About: anakin

Jerome Powell, the chairman of the Federal Reserve, reaffirmed the bank’s commitment to combating price increases and remaining upbeat until inflation returns to the Fed’s 2 percent objective on Thursday. Following Powell’s reiteration of the necessity of combating high inflation, the stock market ended a choppy session with solid gains. The Nasdaq increased by 0.6%Continue Reading

US stocks advanced higher on Wednesday, climbing the most in about a month as the global bond market selloff takes a break. The equity market witnessed fresh upside strength after the release of the minutes from the Federal Reserve (Fed) Beige Book, which showed that price growth has slowed in 9 of the 12 districtsContinue Reading

US stocks edged lower on Tuesday, seesawing between gains and losses along the session but gave up ahead of the close amid the bets that the Federal Reserve will stay hawkish on policy tightening. On top of that, recession fears still remained amid the escalating energy crisis, but UK Prime Minister Liz Truss has announcedContinue Reading

Understanding leverage trading What is leverage in forex? Leverage trading is a way to increase your exposure to market forces when you deal in foreign currency pairs. The forex market works according to laws of risk and reward — the greater the risk, the greater the potential reward. Therefore, the higher the leverage rate, theContinue Reading

Understanding pips in forex Pips in forex are the incremental price movements of currency pairs on the foreign exchange market. The term is an acronym for “price in percentage” or “percentage interest point”. When the price of a currency pair moves up or down, the extent of this movement is measured in pips, which areContinue Reading