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US Presidential Election in Overdrive: Exploring Forex Wealth Codes with WikiFX App
We’re about to witness the intricate rhythms of multiple asset classes in motion and the dynamic trading scenes as traders leap into action, with an unprecedented wealth effect sweeping towards investors. Please take a minute today to explore the secrets of election-driven opportunities with WikiFX!
CFI partners with Khaleeji Zain 26, Arabian Gulf Cup
CFI recently announced that it will be the official sponsor of the Khaleeji Zain 26 Arabian Gulf Cup, which will take place in Kuwait from December 21 to January 3.
Currency Fluctuations: What It Means When a Country's Currency Rises or Falls
When a country’s currency appreciates or depreciates in value, it reflects the underlying shifts in its economy and global market dynamics. For forex traders, understanding what drives these fluctuations—and how to strategically prepare for them—can make the difference between profit and loss in an ever-volatile market.
What Happened to NFTs?
The NFT market, once booming with speculative investment, has dramatically declined due to economic pressures, systemic failures, and fraud, but shows signs of evolving into a smaller, more stable niche supported by dedicated investors and emerging meme tokens.
M2FXMarkets Review 2024: Read Before You Trade
Avoid M2FXMarkets! Unregulated, dubious trading plans with daily returns of up to 25%. A low 1.25 WikiFX rating highlights serious concerns. Read why its risky.
OpenSea's Come back: Can a Revamped Platform Revitalise the NFT Giant?
OpenSea, once the dominant NFT marketplace, is launching a reimagined platform in December, aiming to reclaim its position in a market experiencing a steep drop in trading volumes.
Morgan Stanley agreed to pay $1M fine in settlement with FINRA
The Financial Industry Regulatory Authority (FINRA) has fined Morgan Stanley & Co. LLC for violating its rules. Morgan Stanley has agreed to pay $1 million as part of the deal with the authority.
Bitcoin.com Introduces Venmo for U.S. Bitcoin Purchases via MoonPay
Bitcoin.com now accepts Venmo for U.S. Bitcoin purchases, powered by MoonPay, enhancing ease and accessibility in the crypto world for millions of users.
Dukascopy Celebrates 20 Years of Trading Excellence and Innovation
Dukascopy marks 20 years of excellence in trading, offering JForex, MT4/5, 1,200+ instruments, and global banking, dedicated to trust and innovation.
FCA Exposed Capital Group's Clone
Recently, the authority issued a warning against a clone of the FCA-authorized firm named Capital Group. The clone is actively engaged in the forex market. The regulator warned people that this firm is contacting people pretending to be an authorized firm and using the genuine details of a legitimate firm.
What Currency Pairs to Watch During the U.S. Election Week
Track key forex pairs like EUR/USD, USD/JPY, and USD/MXN for insights on volatility and market sentiment during this U.S. election week, November 5, 2024.
Join #NovMarket Topic Posting Event to Share a Prize Pool of $80 Daily!
Dear Traders,The November activities in the business section are here! Whether You are a seasoned forex trader or a novice, this is the perfect platform to enhance your skills and exchange experiences.
One article to understand the policy differences between Trump and Harris
In the current political climate, understanding the policy differences between the main candidates has become increasingly important. As the 2024 U.S. presidential election approaches, the intense rivalry between Trump and Harris not only influences voters' decisions but also determines the future direction of the nation at a crucial time. With voting imminent, voters face two distinctly different governance philosophies and policy directions that impact not only U.S. domestic and foreign policy but also profoundly affect the global investment landscape.
FP Markets Received Three Major Awards
The prominent multiasset broker FP Markets won three major awards: “Most Trusted Broker—Global," “Broker of the Year—Asia," and “Fastest Growing Broker—LATAM” at the inaugural Finance Magnates Annual Award (FMAA) Gala. The event happened on Wednesday, October 23, at the Lemon Park Venue in Nicosia, Cyprus.
What would happen if Harris and Trump tie in the Electoral College?
As the 2024 U.S. presidential race approaches, investors worldwide are closely watching potential outcomes and their implications for global markets. While a 269-269 Electoral College tie between Vice President Kamala Harris and former President Donald Trump remains unlikely, its occurrence would set the stage for an unprecedented period of political uncertainty, triggering a contingent election decided by Congress. Such uncertainty would ripple across forex, stock, and oil markets, where stability and predictability are prized. Here’s a look at how a tie could affect these key financial sectors.
Gotbit Founder Indicted in Crypto Market Manipulation Crackdown
The U.S. Department of Justice announced that Aleksei Andriunin, the 26-year-old founder of cryptocurrency market-making firm Gotbit, has been indicted on charges of wire fraud and conspiracy to commit market manipulation.
Social Media Investment Scam Wipes Out RM450k Savings
A former finance officer in Malaysia lost RM450,000 in savings after being deceived by an investment scheme advertised on social media.
Malaysian Woman's RM80,000 Investment Dream Turns into a Nightmare
A 50-year-old Malaysian woman experienced a devastating loss exceeding RM80,000 after falling victim to an online investment scam that preyed on her aspirations for substantial returns. The victim, a former secretary at a private firm, had initially hoped to secure a profitable investment opportunity but instead found herself deceived by a fraudulent scheme.
CMC Markets and ASB Bank Form Strategic Partnership
CMC Markets partners with ASB Bank to offer NZ clients advanced trading technology, access to global markets, and enhanced investment tools on ASB's digital platforms.
How can the forex fix be manipulated?
The forex fix serves as a critical benchmark for currency valuations, impacting trillions of dollars in transactions daily. However, its reliance on real-time market activity makes it susceptible to manipulation. Understanding the mechanisms behind this manipulation is essential for investors and regulators alike.