Bullish narrative for the metals market

Last Friday the monthly non-farm payrolls were released and they showed the US economy created only 235,000 new jobs in August, way below the expected 750,000. However, this helped traders to sell the USD. The unemployment rate slid (improved) to 5.2% from 5.4% previously, while average hourly earnings (wage growth) rose to 4.3% from 4.1%Read More

Eightcap Became the Largest Cryptocurrency Offering for Retail Clients

Australia-based, award-winning CFD broker Eightcap, has launched over 250 Cryptocurrency derivatives. This update allows its clients to diversify their crypto portfolio via the MT4 and MT5 platforms. The addition of this new positions makes the broker the largest one within the CFD sector.  Eightcap has decided to step in in the current situation with crypto exchanges whereRead More

HotForex Offers 50% Welcome Bonus for Its Clients

The global broker of choice now offers clients that reside in specific countries a 50% Welcome Bonus on their first deposit of at least $50 into a new MT4 Micro Account. Multi-asset forex and commodities broker HotForex has announced about the bonus offer for its new and existing clients. The broker offers traders to kickstartRead More

Axiory warns clients of potential volatility around the Swiss franc

Award-winning leading Forex and CFDs broker, Axiory Global, has lowered its leverage to 1:20 on all its Swiss franc (CHF) currency pairs due to uncertainty and potential volatility around the Swiss franc (CHF).  Following these recent developments, Axiory Global CEO Roberto d’Ambrosio said; “Adequately managing risk means to be proactive rather than reactive, by analyzingRead More

Short-Term Bearish Run For Crude Oil

Last week, the OPEC+ group had to start boosting oil production by the request of the White House. It was necessary to slow rising gasoline prices that could affect the economic recovery in the world. It resulted in a problem with oil commodity itself. The boosting of oil production was criticized by the president’s administrationRead More