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Monthly Archives: August 2023

Week Ahead: Markets to Focus on RBNZ Rate Statement and US Retail Sales

Written on August 14, 2023 at 1:34 am, by

Important economic events will have a significant impact on the forex market this week. Keep an eye out for the Reserve Bank of New Zealand’s (RBNZ) Rate Statement and the US data for retail sales. This information could greatly influence the markets, so it’s crucial for traders to be cautious and stay on top of Continue Reading

How to Start Online Forex Trading with VT Markets Italy

Written on August 11, 2023 at 8:47 am, by

Online Forex trading is a lucrative and exciting venture that allows individuals to engage in global currency markets. VT Markets Italy is one such platform that has made online Forex trading accessible to traders in Italy. Follow this step-by-step guide on how to start online Forex trading with VT Markets Italy. 1. Understanding the Basics Continue Reading

From “Tulip Mania” to modern markets: How to trade soft commodities 

Written on August 10, 2023 at 9:02 am, by

In the 17th-century Dutch Golden Age, a mesmerising phenomenon called “Tulip Mania” took centre stage, forever changing economic history.  Tulips, normally beloved for their beauty, became the focus of an astonishing speculative bubble. Prices soared to unimaginable heights, with a single rare bulb fetching the value of a grand house in Amsterdam.  Enthusiastic investors rushed Continue Reading

Unveiling the power of technical analysis: A forex trader’s strategic edge

Written on August 8, 2023 at 12:36 pm, by

In ancient Japan, there was a brilliant rice trader named Munehisa Homma. He had a unique talent for predicting future price movements in the rice markets. How did he do it? Well, he closely observed market prices and studied the emotions of fear and greed among traders. This keen observation led him to create something Continue Reading

Week Ahead: All Eyes on US Consumer Price Index and Producer Price Index

Written on August 7, 2023 at 3:09 am, by

Several key market events are expected to influence the financial markets this week. Specifically, the highly awaited US Consumer Price Index and Producer Price Index will be released. In light of these crucial announcements, we advise traders to approach their trading preparations with caution, considering the potential for heightened market volatility.  Here are some key Continue Reading

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