Author: FX

© Reuters. Popular Blogger NFT GOD Loses Entire Crypto Wallet Via Google Ads-Delivered Malware The popular NFT influencer and blogger NFT GOD has fallen victim to a phishing scam on Google (NASDAQ:) Ads. This led to a breach of all his accounts and the theft of his blue-chip non-fungible tokens (NFTs) and digital assets. NFT GOD Loses it All in Phishing AttackOn Sunday, January 15th, NFT influencer and blogger NFT GOD, also known as Alex, reported that on January 14th, his personal and professional accounts were compromised, leading to the theft of his NFTs and digital assets. He tweeted: .tweet-container,.twitter-tweet.twitter-tweet-rendered,blockquote.twitter-tweetmin-height:261px.tweet-containerposition:relativeblockquote.twitter-tweetdisplay:flex;max-width:550px;margin-top:10px;margin-bottom:10pxblockquote.twitter-tweet…

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Prior future Futures Futures or a futures contract represents a legal agreement to buy or sell a security or asset at a predetermined price at a specified time in the future. Of note, the parties are not known to each other.These transactions usually involve commodities or other securities involving the buying and selling for a forward or predetermined price.Futures also adhere to a delivery date, which specifies the date of delivery and payment. Relative to other forms of investing futures are much more complex, as they involve specified and non-flexible parameters.Futures Trading ExplainedFutures contracts are negotiated at exchanges that act…

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Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia suggest a breakdown of 1.0760 could motivate EUR/USD to attempt some consolidation. Key Quotes 24-hour view: “We highlighted last Friday that ‘despite the relatively large gains, momentum has not improved by much’. We added, ‘the risk for EUR is still on the upside even though 1.0900 is expected to offer solid resistance’. However, EUR did not challenge 1.0900 as it dropped from 1.0867 to 1.0778 before closing at 1.0828 (-0.17%). The price actions appear to be part of a consolidation phase. Today, EUR is likely to trade sideways between…

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EUR/USD Price, Chart, and AnalysisThere wasn’t much data for traders to digest on Monday, but suspicions that Eurozone borrowing costs will rise sharply keep the Euro supportedEUR/USD rose back above 1.08It’s a far cry from the slide below parity seen last yearBulls remain in charge but may be over-extended Recommended by David Cottle How to Trade EUR/USD The Euro rose to fresh, nine-month peaks against the US Dollar on Monday with interest-rate differentials firmly in the driving seat.Signs that inflation is relaxing its grip on the United States economy have investors hopeful that borrowing costs there might not have to…

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© Reuters. FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, September 28, 2022. REUTERS/Yves Herman/File Photo By Huw Jones LONDON (Reuters) – Banning commission-based sales of financial products from banks and insurers would be a “serious setback” to the European Union’s capital market and limit choice for consumers, Germany’s finance minister Christian Lindner has said. EU financial services chief Mairead McGuinness set out last month a detailed case in favour of banning “inducements”, or commission paid by a bank or insurer to financial advisers who have sold their products. In a letter to a…

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If you were to ask a group of profitable forex traders what the biggest factor to their success is, chances are that you’ll hear the word “consistency” more than once. Unfortunately, achieving consistency is easier said than done. But by creating a process and setting trading rules for yourself, you can achieve consistency in your execution, which is the first step to becoming a consistently profitable trader. Contrary to what rebels may have you believe, rules are not always meant to be broken. Instead, they are there to help turn positive trading behavior, or what works for you, into acquired…

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The dollar was slightly softer initially and then was bid to start the session but all the flurry is dying down now and markets are keeping more settled. On the balance of things, the greenback is little changed with USD/JPY being arguably the only notable mover with the pair up 0.3% to 128.20-30 levels currently but off its earlier high of 128.86:Other dollar pairs have also retreated from their earlier range extremes and are keeping little changed mostly. EUR/USD is flattish around 1.0825, off its earlier low of 1.0801. GBP/USD is down 0.2% to 1.2200 but off its earlier low…

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Reviewed by Nick Cawley on December 9, 2021 The role of central banks in the forex marketCentral banks are mainly responsible for maintaining inflation in the interest of sustainable economic growth while contributing to the overall stability of the financial system. When central banks deem it necessary they will intervene in financial markets in line with the defined “Monetary Policy Framework”. The implementation of such policy is highly monitored and anticipated by forex traders seeking to take advantage of resulting currency movements. This article focuses on the roles of the major central banks and how their policies affect the global…

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EUR/JPY manages to grab some upside traction above 139.00. Next on the upside for the cross appears the 200-day SMA. EUR/JPY gathers some much needed steam and reclaims the 139.00 hurdle and beyond at the beginning of the week. The recent pronounced correction in the cross seems to have met some contention around the 138.00 neighbourhood. If the rebound picks up a more sustainable pace, then the next target of note turns up at the key 200-day SMA, today at 140.68. Above the latter, the selling bias is expected to mitigate and could shift the outlook to a more constructive…

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