EUR/USD 1.15768
-0.028%
Gold 4089.08
0.530%
Oil 60.123
-0.725%
USD/JPY 155.615
0.066%
GBP/USD 1.31316
-0.098%
GBP/JPY 204.351
-0.027%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Alphabet (GOOG.O) rose 1.1% in pre-market trading.November 19th - Data released by the European Central Bank on Wednesday showed that the eurozones current account surplus widened slightly in September, as an increase in the goods surplus offset a small decline in services trade. The seasonally adjusted current account surplus for the 20 eurozone countries rose to €23.1 billion from €22.2 billion in the previous month, while the unadjusted figure showed an increase to €38.1 billion from €22.3 billion. In the 12 months ending in September, the current account surplus accounted for 2.0% of the regions GDP, down from 2.7% in the previous month.On November 19th, a source familiar with the matter revealed that South Koreas antitrust regulator is investigating Arms (ARM.O) Seoul office as part of its ongoing review of Arms (ARM.O) licensing business. Previously, it was reported that the Korea Fair Trade Commission (FTC) had conducted an on-site visit to Arms Seoul office. This comes after Qualcomm (QCOM.O) filed a complaint alleging that the British semiconductor and software design company, after maintaining its "open technology network" for over 20 years, is now restricting other companies access to its technology, a move that has harmed market competition.On November 19th, according to a report released Wednesday by Counterpoint Research, Nvidia recently decided to switch from DDR5 (typically used in servers) to LPDDR (a low-power memory chip commonly used in phones and tablets) to reduce the power consumption of its AI servers. This move could potentially double server memory prices by the end of 2026. Over the past two months, the global electronics supply chain has been hit by a shortage of traditional memory chips as manufacturers shift their focus to high-end semiconductor memory chips suitable for artificial intelligence applications. Counterpoint points out that since each AI server requires far more memory chips than a single mobile phone, Nvidias latest move is expected to generate unexpected demand, and the shortage in the low-end market may spread to the high-end market. Chip manufacturers are considering whether to shift more production capacity to LPDDR to meet Nvidias needs.Hengshuo Technology stated on its interactive platform that its 512Mb NOR flash product based on ETOX technology is currently under development.

Currency Trading Forex

Drake Hampton

Mar 24, 2022 14:28

Forex currency trading may be the correct choice for you if you're seeking for a very liquid trading environment that allows you to speculate on a practically 24/6 currency market. Forex trading should be confined to risk money, and while the off-exchange foreign currency market has certain unique hazards, it can present a chance for educated traders to benefit from a very busy worldwide market.


截屏2022-03-24 上午10.54.45.png

The Basics of Forex Currency Trading

It is a worldwide market for currency exchange between governments, as well as for individual investors or dealers. As the name indicates, the retail off-exchange forex market does not take place on an exchange, which means that there is no physical site where all currencies are traded.

 

A critical and fundamental point to grasp about forex is that it is traded in pairs. This implies that you are simultaneously purchasing and selling a currency. For instance, you initiate a trade in the European euro versus the US dollar, or EUR/USD. This indicates that you expect the euro will appreciate in value relative to the dollar. On the other hand, if the euro depreciates against the dollar, you risk losing your whole investment, or even more. If the euro increases in value and you wish to benefit, you would "unwind" your position by selling the euro and purchasing the dollar. That is a fairly simplified example, but it should illustrate how forex works in general.

Considerations

Consider the following before engaging in forex trading:

 

Leverage: Using a little quantity of money to control a huge investment. This enables high potential returns, but caution should be exercised because it can also result in significant losses.

 

Market that operates nearly 24 hours a day, six days a week: Respond quickly to market circumstances and economic events by trading almost 24 hours a day, six days a week — from Sunday to Friday.

 

Liquidity: Forex is an extremely busy market with an enormous volume of trading, particularly in the largest currencies. Trading some of the more esoteric pairings may raise worries about liquidity.

 

Forex currency pairs are exchanged in 10,000-unit increments with no fee. However, the bid/ask spread reflects the cost of the trade.

Establishing an account

To begin forex trading with Top1 Markets, you must first establish a basic account. Individual or joint accounts are available for the Standard account. Additionally, you must request for and receive approval for margin rights on your account.

Suggestion