Gold price analysis: can XAU/USD revisit $2,000 following June’s crucial FOMC meeting?
Gold price analysis: can XAU/USD revisit $2,000 following June’s crucial FOMC meeting? Gold (XAU/USD) prices have managed to recover since March when the yellow metal tumbled well below the $1,700 mark. However, despite higher inflation figures, the US dollar continues to dominate the markets and pressuring gold, which failed to breach resistance at $1,900. With the Federal Reserve meeting and interest rate decision taking place […]
Stock of the Week: Amazon up 5%, shopping giant gearing up for huge Prime Day sales
Stock of the Week: Amazon up 5%, shopping giant gearing up for huge Prime Day sales Amazon stock is up by 5% as the online shopping giant continues to dominate the market. Amazon stock is up by 5% as the online shopping giant continues to dominate the market. The company was the clear winner […]
Huge boost for Crypto: El Salvador becomes first country to accept Bitcoin as legal tender
Huge boost for Crypto: El Salvador becomes first country to accept Bitcoin as legal tender Cryptocurrency took a huge step towards legitimacy as El Salvador becomes the first country to adopt Bitcoin as legal tender. The Cryptocurrency market took a huge step towards legitimacy as El Salvador becomes the first country to adopt Bitcoin as […]
Stock of the Week: Exxon soars 49% this year, Oil prices could hit $75 and beyond
Stock of the Week: Exxon soars 49% this year, Oil prices could hit $75 and beyond It has been an incredible week for the oil markets as prices rose to record highs, generating huge profits for oil producers. Oil giant Exxon has soared 49% so far this year! After suffering a disastrous global collapse in 2020, […]
Learn how to become a successful online trader – trading tips for beginners
Learn how to become a successful online trader – trading tips for beginners Online trading can be an incredibly lucrative business and it’s never too late to get started. Thanks to freely available education, innovative tools and platforms that allow you to trade currencies, stocks, commodities or even cryptos, you can achieve profitability easier than ever before. […]
Stock of the week: Pfizer up 16%, eyes vaccine sales of $26 Billion
Stock of the week: Pfizer up 16%, eyes vaccine sales of $26 Billion Pfizer has reported huge Q1 growth, with its revenue increasing to $14.6 billion. The pharmaceutical giant is expected to deliver 1.8 billion doses in 2021. Producing an effective vaccine is critical to defeating COVID-19 and many biotech companies took up the challenge. […]
The power of Trading Trendsetters: Bitcoin crashes to $38,000
The power of Trading Trendsetters: Bitcoin crashes to $38,000 as Elon Musk-fueled rally collapses Tesla CEO Elon Musk attempts to rally the price of Bitcoin failed as the cryptocurrency price plunges. Today, we look at the power of online trading influencers. Telsa CEO, Elon Musk, has been a champion of Bitcoin, pushing the price of the Cryptocurrency to record new highs. It […]
Google shares grow 33% year-to-date: are tech stocks still a buy?
Google shares grow 33% year-to-date: are tech stocks still a buy? The US stock market is going through a rough patch this month, however, the big picture, shows that Google – with its strong year-to-date growth and fundamentals – remains one of the best tech stocks to buy in May. The surprisingly low job growth and high inflation numbers have triggered a stock market sell-off as investors are […]
Currency trading: Is the US dollar losing its dominance?
The US dollar has been in low demand since April, yet markets remain positive despite escalating inflation in the US. In the world of currency trading, we ask – what’s happening with the dollar? What with the riots inside the Capitol, the disastrous effects of the ravaging pandemic, and the presidential election drama, it has been an interesting start to 2021 for the […]
Bitcoin trading: Profit from cryptocurrency movements with CFDs
Bitcoin trading: Profit from cryptocurrency movements with CFDs Since its inception back in 2008, Bitcoin has managed to skyrocket and grow both in value and popularity. Now, Bitcoin and most major altcoins have been made into tradable assets with CFDs, which means that traders can speculate on their price and profit from their momentum without buying them on an exchange. […]