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What is Margin in Forex？
Margin in forex trading is essentially the required minimum capital that a trader needs to commit to open and maintain a trading position. This amount serves as security for the leverage extended by brokers. For example, with a 2% margin requirement, a trader can manage a $10,000 position by only depositing $200, effectively borrowing the remaining amount from the broker. Brokers determine margin as a percentage of the total trade size, which traders must provide to initiate a trade. Should the trader's account equity drop below the set maintenance margin, brokers have the right to call for additional funds to sustain the position. This margin serves as a protective measure against possible losses in trading.
What is a pip in forex？
A “pip” in forex trading, short for “percentage in point”, represents the smallest price movement in the exchange rate of a currency pair. It is a standardized unit of measurement used to express the change in value between two currencies.
What is a forex god?
The term “Forex God” stands as a metaphorical epitome of excellence in the field of foreign exchange trading. It's a label informally coined within the trader community, denoting an individual whose expertise and success in the forex market are extraordinary. These individuals are distinguished not just by their financial gains but also by their profound understanding of forex market intricacies, astute insights into global economic variables, and their ability to anticipate market shifts with remarkable precision.
Where to buy bitcoin?
You can purchase Bitcoin through various platforms including cryptocurrency exchanges like Coinbase, Binance, and Kraken; peer-to-peer trading; Bitcoin ATMs; and direct commercial exchanges. Remember to set up a digital wallet for storage and always exercise safety and caution.
How does bitcoin work?
Bitcoin works by utilizing a technology called blockchain. Blockchain is a system of recording information in a way that makes it difficult or near impossible to change, hack, or cheat the system.
What is digital currency？
Digital currency is a type of currency that is only available in digital or electronic form, not in physical form like notes or coins. It allows for instantaneous transactions and borderless transfer of ownership. Examples include cryptocurrencies like Bitcoin, as well as digital payment systems like PayPal.
Is Crypto Over, Is There a Future?
It's impossible for any entity to definitively say if the era of cryptocurrency is over or predict its future with absolute certainty. The field is still quite young, vibrant, and volatile. Innovations, regulatory changes, and market dynamics could all significantly impact the future of cryptocurrencies.
What is the Forex Market?
The foreign exchange market (forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market.
What is scalping in forex?
Scalping is a popular trading strategy used primarily in the Forex market, characterized by the execution of a large number of trades to capitalize on small price movements. Unlike other trading strategies that aim for significant price shifts and may hold positions for hours, days, or even weeks, scalping is all about speed and precision.
SEC vs. Ripple Appeal Window Tightens, XRP Faces Volatility
XRP underperforms despite gains, closing at $0.5874 as the broader crypto market advances by 2.24%. SEC Chair Gensler warns of rampant fraud in crypto markets, while Ripple fights to clear its legal path forward. Congress and SEC face off over digital asset regulations, sparking uncertainty in the US crypto landscape.
BTC Price Forecast: Bullish Momentum Builds as Fed Cuts Rates by 50 Basis Points
Fed’s surprise 50bps rate cut drives Bitcoin rally, with BTC closing at $61,774 and eyeing a $65K target. BTC ETF outflows surge despite Bitcoin's 2.41% gain. Net outflows of $52.7M raise concerns amid market volatility. US jobless claims and economic data could push Bitcoin toward $65K or trigger a drop to $55K, market sentiment critical.
Japanese Yen Forecast: Will USD/JPY Break 139.5? BoJ and US Labor Market in Focus
Foreign inflows may drive USD/JPY lower, impacting inflation, Japanese goods demand, and BoJ policies. Stronger Yen may lower import prices, leading domestic companies to cut prices and triggering potential deflation. Weaker US labor data could spark speculation about an aggressive November Fed rate cut.
Chris Larsen’s XRP Transfer Sparks Investor Concerns Amid SEC Uncertainty
XRP declines by 0.39%, underperforming the broader crypto market as concerns over an SEC appeal linger. Ripple co-founder Chris Larsen moves 50M XRP, sparking speculation on his motives and potential market impact. XRP price trends hinge on the SEC’s appeal decision, with a potential drop below $0.40 or a rally to $1.00 at stake.
U.S. Dollar Declines: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
EUR/USD settled below 1.1100 as traders reacted to the Euro Area Industrial Production report. USD/CAD was mostly flat despite the rally in precious metals markets. USD/JPY pulled back as traders focused on falling Treasury yields.
The Week Ahead: Central Bankers and Inflation to Dictate Near-Term Forex Trends
US consumer confidence and inflation to influence bets on an H1 2024 Fed rate cut. Market bets on an April ECB rate cut in the hands of member states and Eurozone inflation reports. China, the Bank of Japan, the RBA, and the RBNZ will also be in the spotlight.
What are the results of the first debate?
The American Misery Index predicts Harris will be the next president.
France: Political Uncertainty Weighs on Public Finances and Funding Conditions
Political uncertainty, a challenging fiscal outlook, and the rising divergence in funding conditions between France and other core euro area sovereign borrowers underscore the importance of political stability.
Trump’s New Crypto Project Sparks Controversy ahead of $540M Fundraise
World Liberty Financial, a DeFi platform tied to members of the Donald Trump family, has gained attention as it aims to raise $540 million through the sale of 30% of its WLFI token 70% of the WLFI tokens, worth around $540 million, are earmarked for the project's insiders, including, Donald Trump's close family members.