By Administrator_ India Capital Sands Bitcoin‘s volatile week-long slide saw it tumble to below the $40,000 mark on Wednesday as news of further restrictions on cryptocurrency transactions in China added to earlier concerns sparked by Tesla boss Elon Musk’s tweets. Bitcoin, the world’s biggest and best-known cryptocurrency, fell about 9% […]
Forex
Dollar Down Over Rising COVID-19 Numbers, Biden Power Transfer Concerns
By Administrator_ India Capital Sands The U.S. Dollar Index Futures that tracks the greenback against a basket of other currencies inched down 0.04% to 92.502 by 10:13 PM ET (2:13 AM GMT). Moderna Inc reported a 94.5% efficacy rate for its candidate mRNA-1273 on Monday on the back of its large, late-stage […]
What is spread & tick (Pips) move and how does it work?
Spread & tick (Pips) is a derivative product, which means you don’t take ownership of the underlying asset but speculate on whichever direction you think its price will move – up or down. If your prediction is correct, you could profit, however if the price moves against you, you would […]