade on the foreign exchange market, all of which adhere to the premise of buying and selling currencies concurrently using an Fx trading platform. If you feel that an FX ‘base currency’ will appreciate relative to the ‘counter currency,’ you may seek to ‘go long’ (purchase) that currency pair. If you anticipate that the reverse will occur and the market will decline, you may opt to sell the currency pair.Historically, the forex market was traded via a forex broker. With the emergence of online trading organizations, you may take a position on forex price fluctuations using a spread betting or CFD trading account. Spread betting and CFD trading accounts both allow you to speculate on the price fluctuations of an underlying asset without really owning it. Derivative trading provides prospects for leveraged forex trading. As this may be a dangerous endeavor, forex traders often use hedging tactics to mitigate currency risk and ensuing losses. Bottomline Forex trading is a fast-paced and thrilling alternative, and some traders may limit their trading to this asset class alone. They may even opt to specialize in only a few specific currency pairs, devoting a significant amount of effort to comprehending the myriad economic and political aspects that influence particular currencies. Originally Published on Medium.com Source: https://medium.com/@nilanhassan7/what-is-forex-trading-how-do-currency-markets-work-6a1ee1dc948c |
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Binomo`s highest return percentage is 85% (87% for VIP account holders), which is average for the industry. By comparison, payout percentage offered by Grand Capital is up to 86%. Trading Platform . Binomo offers its in-house trading platform where its clients can trade with just one keystroke if they want to. The platform is easy to use and ... BinomoFX Advantages: Binary bets on 60 coins and 30 currency pairs . We should admit, the choice of binary options is really good. We counted 30 forex pairs with some exotic currencies like Polish Zloty, Mexican Peso, Hong Kong Dollar, Singapore Dollar, South African Rand and Russian Ruble, as well as gold, silver, oil, stocks and an even crypto coins – over 60, including Litecoin, Bitcoin ... Binomo company is widely known in the binary options world, which occupies a good position in the market. The company provides a different set of trade and support services that optimize trade processes on the binary market and allow to obtain stable results. Next, we consider the basic set of trade services broker and will draw conclusions about the quality of his work in the financial market. Trading Markets. Binomo offers trading services in up to 80 financial instruments, all of which are grouped under: Currencies; Stocks ; Commodities; Indices; Customer Support. Binomo provides its traders with support services through a number of channels. These consist of: Live chat. Traders who are subscribed to the trading services of Binomo can contact customer support live chat if they ... Binomo Trading is a trade name which is authorized and regulated by the Cyprus Securities and Exchange Commission. It is a modern trading platform that supports the major Cryptocurrency assets in the globe. Opening Hours: Mon - Sat : 6.00 am - 10.00 pm, Sunday Closed Login; Create Account; Mail Us Today [email protected] Call us for more details 2016850712. Company Location Floor 4 jeti ... Is Binomo a scam or legit broker? No, it is not safe to trade with Binomo. Binomo is owned by Dolphin Corp., which is an offshore company registered in St. Vincent and the Grenadine. St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex ... Binomo only offers 49 markets to trade with Binary Options. Also, the conditions to trade are better with IQ Option. You can earn a higher return on investment up to 100% with Binary Options. IQ Option offers more assets to trade than Binomo. IQ Option wins when it comes to asset and markets variety: Binary Options up to 100%; Digital Options up to 900%; Forex Trading with low spreads ... Binomo forex brokers review Compare Forex Brokers Forex Trading with the Best Brokers in UK Forex Brokers ⌵ UK Українська ... Binomo брокер поставила рекорд за зняття грошей. Клієнт отримує платіж протягом максимум 24 годин. Огляди . Аналіз спеціалізованих трейдерів форуму показав хорошу репутацію на ринку бінарних опціонів. � Binomo offers different markets to trade: Currencies (Forex) Cryptocurrencies; Stocks; Indices; Commodities; Beginners can learn more about the online trading by using Binomos video tutorials and trading strategies. Also, we will explain to you how to trade step by step in the following sections. All in all, Binomo offers good conditions for trading digital options. The trading platform is ...
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