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Famous Myths and Legends about Forex Trading

Famous Myths and Legends about Forex Trading

Forex traders aim to profit by buying currencies at low prices and selling them at higher prices. This type of trading has become popular, especially with the widespread availability of online forex brokers. Many investors in the forex market achieve high profit margins in their individual trades. However, this does not negate the reality of losses. …

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what is the difference between opec and opec plus?

What is the difference between OPEC and OPEC plus?

OPEC, an acronym for the Organization of the Petroleum Exporting Countries, is an international governmental organization comprising 13 member countries. It was established in Baghdad on September 14, 1960, by the initial five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela). Despite its main headquarters being in Vienna, Austria, since 1965, Austria itself is not …

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will 2023 see an economic recession

Will 2023 see an economic recession?

Fears have increased significantly with the escalation of expectations by economic experts and analysts of a possible economic recession in 2023, the global economy in 2022 witnessed a difficult period in which it was severely affected by the repercussions resulting from the outbreak of the Covid-19 pandemic and the global lockdown measures associated with it, …

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Meta Shares Soar as Earnings Beat Estimates

Meta Shares Soar as Earnings Beat Estimates

Meta shares rallied on Wednesday after the company released its revenue for the first quarter which came out above estimates and revived investors’ optimism regarding the future of the company in a very challenging environment. Initially, analysts surveyed by FactSet expected net earnings to average $2.02 per share on revenue of $27.7 billion. However, (META) …

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hedge

Hedge Strategy

It is one of the ways that traders use the forex market to protect their positions from the risk of potential loss arising from news and events affecting the global markets and hedging is a short-term approach to maintaining a long-term investment.There are several ways to implement the hedge strategy, but the complex ones are …

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