The Scuffle Between Microsoft and Oracle to Acquire TikTok
In the present time, if someone does a business and its viewership gains significant amount of recognition globally, there are very high chances of the business going worldwide, bringing in billions. The business no longer remains exclusive and gets enlisted into the world of national and geopolitical...
FTC Sues an Online Trading Academy, Here’s Why
Ever since the launch of internet, people were introduced to a new platform where they had more opportunities than the real-team world for starting their businesses or trades. Online trading has been one of the factors that has driven large crowds of people to invest in the...
China and India Against Each Other On Borders as well as Economy
Although, there was a time when the Indian and Chinese public used to call each other brothers and sisters but the entire world is well aware of the fact that how much of a beef is between these two nations. After the recent face-off between the Indian...
Gold Prices Higher Than Ever and Investors Are Going Online For Gold
No matter past, present or future, Gold holds the highest amount of importance when it comes to commodity trading. From the start of the first civilization, Gold always had its position and worth, whether in the form of jewelry or currency. With the passage of time, Gold...
Oil Fears Low Trade When OPEC Reduces Its Oil Demand
According to its Monthly Oil Report, the Organization of the Petroleum Exporting Countries (OPEC) fears that there will be a considerable downfall within the demand and supply of oil in the global market. The report said that OPEC is likely to cut down the oil demand by 0.4 barrel...
SoftBank Reconsidering New Trading Strategy Which Hurt Shares
SoftBank Group Corp. is considering revamping a controversial strategy of using derivatives to invest in tech companies, and its executives have met with investors in recent days to assure them that the bets are relatively conservative, according to people familiar with the matter. The Japanese conglomerate has stressed to investors...
Traders Predict The Prices of Oil to Hit $5000 And Oil to Hit $65 in the Two Years’ Time
The year 2020 has been very gloomy over the world’s economy due to the ongoing COVID-19 situation that wrapped itself around the globe and has resulted in mass unemployment and bankruptcies filed by several world-renowned companies. Although the entire world’s economy and the trading world has been affected by...
UK Enters into a Trade Deal with Japan after Unfruitful Talks with EU
After the post-Brexit, UK was able to enter into the first major trade deal with its World War 2 rival, Japan, this Friday soon after the negotiations with EU turned out to be unfruitful. The agreement was arrived at between the two countries as an alternative to the...
US$ Declines While Euro takes a Leap
In an early hours of European trade today i.e. Thursday, the USD slipped while the Euro gained ahead of the greenback. The dollar index which was otherwise tracking the greenback against six different currencies was recorded as low as 0.2% at 93.090 however the currency pair of EUR/US$ successfully managed...
When it comes to the global foreign exchange market, buyers and sellers of currencies determine the rates of one foreign exchange instrument versus others on a real-time basis.
Charts are useful tools for investors and traders as they offer insight into herd behavior. In a book written in 2004, author James Surowiecki explained how crowds make better decisions than individuals. Markets are embodiments of Surowiecki’s thesis as the current price of an asset is the level where...

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