Monthly Archives: March 2023

Tips for Risk Management when trading forex in the Philippines Forex trading presents enticing opportunities for high profits, but it’s important to approach it with proper risk management. Without it, traders may experience significant losses that could hinder their financial goals. In this guide, let’s explore tips for effective risk management when trading forex inContinue Reading

Following the recent collapse of several American regional banks and the Credit Suisse Group AG crisis, investors have begun to recall memories of the 2008 financial crisis. Speculation is rife that major central banks may need to provide liquidity support to financial regulators. As a result, the S&P 500 initially plummeted by over 2%. However,Continue Reading

A Guide to Developing Profitable Strategies in the Philippines Forex trading is a popular investment option in the Philippines and the objective of it is about profitability. While there are no get-rich-schemes in forex, the use of solid strategies may increase the chances of success. Here are some key steps for developing profitable forex tradingContinue Reading

As technology continues to advance at a rapid pace, the world of forex trading is also evolving. One of the most significant innovations in recent years has been the integration of AI into forex trading. In the Philippines, AI is revolutionizing the way traders approach the market. AI has the ability to process data inContinue Reading

Dear Client, Please note that the following instruments’ trading hours will be affected by the upcoming holidays. Note: The dash sign (-) indicates normal trading hours. The above data is for reference only, please refer to the MT4/MT5 software for specific data. If you’d like more information, please don’t hesitate to contact [email protected].

Impact of Silicon Valley Bank’s Collapse on the Philippines According to the governor of Bangko Sentral ng Pilipinas (BSP), Felipe Medalla, Philippine banks have not disclosed any exposure to the recent downfall of Silicon Valley Bank. The primary assets of these banks’ foreign currency deposit units consist of loans, Philippine dollar bonds, and sovereign bondsContinue Reading

US stocks surged in the closing hours of trading on Tuesday, with traders confident that the worst of the banking turmoil was over. The KBW Bank Index gained 3.2% but remained fragile, with rating companies offering negative remarks on the financial sector. The S&P500 regained much of the ground lost earlier in the day, withContinue Reading

The US stock market experienced fluctuations on Monday, marked by oscillations between gains and losses. A sudden drop in the yield on the two-year Treasury note was one of the reasons for this. The drop was significant, its largest in decades. On the other hand, tech stocks rebounded from a previous week’s dip after SiliconContinue Reading

This week, market participants are closely monitoring the release of key economic indicators in the US, including the Consumer Price Index, Producer Price Index, and Retail Sales. The Rate Statement from the European Central Bank is also expected to draw significant attention. These highly anticipated releases have the potential to cause significant fluctuations in theContinue Reading

The US stock market experienced its worst week since September. Silicon Valley Bank’s financial troubles sparked concerns about further distress in the banking industry amid the Federal Reserve’s most-aggressive tightening campaign in a generation. Despite reassurances from experts that a systemic financial crisis is unlikely, investors remained anxious, leading to widespread de-risking. The S&P 500Continue Reading