R Factor EA is a robot that was hosted on the MQL5 forum. It was designed by Raphael Minato from Brazil on January 9, 2021. The last version is 1.5, released on January 30, 2021. As we can see from a promo, the first ten clients will get a free VPS for a year. Detailed Forex Robot Review Let’s talk about the features of this all-new robot: It’s a … [Read more...] about R Factor EA Review
EUR/USD: Trading Pair Weighed Down by Debt Burden
US net-interest costs are expected to grow from 1.4% of GDP in 2021 to 2.4% in 2031.European banks have not recovered from a €2 trillion debt in more than a decade.Increased spending will help the US economy to recover despite the rise in debt. The EUR/USD trading pair has risen by 2.76% in the three months leading to February 16, 2021, buoyed by the falling unemployment … [Read more...] about EUR/USD: Trading Pair Weighed Down by Debt Burden
Japan’s Posts Better-than-Expected Growth. Nikkei Hits a 30-Year High
Japan’s gross domestic product grew at an annualized rate of 12.7% in the three months to December from the previous quarter, according to The Japan Times. The double-digit growth pushed Japan's main stock index Nikkei 225 up 1.9% to cross the 30,000 point threshold for the first time since August 1990. Japan’s growth, which was better than expected, signals a potential for … [Read more...] about Japan’s Posts Better-than-Expected Growth. Nikkei Hits a 30-Year High
Oil Peaks to a Pandemic High Amid Freezing Weather Impacts on Demand and Production
West Texas Intermediate crude is on pace to settle above $60 a barrel, the first time since the early days of the coronavirus pandemic. According to CNBC, the oil rally was caused by rise in demand for power and fuel due to cold weather in some parts of the U.S that also threatened production. WTI crude futures rose 67 cents or 1.1% to $60.14 a barrel on Monday morning … [Read more...] about Oil Peaks to a Pandemic High Amid Freezing Weather Impacts on Demand and Production
What Are Foreign Exchange Reserves? Role in Currency and Economy Stabilization
No country in the world is self-sufficient. For this reason, governments engage in international trade to dispose of whatever is produced in abundance and acquire whatever an economy lacks. International trade between countries gives rise to a phenomenon commonly referred to as foreign exchange reserve. Foreign exchange reserves are assets or holdings held by a country in … [Read more...] about What Are Foreign Exchange Reserves? Role in Currency and Economy Stabilization