This is the rate used to lend funds to banks which are then passed on to customers when borrowing money in the form of a mortgage, for example. Importantly, an interest rate hike makes it more expensive for UK individuals to borrow funds. Following the enactment of the Bank Charter Act in 1844, the bank […]
Forex Trading
HIVE Digital Technologies HIVE Stock Price, News & Analysis
ServiceNow’s Now Platform is a cloud-based platform for automating IT management workflows. As blockchain technology matures, there will be many opportunities for investors. Along with blockchain exchange-traded funds and other avenues, blockchain technology companies are a means of gaining exposure to this segment of the tech market. Although blockchain technology has been around for a […]
How to Trade Support and Resistance in the Forex Market
Knowing the difference between major and minor levels helps traders. Minor levels provide quick, short-term trades within the market structure. These levels often match round numbers, like $50 or $100, which affect the market. Support levels act as a floor, stopping prices from dropping too low. Resistance levels, on the other hand, act as a […]
Scalping futures contracts: Understanding the Basics of Contract Trading
Scalping is a popular trading strategy that allows traders to earn profits by executing multiple trades in a short period. It involves buying and selling futures contracts within seconds or minutes to take advantage of small price movements. Scalping is an effective way to capitalize on short-term market inefficiencies and generate quick profits. This is […]