News and Information

  The balance of payments is the comprehensive reflection of all foreign economic and financial activities of a country's residents. This indicator not only reflects the country's status on the international economic stage, but also directly affects the operation of macro- and micro-economies. In essence, the balance of payments situation affects...

  In speculative trading in the foreign exchange market, no matter how high the trader's quality or experience, there is always the possibility of losing money. Even those investors who are accustomed to using foreign exchange trading systems will inevitably get into trouble at some point. And as they trade...

  In CXM foreign exchange trading, when the price advances and encounters the corresponding level of support and resistance, entering the market at the price is a common strategy. Left-hand trading is a riskier way to enter the market, but once successful, the entry price will be relatively ideal. This requires...

  In spot gold trading, the party that buys the gold contract is called a long, while the party that sells the contract is called a short. Bulls usually believe that the price will rise, so they choose to buy; on the contrary, bears judge that the price of gold is high and may fall in the future,...

  With the development of computer technology, the "contest" between humans and computers has become increasingly apparent. At present, most domestic foreign exchange traders still use subjective and manual trading methods, but it cannot be ignored that the international mainstream trend is increasingly inclined to use computers to...

  Despite relatively flat market trading on Monday (December 22), spot gold prices still set a new record high, touching $4,409.43/ounce at one point, further confirming the solid performance of the long-term bullish trend, rising by about 1.51%.

  Chicago Federal Reserve President Goolsbee said on Friday (August 15) that mixed inflation data last week and uncertainty about the outlook for tariff policy had made him hesitate to cut interest rates. Previously, Goolsbee mentioned "Golden Road...

  Beginners in foreign exchange trading must control the initial investment, because many beginners are not familiar with the operation of the market, but only blindly participate when they hear that the foreign exchange market has the opportunity. It is best to practice through a demo account in the early stage to become familiar with the platform operation and trading rules.

  The Trump administration is looking for an "open-minded" candidate to be the next chairperson of the Federal Reserve, US Treasury secretary Scott Bescent said on Wednesday, as he put 11 candidates to replace Jerome Powell.

  Definition The phenomenon and process of a comprehensive and sustained increase in the price level over a certain period of time. Element 1. It does not refer to an increase in the price of individual goods or services, but refers to an increase in the weighted average price of all goods and services. Usually through consumer goods...

  Until the late 1990s, only "big players" were allowed to play the foreign exchange game. The original requirement was that you could only trade foreign exchange if you had 10 million to 15 million dollars in funds. Forex was originally designed to satisfy...

  On Friday (November 7), the US dollar rallied slightly against the Japanese yen during the Asian session. It is currently trading around 153.40, an increase of about 0.23%, partially recovering the previous trading day's decline. Recently released Japanese household spending data...

  In the field of foreign exchange online trading, PAMM accounts, LAMM accounts, and MAM accounts are common valet banking accounts, also known as fund manager management accounts. Investors and account managers distribute profits according to an agreed proportion, which means that the account...

  In the Asian session on Wednesday, Brent crude oil was trading at $65.03/barrel, and US WTI crude oil was trading at $60.92/barrel. After two consecutive days of gains, it was close to the intensive pressure range. Market analysts believe that the United States has...

  The fluctuation of foreign exchange rates, although the performance is ever-changing, like ordinary commodities, its fundamental cause is determined by the relationship between supply and demand. In the international foreign exchange market, when there are more buyers than sellers of a certain currency, buyers rush to buy it, and the buyer's power is stronger than the seller's power...