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Global stock, dollar and oil prices register gains

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May 2022 is inching towards its end and luckily the global stock markets continue to remain strong. The global equity market managed to rebound and the US Dollar also registered some gain. The investors are concerned about the next Federal Reserve policies. The shares continue to rebound in Europe and Asia. The S&P 500 (.SPX) rose by about 0.01% and the Dow Jones Industrial Average (.DJI) also made a gain of 0.03%. The MSCI's gauge of stocks in 47 countries (.MIWD00000PUS) managed to make a gain of 0.37%. In Europe, the pan-regional STOXX 600 index (.STOXX) made a gain of 0.73%   The American dollar has continuously received support from a myriad of factors. The markets are concerned about the factor of inflation and the continuous war in the Ukraine has extended the benefit to the dollar. Growth of 0.146% was noticed in the dollar index. In Germany, 10-year government bond yields made a gain of 0.1 basis point.   The European stock markets continue to strongly ho...

Major Currencies and Trading Systems in Forex Trading

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The US Dollar has a strong hold on the global foreign currency market. Any other currencies traded on forex is compared to the US Dollar, which serves as the basis or global currency. Almost all currencies are quoted in terms of the US dollar. Currently, the US dollar accounts for around 86 percent of all foreign currency market transactions. Because most commodities (metals, oil, and so on) are traded in US Dollars, any changes in supply and demand for these commodities have a direct influence on the value of the US Dollar. This occurred during the financial crisis of 2008, when oil prices plummeted and the EUR/USD rose to 1.60. The US dollar is regarded as a safe-haven asset. As a result, when economic conditions worsen, investors flock to the dollar. Come to best online currency trading platform !   €-EURO In the FX market, the €-EURO is the 2nd most dominant currency. The Euro, like the US dollar, has widespread worldwide acceptability among members of the Eur...

Concept of Options in FOREX

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  ‘Options’ are used in the FOREX Market to cut down the risks or it can be said that it is one of the tool used to manage the risk. As the risk manager EPL Market is famous among the best online trading sites UAE for its online support, and EPL market which is one of the free online Trading Sites in UAE, has good understanding of the options in currency to apply the position which is unique. When it comes to the English meaning of the word ‘option’ it means the choice, and with EPL market that allows the free online trade UAE , the trader that purchases options have flexibility over the obligations to buy or sell the assets as the premium payment under the specified conditions. The basic concept on which the currency market FOREX works is of buying and selling of the currency done by the investors, and in this FOREX Market with the help of the free online trading Sites in UAE the option of ‘call’ gives right to the trader to buy the asset and the option of ‘put’ allows buyer to...

Why to switch to the Forex market from the stock?

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  Cost effectiveness  When somebody embarks the journey of the business, and if he or she is not from the business family back ground then, the individual has to struggle a lot to hold its feet on the ground because of the many complexities. These complexities are because of the state law of commerce, basic requirements of the business and the personal circumstances, unlike Free Online Trade UAE ELP market is one of the free Online Trading Sites in UAE that helps and mentors the investors with the hassle free services. There is no other business than Forex Market which is cost effective and provides the chance to a common man to become a business man. Even the share market also does not have such cost efficiency.     In Forex trading there is no account deposit charges, zero monthly commissions and trade commissions. While in the stock market there are no such waivers, discover more on ELP Markets one of the best online trading sites UAE.   Long Term a...

Enhance Your Income with Currency Trading Platforms

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The ultimate aim of any business is to make profit. There are many methods through which a businessperson can make money. In the twenty- first century, the entire World has become very small, just like a village. In a matter of hours, you can travel to distant corners and even indulge in trade relations. Currency trading is also one such activity that is purely done with the objective of making profit. One of the major factors that makes currency trading very different from others is the liquidity. Technology is a boon for mankind. With the help of various digital platforms, you can collect necessary information in the real time that can be used for making business related decisions.   Today, there are so many platforms that you can participate in global currencies and commodities markets in a very easy manner. In case you are eager to learn about currency trading UAE , just consult with experts and learn how you can make good fortune from this sphere. Like any business, the ele...

Learn New Methods to Make Money from Online Trading Platforms

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Are you planning to earn money from new methods? There is no dearth of methods and platforms. In the current age, technology has become the lifeline for many business organisations and aspiring businessmen. Now, many investors, businesspersons and growth centric people. Some people are skeptical about online trading but it is a good way to make some money. Instead of depositing all the money in the bank accounts, you should take small risks and make good profits. After all, life is all about trading risks. Today, there are so many platforms that can help you to earn some additional money other than from normal methods. It is a general perception in the entire world that investment is the best method to multiply a money. Also, depositing the money in the bank and earning interest is considered as a safe method. In the last few years, the trend of online commodities trading Dubai has attained some momentum. Now, more and more people are using free online trading sites in UAE to m...

5 Reasons To Try Online Commodities Trading Dubai This 2020

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Commodity trading is the most basic form of trading. In an era where currency was nowhere, it was commodity that was running and ruling the market. With time, various currencies were introduced, many modifications were made; few gained immense popularity while others got lost in the wave of time. However, the only thing that remained the same was demand and supply of various commodities. You can’t deny the fact that you depend on them for living. If you are interested in trading online, you can give online commodities trading Dubai a try and extract awesome benefits offered by it. There are many free online trading sites in UAE that can help you with the same. In this blog, we have discussed 5 reasons to give commodity trading a try this 2020 as it is one of the hottest topics nowadays: #1 Liquidity If you deal with real estate, you cannot sell or buy a property quickly. You have to consider a number of aspects and effects. With online commodities trading Dubai, tha...