How Do Forex Brokers Work
Forex brokers are vital participants in enabling seamless trading operations within the foreign exchange market.
How to Use Stop Loss Orders?
In forex trading, understanding and managing risk is paramount to success. One powerful tool that traders have is the "stop loss order."
Best High Leverage Forex Brokers for 2023
Forex leverage provides traders with the ability to manage larger positions using a smaller capital investment.
Can Forex Brokers Manipulate Price
Many forex traders often find themselves questioning whether online brokers have the ability to manipulate prices in the forex market.
Spot Forex Trading vs Spread Betting
When it comes to speculating on currency markets, two popular methods stand out: Spot forex trading and spread betting.
Preventing Financial Disasters: A Safety Guide for Forex Investors
Forex trading involves the exchange of currencies from different countries and regions, making it one of the largest financial markets in the world, with a daily trading volume exceeding $5 trillion.
Why Do Different Forex Brokers Have Different Prices?
The variation in prices for the same currency pair among different brokers can often cause confusion, particularly for novice forex traders.
Goldman Sachs sues Malaysia over 1MDB settlement
Goldman Sachs Group (GS.N) initiated legal proceedings against Malaysia in a UK court, further escalating tensions regarding a settlement agreement related to the bank's involvement in the multi-billion dollar 1MDB corruption scandal.
Explained: Why the Singapore dollar is so strong against the ringgit?
An in-depth examination of the diverse economic strategies that have played a role in the continuous expansion of the disparity between the two currencies.
New Zealand Banks to Adopt New Scam Prevention Measures
Banks in New Zealand on Friday announced new measures to combat scams, including the establishment of a national Anti-Scam Centre, the consolidation of resources to combat money laundering, and raising public awareness of fraud prevention.
Empowering Traders with Information: The Role of WikiFX in the Online Trading World
In today's fast-paced financial markets, online trading has become increasingly popular as individuals seek to seize investment opportunities from the comfort of their own homes.
Empowering Traders: Unveiling the Benefits of wikiFX VPS Service
In the fast-paced world of forex trading, having a technological edge can make all the difference between success and missed opportunities.
The Importance of Verifying Forex Brokers Before Entering Forex Trading: A Spotlight on WikiFX
Forex trading, also known as foreign exchange trading, has become increasingly popular among both novice and seasoned investors.
Ringgit opens lower versus US dollar!!
On Monday (August 28), the Malaysian ringgit commenced trading with a decline against the US dollar, as the strength of the greenback persisted due to hawkish remarks made by Jerome Powell, the Chair of the US Federal Reserve.
Ringgit could rise amid global uncertainties?!
The domestic currency is expected to remain within the range of RM4.64 to RM4.65 today.
Ringgit lower against US dollar in early trade
At 9:01 AM, the domestic currency weakened to 4.6275/6295 against the US dollar, a decrease from yesterday's closing rate of 4.6140/6175.
Cautious sentiment continues at Bursa Malaysia in early trade
At 9:05 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) experienced a decline of 3.12 points, slipping to 1,442.69 from yesterday's closing level of 1,445.81.
Bursa Malaysia opens marginally lower on cautious sentiments
Bursa Malaysia commenced the week with a slight decline on Monday, reflecting a sense of caution in the market following Wall Street's lackluster performance on Friday and apprehensions regarding China's economic expansion.
Intraday Chart Tips
Powered by WikiFX: (GOLD, EUR/USD, GBP/USD and USD/JPY) Technical Analysis August 04 , 2023
Bursa Malaysia rebounds to open higher
At 9:10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) experienced a gain of 2.14 points, reaching 1,443.99 from yesterday's closing of 1,441.85. The primary index commenced with a 0.64-point increase, opening at 1,442.49.
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