Author: <span>backcom_webt</span>

Donald Trump to impose 25% tariffs on imported Steel and Aluminum

US President Donald Trump announced on Monday that he will impose a 25% tariff on all imported steel and aluminum, escalating trade tensions by extending protectionist measures to the metals sector. This move marks another significant step in Trump’s aggressive trade policy, which has already disrupted global markets and raised concerns over inflation. Trump’s Announcement […]

Gold Hits Record High as Trump’s 25% Tariffs Shake Global Markets

February 11 – Global markets are reacting sharply as Gold Hits Record High, the U.S. dollar remains firm, and Hong Kong stocks surge to a four-month peak. The movements come amid shifting U.S. trade policies and anticipation of Federal Reserve Chair Jerome Powell’s speech on tariffs and inflation. Gold Surges to Record High Amid Market Uncertainty […]

What is the correlation between currency pairs in Forex?

Understanding the correlation between currency pairs is a fundamental concept that every Forex trader must grasp. Specifically, knowing how currency pairs correlate and how to use this information can help you make more effective trading decisions. In this article, we will also introduce a tool to help identify currency pair correlations. Let’s dive in! What […]

What is a supply and demand zone? How to identify supply and demand zones in Forex?

What is a Supply and Demand Zone? This is a key concept in the financial market, representing crucial areas on the chart. The interaction between supply and demand creates ideal decision points for trading. Understanding and applying supply and demand zones is an effective way for investors to achieve profits in the Forex market. Let’s […]

What is a COT report? Instructions on how to read COT reports

COT report is one of the most commonly used market analysis tools in financial trading. The COT report provides detailed information on the buying/selling advisory of futures contracts by commercial traders and speculators in the market. This data can help predict future market trends and identify attractive trading opportunities. In this article, we will explore […]

UK Announces fees for claims management companies filing complaints

In a significant policy shift, the UK Financial Ombudsman Service (FOS) has introduced a new fee structure aimed at regulating claims management companies. This move is expected to reduce fraudulent complaints while sparking debates over consumer rights. Financial Ombudsman’s move aims to Prevent Fraudulent Cases The UK Financial Ombudsman Service (FOS) announced on Friday that […]