Monthly Archives: May 2025
What is Paper Trading and How Does It Work?
Written on May 8, 2025 at 6:25 am, by
Paper Trading: What is It and How Does It Work? If you’re new to trading or want to refine your skills without risking real money, paper trading is the perfect solution. But what exactly is paper trading, and how does it work? Simply put, it allows traders to practice strategies using virtual funds in a Continue Reading
During the Asian session, WTI crude oil trades at approximately $58.10 following a drop in US inventories
Written on May 8, 2025 at 6:10 am, by luna
WTI oil rebounds on lower US inventories; trade tensions and tariff uncertainty pressure global demand outlook.
Brazil’s central bank unanimously increased interest rates to 14.75%, emphasising the need for flexibility and vigilance
Written on May 8, 2025 at 5:45 am, by luna
Brazil’s Central Bank raises Selic rate, highlighting inflation risks; future policy depends on evolving economic indicators.
After the Fed’s rate decision, EUR/USD remains stable around 1.1300, reflecting traders’ apprehension
Written on May 8, 2025 at 5:40 am, by luna
EUR/USD steadies near 1.1300 amid Fed’s cautious stance and rising expectations of July rate cuts.
South Korea’s currency reserves decreased to a five-year low amid US trade tensions and interventions
Written on May 8, 2025 at 5:15 am, by luna
South Korea’s forex reserves dip $5B in April amid currency stabilisation efforts; won rebounds 3.3%.
The unemployment rate in Switzerland stayed steady at 2.8% for the month of April
Written on May 8, 2025 at 5:10 am, by luna
Global markets steady as Swiss jobless rate holds; crypto surges past $3.1T amid policy shifts.
Hawkesby noted New Zealand’s economy is subdued, with labour data reflecting a lack of confidence
Written on May 8, 2025 at 4:46 am, by luna
Global market strains, tariff impacts, and economic uncertainty challenge New Zealand’s outlook amid slower global activity.
After the Fed’s rate decision, the Mexican Peso appreciated against the US Dollar, trading at 19.61
Written on May 8, 2025 at 4:40 am, by luna
Mexican Peso strengthens as Fed holds rates; USD/MXN drops amid economic uncertainty and rate cut expectations.
US stocks increased following Trump’s comments on chip exports; Powell maintained a cautious stance on rates
Written on May 8, 2025 at 4:16 am, by luna
Fed keeps rates steady amid uncertainty; markets rise after Trump chip decision; Powell signals cautious outlook.
Following the Fed’s decision to maintain rates, EUR/USD fluctuated as Powell cautioned on tariffs affecting targets
Written on May 8, 2025 at 4:10 am, by luna
EUR/USD rose briefly as Fed holds rates steady; market eyes possible future cuts amid tariff concerns.
