The European Central Bank kept stimulus settings in place to assert that current conditions are enough to keep the economy in line for a rebound, according to Bloomberg. The deposit rate was kept steady at -0.5%, as officials said they will continue to provide long-term loans to lenders in efforts to keep credit flows to businesses and households.The pandemic-bond buying … [Read more...] about European Central Bank Stands Pat On Stimulus Settings
India Tops U.S. Record To Post World’s Biggest Daily COVID-19 Tally
India reported 314,835 new COVID-19 infections on Thursday to top the previous record of 314,312 recorded in the United States in December, according to Bloomberg. Indian Rupee is down 2.4% to US Dollar this month.The latest figures brought India's total infections to 16 million, the second-most across the globe.COVID-related deaths are at 184,000, making the country's … [Read more...] about India Tops U.S. Record To Post World’s Biggest Daily COVID-19 Tally
FX Deal Club Review
To see appreciable returns in Forex using smart trading methods is important. While some take the help of automated trading software systems, others use the signal services for their trading. And some go for the managed account services. FX Deal Club is a managed account service that assures transparency and reliability to all its clients. Top security, convenient to … [Read more...] about FX Deal Club Review
The Upbeat UK and Australia Data Putting Pressure on the USD, XAU/USD Eyeing the $1,800 Mark
The Office for National Statistics (ONS) reported on Wednesday that housing price inflation in the UK rose 8.6% year-over-year for February 2021 compared to January 2021. This is a sign of recovery in the UK economy, and now upward pressure on the cable is building up.Australia’s retail sales for March are up 1.4%, hence flooring the expected 1%. The Australian dollar looks to … [Read more...] about The Upbeat UK and Australia Data Putting Pressure on the USD, XAU/USD Eyeing the $1,800 Mark
An Introduction to Supply and Demand Trading In Forex
Forex consists of a diverse trading community where we find defined camps of traders who religiously subscribe to particular market beliefs and trading methodologies. For instance, more and more traders are adopting price action concepts, even though not everyone agrees with them. Other parts of the community may be die-hard proponents of moving averages and use that as … [Read more...] about An Introduction to Supply and Demand Trading In Forex
