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Bullish viewBuy the GBP/USD pair and set a take-profit at 1.1850.Add a stop-loss at 1.1500.Timeline: 1-2 days.Bearish viewSet a sell-stop at 1.1525 and a take-profit at 1.1450.Add a stop-loss at 1.1625.The GBP/USD price continued rising as sentiment over Rishi Sunak’s government. It rose to a high o

New York (CNN Business)Former Trump economic official Gary Cohn is in favor of President Joe Biden lifting some Trump-era tariffs imposed on China to address high inflation. "These tariffs are adding to the cost of many goods that US consumers are buying," Cohn told CNN. Cohn, now vice chairman at I

#Industry 01 Apple Pulls Down MT4 and MT5 Trading Apps from App Store The trading apps are still available on Google Playstore. MetaQuotes says the action is not linked in any way to Western sanctions on Russia. 02 Is Copy Trading Still Popular in 2022? The market size of the industry stood at $2.2

"NII (net interest income) to the sky," writes Wells Fargo analyst Mike Mayo in his 2022 outlook for large-cap banks. Credit costs are expected to stay at half of historical level, and capital markets should remain above 2019 levels. "Traditional banking revenue should show the fastest growth in a g

The Canadian dollar moved sideways after the latest interest rate decision by the Bank of Canada. The bank decided to hike interest rates by 0.50%. Pushing the overnight rate to 1.50%. In addition, Tiff Macklem warned that more rate hikes were necessary to curb the soaring inflation. This was more h

Welcome to moody Monday, with stocks wobbling and oil prices getting hit hard after a batch of downbeat data from China, alongside a surprise rate cut. Some say that the global growth engine’s economic issues belong in a different box from the rest of the world, owing to Cihna’s self-imposed slowdow

Bearish ViewSell the BTC/USD and set a take-profit at 40,000.Add a stop-loss at 48,000.Timeline: 1-2 days.Bullish ViewSet a buy-stop at 45,500 and a take-profit at 48,000.Add a stop-loss at 43,000. Bitcoin joined American stocks in a major slump as investors continued to worry about the hawkish Fede

Signal Provider Application Conditions 1, Before applying for a signal provider, real-name authentication must be completed, and the real-name information of the trading account must match the real-name authentication information. 2, No subscribing orders. 3, For API accounts, once the real-name ver

On February 24, when Russian forces launched a war on neighbour Ukraine, it actually escalated an eight-year stalemate that commenced with Russia reclaiming the Crimean Peninsula in March 2014 to undo what it describes as a Soviet-era in justice. As news of the Russian move trickled in, stock market

The U.S. Federal Reserve's monetary policy tightening and a strengthening dollar are having a knock-on effect on African nations' balance sheets and public debt burdens, according to a new report. In early November, the Fed implemented a fourth consecutive three-quarter point interest rate increase

Asia Market Update: Markets generally pare gains during the final trading session of 2022; JGB yields drop, more BOJ emergency bond purchases seen. General trend - USD/JPY extends decline. - China official PMI data is due on Saturday [post US close]. Headlines/economic data Australia/New Zealand - A

LONDON — The U.K. economic contraction of 2023 will be almost as deep as that of Russia, economists expect, as a sharp fall in household living standards weighs on activity. In its 2023 macro outlook, Goldman Sachs forecast a 1.2% contraction in the U.K. real GDP over the course of this year, well b