Nigerian Naira: Currency Crash Continues
UPDATED: This article was originally published on June 19 A move by the Nigerian government to float the Nigerian Naira has backfired. The government-implemented currency float is meant to help close the gap between official and black-market exchange rates. Instead, the Nigerian Naira has experienced a record plunge, severely impacting Nigeria’s economy. In […]
Womens Wealth: Discover the secrets of trading and financial security
Online trading has helped millions across Africa achieve their financial freedom. As high inflation coupled with rising interest rates continues to plague the African continent, financial security is of critical concern. How can you grab your financial freedom? CMTrading has created an incredible show called Women’s Wealth along with a series of expert trading courses […]
SEC vs Crypto: Binance sued, Bitcoin drops
The world of cryptocurrency has been rocked by recent actions taken by the Securities and Exchange Commission (SEC) in the United States. With the increasing popularity of cryptocurrencies such as Bitcoin and Ethereum, the SEC has taken a closer look at these digital assets and the companies that trade them. The SEC’s actions against cryptocurrency […]
What To Trade: Apple Shares Surge To All-time High
Apple Inc. experienced a sharp rise followed by a drop in its stock price on Monday (June 5), reversing earlier gains that had propelled its shares to an all-time high. The drop came as investors expressed hesitation regarding the high price of Apple’s newly-launched Vision Pro mixed-reality headset. CMTrading takes a look at Apple’s share […]
What to trade: Nvidia joins the Trillion-dollar club!
Major computer chip maker, Nvidia (NVDA), hit a $1 trillion market cap on May 30 before paring back gains, falling to $990 billion. The company’s shares had to hold above $404.86 to maintain its status in the exclusive “Trillion-dollar club” throughout the day. Nvidia’s market cap places it alongside a handful of other companies, including […]
What You Should Trade This Week: Microsoft, Amazon & Meta
As a trader, staying ahead of the game and identifying profitable opportunities is crucial. If you’re looking for your next trade, the three companies that deserve your attention are Microsoft, Facebook (Meta Platforms), and Amazon. Each of these tech giants is currently enjoying a boom in the tech sector, and there are several compelling […]
10 Amazing Ways To Use AI Plugins For Online Trading
From stock picks to risk assessment, Artificial intelligence (AI) has revolutionised the way stock traders analyze and interpret market data. In May 2023, AI plugins are booming as traders can gain valuable insights, make informed decisions, and stay ahead of the curve. Want to learn more about the markets? Check out our latest […]
Facebook owner Meta hit with record $1.3bn data-breach fine
In a significant blow to Facebook owner Meta, the social media giant has been hit with a record-high fine for mishandling user information. The fine, imposed by Ireland and the European Union (EU), highlights the increasing scrutiny faced by tech companies regarding data privacy. Today, CMTrading delves into the details of the fine and its […]
Historic crypto hearing: What traders need to know
The rise of Cryptocurrencies such as Bitcoin has paved the way for a revolution in digital-asset trading. As crypto becomes mainstream new rules and regulations need to be implemented to avoid scams and fraud such as FTX. The US House Committees on Agriculture and Financial Services held a joint hearing on May 10th to address […]
How Ai-powered Trading Bots are revolutionizing markets
Stock prices fluctuate all the time. Some assets, such as Bitcoin, experience extreme volatility, rising and falling within an hour. Accurately anticipating these movements, is the key to successful trading. However, accurately predicting stock prices has proven to be an elusive endeavor, requiring copious amounts of market analysis and luck. Various methods can be employed […]