Currencies
With the advancement of everything in the world, today, people are moving from trading goods and services for money to trading various currencies. The reason for this, is because, in the world, there are so many currencies available, and all these currencies are in circulation in the money market. The more the various currencies are […]
... written on Jan 18 2022XAG (formerly known as XAircraft), a Guangzhou-based manufacturer of agricultural drones, is sending robots and drones to rice, wheat and cotton fields to do something unimaginable by aging farmers – automating seeding, pesticide spraying and weather monitoring. Last month, it launched V40 and P40 Agricultural Drone that can conduct mapping, spraying, and broadcast on the […]
... written on Dec 15 2021When Malaysian economy contracted by 4.5% in the third quarter of 2021, lower than Bloomberg’s estimation of -1.9% and Reuters’ -1.3%, it spoke volume about the consequences of multiple half-baked lockdowns imposed by the Muhyiddin government. Because of the two consecutive GDP contractions (1.9% in 2Q21 and 3.6% in 3Q21), the country is in technical […]
... written on Dec 07 2021More than 500,000 people travel across the Johor-Singapore Causeway every day, making it one of the busiest overland border crossings in the region. An average 300,000 Malaysian crossed the border daily to work in Singapore, lured by a favourable exchange rate. At today’s currency rate, it’s like earning Australian dollar (or US dollar in 2013). […]
... written on Sep 28 2021You may be familiar with stock trading but struggle to get your head around the concept of forex trading. Forex trading is similar to sports betting, only that instead of betting on a team to lose or win, you are betting on one currency to strengthen or weaken relative to another. It is an exciting […]
... written on Sep 21 2021Under the clueless leadership of Mahiaddin alias Muhyiddin, Malaysia has broken more Coronavirus records today – 20,596 daily infections, a total 10,019 deaths, 217,061 active patients and 1,078 patients in ICUs (including 549 who required ventilators). The total cumulative Covid-19 cases have jumped to 1,203,706 since the pandemic started last year. The statistics may […]
... written on Aug 05 2021Traders can’t avoid facing losing streaks. This means they need to take the steps to recover their loss. But, it’s not easy to get money back. To recover your losses, it’s necessary to improve your trading performances. Some traders try to take action immediately and so they face big problems. Bear in mind, as a […]
... written on Jul 08 2021Less than a decade ago, people would laugh at the idea of digital currency, popularly known as bitcoin. On Monday, the value of the cryptocurrency market topped US$2 trillion for the first time. According to CoinGecko, which track the values of digital currencies, the market capitalization of the cryptocurrency market has doubled in just over […]
... written on Apr 07 2021Managing the losing trades is the most critical step in the Forex market. Being a new trader, you might not have the emotional stability to deal with series of losing trades. You will become emotional and try silly things to recover the losses. At times, such actions will help you to cover up the losses. […]
... written on Mar 19 2021If you were asked to name two financial markets that should command your attention in the digital age, cryptocurrency and the foreign exchange would probably come at the top of your list. After all, the forex market sees an estimated $6.6 trillion traded globally every single day, while the cryptocurrency space in the UK […]
... written on Jan 22 2021