User blogs
In 2019 Blizzard Launched dedicated servers for World of Warcraft
Classic Thus allowing players to enjoy the Vanilla version of the
MMORPG. Of course, these servers differ from those in Shadowlands.To get
more news about wow classic gold eu, you can visit lootwowgold official website.
The easiest way to find out the status and availability of the WoW Classic servers is Follow Blizzard CS EU FR on Twitter.Better to know the state of World of Warcraft Classic servers Follow the calculation Blizzard CS EU FR On Twitter. This account transfers the hours of maintenance as well as any technical issues in the various versions of World of Warcraft.
As with Shadowlands, the WoW Classic servers are sometimes not available for maintenance or game update reasons, however, it is not impossible for the servers to also be offline for unplanned technical reasons. If no server is available The problem is most likely to come from Blizzard’s side. In order not to be there Nothing players can do Apart from waiting.
However, if the problem persists despite the reported return of servers, it is better Contact the Blizzard Twitter support accountEither by mentioning it or by special message.
The easiest way to find out the status and availability of the WoW Classic servers is Follow Blizzard CS EU FR on Twitter.Better to know the state of World of Warcraft Classic servers Follow the calculation Blizzard CS EU FR On Twitter. This account transfers the hours of maintenance as well as any technical issues in the various versions of World of Warcraft.
As with Shadowlands, the WoW Classic servers are sometimes not available for maintenance or game update reasons, however, it is not impossible for the servers to also be offline for unplanned technical reasons. If no server is available The problem is most likely to come from Blizzard’s side. In order not to be there Nothing players can do Apart from waiting.
However, if the problem persists despite the reported return of servers, it is better Contact the Blizzard Twitter support accountEither by mentioning it or by special message.
The latest volley in that effort comes from Twitter, which on Monday
announced Birdwatch, a pilot project that uses crowdsourcing techniques
to combat falsehoods and misleading statements on its service.To get
more twitter news, you can visit shine news official website.
The pilot, which is open to only about 1,000 select users who can apply to be contributors, will allow people to write notes with corrections and accurate information directly into misleading tweets — a method that has the potential to get quality information to people more quickly than traditional fact-checking. Fact checks that are rated by other contributors as high quality may get bumped up or rewarded with greater visibility.
Birdwatch represents Twitter’s most experimental response to one of the biggest lessons that social media companies drew from the historic events of 2020: that their existing efforts to combat misinformation — including labeling, fact-checking and sometimes removing content — were not enough to prevent falsehoods about a stolen election or the coronavirus from reaching and influencing broad swaths of the population. Researchers who studied enforcement actions by social media companies last year found that fact checks and labels are usually implemented too late, after a post or a tweet has gone viral.
The Birdwatch project — which for the duration of the pilot will function as a separate website — is novel in that it attempts to build new mechanisms into Twitter’s product that foreground fact-checking by its community of 187 million daily users worldwide. Rather than having to comb through replies to tweets to sift through what’s true or false — or having Twitter employees append to a tweet a label providing additional context — users will be able to click on a separate notes folder attached to a tweet where they can see the consensus-driven responses from the community. Twitter will have a team reviewing winning responses to prevent manipulation, though a major question is whether any part of the process will be automated and therefore more easily gamed.Crowdsourcing models are as old as the Internet itself and are most commonly associated with services such as Wikipedia, Quora and Reddit. Each of these services has a model in which community members and administrators debate content and arrive at a conclusion, with the platform taking a limited curation and policing role. While Wikipedia’s crowdsourced model is viewed as having been very effective, Reddit has struggled.
Twitter chief executive Jack Dorsey and Facebook chief executive Mark Zuckerberg have both said they believe that the best remedy for problematic speech is more conversation and dialogue — rather than a censorship model in which content is removed or covered up. The latter tack, which the companies doubled down on during the election and its aftermath, did not make a huge dent in preventing misinformation, and it also pushed many Trump supporters and right-leaning users to smaller, ideologically friendly platforms.
The pilot, which is open to only about 1,000 select users who can apply to be contributors, will allow people to write notes with corrections and accurate information directly into misleading tweets — a method that has the potential to get quality information to people more quickly than traditional fact-checking. Fact checks that are rated by other contributors as high quality may get bumped up or rewarded with greater visibility.
Birdwatch represents Twitter’s most experimental response to one of the biggest lessons that social media companies drew from the historic events of 2020: that their existing efforts to combat misinformation — including labeling, fact-checking and sometimes removing content — were not enough to prevent falsehoods about a stolen election or the coronavirus from reaching and influencing broad swaths of the population. Researchers who studied enforcement actions by social media companies last year found that fact checks and labels are usually implemented too late, after a post or a tweet has gone viral.
The Birdwatch project — which for the duration of the pilot will function as a separate website — is novel in that it attempts to build new mechanisms into Twitter’s product that foreground fact-checking by its community of 187 million daily users worldwide. Rather than having to comb through replies to tweets to sift through what’s true or false — or having Twitter employees append to a tweet a label providing additional context — users will be able to click on a separate notes folder attached to a tweet where they can see the consensus-driven responses from the community. Twitter will have a team reviewing winning responses to prevent manipulation, though a major question is whether any part of the process will be automated and therefore more easily gamed.Crowdsourcing models are as old as the Internet itself and are most commonly associated with services such as Wikipedia, Quora and Reddit. Each of these services has a model in which community members and administrators debate content and arrive at a conclusion, with the platform taking a limited curation and policing role. While Wikipedia’s crowdsourced model is viewed as having been very effective, Reddit has struggled.
Twitter chief executive Jack Dorsey and Facebook chief executive Mark Zuckerberg have both said they believe that the best remedy for problematic speech is more conversation and dialogue — rather than a censorship model in which content is removed or covered up. The latter tack, which the companies doubled down on during the election and its aftermath, did not make a huge dent in preventing misinformation, and it also pushed many Trump supporters and right-leaning users to smaller, ideologically friendly platforms.
The increasing regulatory scrutiny of Alibaba-affiliate and financial
technology powerhouse Ant Group could be bad for the Chinese economy as
well as China’s financial technology sector, says Andrew Collier,
managing director of Orient Capital Research.The highly-anticipated
listing of Chinese tech giant Ant Group — which was set to be the
world’s largest initial public offering — was abruptly suspended in
November.To get more news about ant finance, you can visit shine news official website.
It came shortly after Ant’s controller Jack Ma and other executives at the firm were interviewed by Chinese authorities over regulatory concerns.“It is true that when Jack Ma gave his terrible speech ... that annoyed a lot of senior politicians, I thought that was gonna be kind of a one-off thing,” Collier told CNBC’s “Squawk Box Asia” on Tuesday.
He was referring to the Chinese billionaire’s speech in late October where he reportedly appeared to criticize regulators during a controversial speech. Ma is the founder of Chinese e-commerce giant Alibaba, which owns a roughly 33% stake in Ant Group.Days later, Ant’s dual-listing in both Shanghai and Hong Kong was suddenly suspended, sending shares of Alibaba plunging.
“Clearly, this was an excuse by the leadership and probably the state banks to crack down on the entire fintech … sector,” Collier said. “Part of this is legitimate because of concerns about, you know, the possibility … of a financial crisis. But they already had clipped the wings of Ant Financial in quite serious ways.”The troubles for both Alibaba and Ant have only grown since, with Chinese authorities announcing an anti-monopoly probe into the e-commerce titan last week. Chinese regulators also recently ordered Ant Group to rectify its businesses.
Those developments resulted in Alibaba’s Hong Kong-listed stock suffering yet another drop — with more than 831 billion Hong Kong dollars (approx. $107 billion) of its market cap was wiped out in just two sessions, based on CNBC’s calculations.
Collier said the regulatory scrutiny surrounding Ant was likely both centered around a desire to protect the Chinese consumer, as well as politics.“Initially I kind of believed the line that the (People’s Bank of China) was trying to protect the consumer,” the analyst said, citing past challenges in the peer-to-peer lending space.
“Now, since they’re getting so serious and they’re coming up with new allegations and telling them to reduce large areas of their business, it’s clear it’s partly a political aim at reducing the size of these companies so they don’t have significant market share and threaten the existence of the state system,” he added.
It came shortly after Ant’s controller Jack Ma and other executives at the firm were interviewed by Chinese authorities over regulatory concerns.“It is true that when Jack Ma gave his terrible speech ... that annoyed a lot of senior politicians, I thought that was gonna be kind of a one-off thing,” Collier told CNBC’s “Squawk Box Asia” on Tuesday.
He was referring to the Chinese billionaire’s speech in late October where he reportedly appeared to criticize regulators during a controversial speech. Ma is the founder of Chinese e-commerce giant Alibaba, which owns a roughly 33% stake in Ant Group.Days later, Ant’s dual-listing in both Shanghai and Hong Kong was suddenly suspended, sending shares of Alibaba plunging.
“Clearly, this was an excuse by the leadership and probably the state banks to crack down on the entire fintech … sector,” Collier said. “Part of this is legitimate because of concerns about, you know, the possibility … of a financial crisis. But they already had clipped the wings of Ant Financial in quite serious ways.”The troubles for both Alibaba and Ant have only grown since, with Chinese authorities announcing an anti-monopoly probe into the e-commerce titan last week. Chinese regulators also recently ordered Ant Group to rectify its businesses.
Those developments resulted in Alibaba’s Hong Kong-listed stock suffering yet another drop — with more than 831 billion Hong Kong dollars (approx. $107 billion) of its market cap was wiped out in just two sessions, based on CNBC’s calculations.
Collier said the regulatory scrutiny surrounding Ant was likely both centered around a desire to protect the Chinese consumer, as well as politics.“Initially I kind of believed the line that the (People’s Bank of China) was trying to protect the consumer,” the analyst said, citing past challenges in the peer-to-peer lending space.
“Now, since they’re getting so serious and they’re coming up with new allegations and telling them to reduce large areas of their business, it’s clear it’s partly a political aim at reducing the size of these companies so they don’t have significant market share and threaten the existence of the state system,” he added.
Onyxia kills in WoW Classic less than one week after launch
Apes have now downed another end-game boss – Onyxia – just a few hours after killing Ragnaros as outlined below.Straight after clearing Molten Core, they proceeded to the dungeon Upper Blackrock Spire to gain attunement to Onyxia’s Lair.To get more news about buy wow gold shadowlands, you can visit lootwowgold official website.
There, they used a lot of dwarf priests, warriors and mages to down the dragon (after wiping just once) and secure the WoW Classic world-first.It looks like Ragnaros, the end boss of World of Warcraft’s Molten Core raid, has already been defeated in less than a week of WoW Classic launching.
An Alliance guild on EU PVP server Gehennas called Apes apparently killed Ragnaros in the early hours of Sunday September 1st in WoW Classic, becoming the first guild in the world to do so.
The news comes a few days after a gnome mage player from Malta, known as Jokerd, became the first to reach the level cap in WoW Classic (level 60). He is not a member of Apes.
Earlier in August, UK-based esports organisation Method laid out their plans to secure some world-firsts in WoW Classic, but they’ve been pipped to the post by Apes in Molten Core.Some members of the WoW community say the kill has been faked, and it does seem a stretch for Apes to have gone from around level 50 two days ago to not only level 60, but being attuned to Molten Core with all the gear needed to progress through the raid. Most of the raid was not streamed.
But, it’s also worth remembering that WoW is 15 years old. And Apes are an experienced private server guild. They know how to level fast, arguably more so than Method, who’s specialty is securing world-firsts in retail WoW, not rushing through Classic.
In Molten Core, Apes ran the raid with three tanks (one main tank and two DPS specs), six paladins and six priests (making up 12 healers) and the rest DPS.
Wowhead reports that a lot of warriors and mages were in the final raid, with three warlocks for the final kill and just one hunter in the raid. Oddly, they don’t seem to have any human characters in their guild, opting instead mainly for gnomes and dwarves, with a few night elves.
Apes denied any deception and claimed they just stayed awake to progress as quickly as possible through to level 60. Apes also said on stream the WoW Classic raid was ‘undertuned compared to private servers’.
Apes have now downed another end-game boss – Onyxia – just a few hours after killing Ragnaros as outlined below.Straight after clearing Molten Core, they proceeded to the dungeon Upper Blackrock Spire to gain attunement to Onyxia’s Lair.To get more news about buy wow gold shadowlands, you can visit lootwowgold official website.
There, they used a lot of dwarf priests, warriors and mages to down the dragon (after wiping just once) and secure the WoW Classic world-first.It looks like Ragnaros, the end boss of World of Warcraft’s Molten Core raid, has already been defeated in less than a week of WoW Classic launching.
An Alliance guild on EU PVP server Gehennas called Apes apparently killed Ragnaros in the early hours of Sunday September 1st in WoW Classic, becoming the first guild in the world to do so.
The news comes a few days after a gnome mage player from Malta, known as Jokerd, became the first to reach the level cap in WoW Classic (level 60). He is not a member of Apes.
Earlier in August, UK-based esports organisation Method laid out their plans to secure some world-firsts in WoW Classic, but they’ve been pipped to the post by Apes in Molten Core.Some members of the WoW community say the kill has been faked, and it does seem a stretch for Apes to have gone from around level 50 two days ago to not only level 60, but being attuned to Molten Core with all the gear needed to progress through the raid. Most of the raid was not streamed.
But, it’s also worth remembering that WoW is 15 years old. And Apes are an experienced private server guild. They know how to level fast, arguably more so than Method, who’s specialty is securing world-firsts in retail WoW, not rushing through Classic.
In Molten Core, Apes ran the raid with three tanks (one main tank and two DPS specs), six paladins and six priests (making up 12 healers) and the rest DPS.
Wowhead reports that a lot of warriors and mages were in the final raid, with three warlocks for the final kill and just one hunter in the raid. Oddly, they don’t seem to have any human characters in their guild, opting instead mainly for gnomes and dwarves, with a few night elves.
Apes denied any deception and claimed they just stayed awake to progress as quickly as possible through to level 60. Apes also said on stream the WoW Classic raid was ‘undertuned compared to private servers’.
With World of Warcraft Classic out in the wild, players are looking
ahead to what's next from the massively multiplayer online game,
especially after the recent phase six content patch for the classic
version. The likely candidate for the next major WoW Classic release? A
reboot of the game's first expansion pack, 2007's The Burning Crusade.
To get more news about safe wow gold, you can visit lootwowgold official website.
With this year's BlizzCon set to take place as a virtual event next month, it's almost time to see whether Blizzard will unveil a new installment of WoW Classic content at last. That would let players experience the next expansion much quicker than subscribers did back when there were three years between releases.
There isn't any concrete information about when or what fans should expect in terms of WoW Classic's next expansion, but we've gathered everything we currently know right here. That includes rumors, tidbits and everything else you should keep in mind ahead of a potential announcement from Blizzard. Here's everything we're looking to see from the relaunch of the WoW Classic expansion, The Burning Crusade.
There’s no official word on when or if World of Warcraft: Classic: The Burning Crusade will hit digital shelves. But logic dictates that if the main swath of World of Warcraft content gets the re-release treatment, the rest of the game's early expansions will as well — or at least the ones ahead of Cataclysm's drastic alterations to Azeroth. Given that the latest round of updates brought the game up to the final vanilla raid with Naxxramas, it’s only natural to expect to be able to continue the story the same way players did originally.
Some WoW fans would prefer to only have the default WoW Classic content to navigate, while at the same time, there are others who long to try out The Burning Crusade for the first time, or to relive their journeys through the expansion. Blizzard has previously gauged interest by way of surveys to see if players want to play through new content, or if they want to leave the game the way it is for the time being. There's the possibility that the expansion may only exist in dedicated services for The Burning Crusade, or offered by way of several different options to cater to various players’ preferences.
Though there hasn't been any official information from Blizzard about the expansion, there have been rumblings about a potential summer launch. World of Warcraft streamer "StaySafe" has indicated by way of "multiple sources" (via Wccftech) that The Burning Crusade could be released in some iteration by May 4.
With this year's BlizzCon set to take place as a virtual event next month, it's almost time to see whether Blizzard will unveil a new installment of WoW Classic content at last. That would let players experience the next expansion much quicker than subscribers did back when there were three years between releases.
There isn't any concrete information about when or what fans should expect in terms of WoW Classic's next expansion, but we've gathered everything we currently know right here. That includes rumors, tidbits and everything else you should keep in mind ahead of a potential announcement from Blizzard. Here's everything we're looking to see from the relaunch of the WoW Classic expansion, The Burning Crusade.
There’s no official word on when or if World of Warcraft: Classic: The Burning Crusade will hit digital shelves. But logic dictates that if the main swath of World of Warcraft content gets the re-release treatment, the rest of the game's early expansions will as well — or at least the ones ahead of Cataclysm's drastic alterations to Azeroth. Given that the latest round of updates brought the game up to the final vanilla raid with Naxxramas, it’s only natural to expect to be able to continue the story the same way players did originally.
Some WoW fans would prefer to only have the default WoW Classic content to navigate, while at the same time, there are others who long to try out The Burning Crusade for the first time, or to relive their journeys through the expansion. Blizzard has previously gauged interest by way of surveys to see if players want to play through new content, or if they want to leave the game the way it is for the time being. There's the possibility that the expansion may only exist in dedicated services for The Burning Crusade, or offered by way of several different options to cater to various players’ preferences.
Though there hasn't been any official information from Blizzard about the expansion, there have been rumblings about a potential summer launch. World of Warcraft streamer "StaySafe" has indicated by way of "multiple sources" (via Wccftech) that The Burning Crusade could be released in some iteration by May 4.
1. UK's FCA warns crypto investors to prepare to lose everything.
The warning comes after a day of high volatility on the crypto markets,
when some 200 billion USD were wiped out of the combined value of all
digital currencies.To get more news about WikiFX, you can visit wikifx official website.
2. Saxo Bank reports flat FX volumes in December 2020. Saxo Bank‘s ADV metric nearly halved from the year’s peak set earlier in March at $11.3 billion.
3. Ministry of Trade through Commodity Futures Trading Supervisory Agency (Bappebti) issues Commodity Futures Trading Supervisory Agency Regulation Number 7 concerning the determination of crypto assets that can be traded in the physical crypto asset market. The regulation started to work on December 17, 2020. “With the issuance of the regulation, it is hoped that physical trading of crypto assets in Indonesia will be able to provide legal certainty as well as protection for those who transact physical crypto assets in Indonesia,” explained the Head of Bappebti.
4. NAGA Group announced preliminary numbers for the previous year today and mentioned that the German-based company has recorded total sales of €25.9 million in 2020. NAGA Group also expects the recent growth to continue in 2021 as the company mentioned the sales guidance of €50 million – €52 million in 2021.
5. FCA-regulated OANDA Europe Limited has published its annual financial results for 2019, showing a 20 percent decrease in revenue. The OANDA UK company also turned a net loss of $3.55 million from the previous years £823,962 gain.
6. Below is the data of Over-The-Counter retail FX margin trading / Required amount for Japanese brokerages separate management (deposit amount information).
2. Saxo Bank reports flat FX volumes in December 2020. Saxo Bank‘s ADV metric nearly halved from the year’s peak set earlier in March at $11.3 billion.
3. Ministry of Trade through Commodity Futures Trading Supervisory Agency (Bappebti) issues Commodity Futures Trading Supervisory Agency Regulation Number 7 concerning the determination of crypto assets that can be traded in the physical crypto asset market. The regulation started to work on December 17, 2020. “With the issuance of the regulation, it is hoped that physical trading of crypto assets in Indonesia will be able to provide legal certainty as well as protection for those who transact physical crypto assets in Indonesia,” explained the Head of Bappebti.
4. NAGA Group announced preliminary numbers for the previous year today and mentioned that the German-based company has recorded total sales of €25.9 million in 2020. NAGA Group also expects the recent growth to continue in 2021 as the company mentioned the sales guidance of €50 million – €52 million in 2021.
5. FCA-regulated OANDA Europe Limited has published its annual financial results for 2019, showing a 20 percent decrease in revenue. The OANDA UK company also turned a net loss of $3.55 million from the previous years £823,962 gain.
6. Below is the data of Over-The-Counter retail FX margin trading / Required amount for Japanese brokerages separate management (deposit amount information).
EUR/USD takes offers near 1.2065, down 0.10% intraday. In doing so, the
currency pair drops to the fresh low since early December 2020 while
stretching Fridays downside break of 50-day SMA.To get more news about WikiFX, you can visit wikifx official website.
In addition to the successful break below 50-day SMA, descending RSI line, which is far from oversold conditions, also back the EUR/USD bears in attacking 38.2% Fibonacci retracement of an upside from November 2020 to the monthly high.
During the EUR/USD upside beyond 1.2130, the previous months top near 1.2310 and the monthly peak surrounding 1.2350 can lure the bulls.
Gold prices inched higher on Tuesday after hitting a 1-1/2-month low in the previous session, as hopes of further global stimulus to stem the economic toll from the COVID-19 pandemic countered a firmer dollar.
FUNDAMENTALS
Spot gold rose 0.1% to $1,838.51 per ounce by 0039 GMT. On Monday, prices had dipped to their lowest since Dec. 2 at $1,809.90. U.S. gold futures GCv1 gained 0.4% to $1,836.50.
The U.S. dollar hit a four-week high against rival currencies in the previous session.
In addition to the successful break below 50-day SMA, descending RSI line, which is far from oversold conditions, also back the EUR/USD bears in attacking 38.2% Fibonacci retracement of an upside from November 2020 to the monthly high.
During the EUR/USD upside beyond 1.2130, the previous months top near 1.2310 and the monthly peak surrounding 1.2350 can lure the bulls.
Gold prices inched higher on Tuesday after hitting a 1-1/2-month low in the previous session, as hopes of further global stimulus to stem the economic toll from the COVID-19 pandemic countered a firmer dollar.
FUNDAMENTALS
Spot gold rose 0.1% to $1,838.51 per ounce by 0039 GMT. On Monday, prices had dipped to their lowest since Dec. 2 at $1,809.90. U.S. gold futures GCv1 gained 0.4% to $1,836.50.
The U.S. dollar hit a four-week high against rival currencies in the previous session.
EUR/USD takes offers near 1.2065, down 0.10% intraday. In doing so, the
currency pair drops to the fresh low since early December 2020 while
stretching Fridays downside break of 50-day SMA.To get more news about WikiFX, you can visit wikifx official website.
In addition to the successful break below 50-day SMA, descending RSI line, which is far from oversold conditions, also back the EUR/USD bears in attacking 38.2% Fibonacci retracement of an upside from November 2020 to the monthly high.
During the EUR/USD upside beyond 1.2130, the previous months top near 1.2310 and the monthly peak surrounding 1.2350 can lure the bulls.
Gold prices inched higher on Tuesday after hitting a 1-1/2-month low in the previous session, as hopes of further global stimulus to stem the economic toll from the COVID-19 pandemic countered a firmer dollar.
FUNDAMENTALS
Spot gold rose 0.1% to $1,838.51 per ounce by 0039 GMT. On Monday, prices had dipped to their lowest since Dec. 2 at $1,809.90. U.S. gold futures GCv1 gained 0.4% to $1,836.50.
The U.S. dollar hit a four-week high against rival currencies in the previous session.
In addition to the successful break below 50-day SMA, descending RSI line, which is far from oversold conditions, also back the EUR/USD bears in attacking 38.2% Fibonacci retracement of an upside from November 2020 to the monthly high.
During the EUR/USD upside beyond 1.2130, the previous months top near 1.2310 and the monthly peak surrounding 1.2350 can lure the bulls.
Gold prices inched higher on Tuesday after hitting a 1-1/2-month low in the previous session, as hopes of further global stimulus to stem the economic toll from the COVID-19 pandemic countered a firmer dollar.
FUNDAMENTALS
Spot gold rose 0.1% to $1,838.51 per ounce by 0039 GMT. On Monday, prices had dipped to their lowest since Dec. 2 at $1,809.90. U.S. gold futures GCv1 gained 0.4% to $1,836.50.
The U.S. dollar hit a four-week high against rival currencies in the previous session.
Gold this week opened the Asian session with deepened losses, recording a
fresh intraday low of $1,818.70/ounce. The decline is mainly attributed
to the dollar's rally.To get more news about WikiFX, you can visit wikifx official website.
President-elect Joe Biden recently revealed a $1.9 trillion package titled American Rescue Plan, which included provisions delivering aid to American families, businesses and communities, and focused on vaccine production and delivery.
The DXY, instead of shrinking, jumped to 90.76 on Biden's plan, deepening the losses in gold prices. The market has long geared up for the stimulus plan that comes belatedly after months of negotiations. Such numbness to predictable risks is the source of the enduring pressures on gold.
Retail sales declined by 0.7% in December, said the US Commerce Department. Demands for haven currencies have been increasing amid the economic impacts of the current pandemic. Thus the DXY is expected to gain 0.7% this week, compared to the earlier 0.50% growth.
“The market is sorting through the fallout of stimulus, inflation worries, and a US dollar rebound. It will take some time before gold starts to climb again,” said Market strategist Adam Button.
“We could go down below $1,800 if the US dollar index keeps going up,” said Market strategist Phillip Streible.
Use WikiFX (bit.ly/wikifxIN) to discern market trends, capture trading opportunities and make more profits.
President-elect Joe Biden recently revealed a $1.9 trillion package titled American Rescue Plan, which included provisions delivering aid to American families, businesses and communities, and focused on vaccine production and delivery.
The DXY, instead of shrinking, jumped to 90.76 on Biden's plan, deepening the losses in gold prices. The market has long geared up for the stimulus plan that comes belatedly after months of negotiations. Such numbness to predictable risks is the source of the enduring pressures on gold.
Retail sales declined by 0.7% in December, said the US Commerce Department. Demands for haven currencies have been increasing amid the economic impacts of the current pandemic. Thus the DXY is expected to gain 0.7% this week, compared to the earlier 0.50% growth.
“The market is sorting through the fallout of stimulus, inflation worries, and a US dollar rebound. It will take some time before gold starts to climb again,” said Market strategist Adam Button.
“We could go down below $1,800 if the US dollar index keeps going up,” said Market strategist Phillip Streible.
Use WikiFX (bit.ly/wikifxIN) to discern market trends, capture trading opportunities and make more profits.
Forex trading is increasingly popular among investors for its easy
operation and low risks. In this paper, WikiFX will explain how the
forex market puts traders into profits from two aspects.To get more news
about WikiFX, you can visit wikifx official website.
1. Risks of the forex market
In the international forex market, the daily volatility of the exchange rate could range from 0.5% to 1%. In the case of high trading volumes, the volatility could reach more than 5%. The market involves risks but also presents opportunities to earn high profits.
The risks, however, could be preset accordingly. For instance, one can set a stop loss before trading. Once you have lost the predetermined amount, the stop loss will trigger and automatically close your position.
2. Functions of the forex market
Hedging forex risks: Traders can enter into a forward exchange contract with the bank to avoid the losses that may incur due to currency fluctuations. Based on the contract time, traders could sell that currency forward to protect themselves from unexpected or adverse movements in the currencies' future spot rates.
Facilitating central banks intervention: In order to maintain the fixed exchange rates, central banks would control the volatile short-term capital flows by buying/selling the surging/plunging currencies, which is favorable for investors.
Download WikiFX (bit.ly/wikifxIN) to get lessons from experts who have traded forex for over 20 years.
1. Risks of the forex market
In the international forex market, the daily volatility of the exchange rate could range from 0.5% to 1%. In the case of high trading volumes, the volatility could reach more than 5%. The market involves risks but also presents opportunities to earn high profits.
The risks, however, could be preset accordingly. For instance, one can set a stop loss before trading. Once you have lost the predetermined amount, the stop loss will trigger and automatically close your position.
2. Functions of the forex market
Hedging forex risks: Traders can enter into a forward exchange contract with the bank to avoid the losses that may incur due to currency fluctuations. Based on the contract time, traders could sell that currency forward to protect themselves from unexpected or adverse movements in the currencies' future spot rates.
Facilitating central banks intervention: In order to maintain the fixed exchange rates, central banks would control the volatile short-term capital flows by buying/selling the surging/plunging currencies, which is favorable for investors.
Download WikiFX (bit.ly/wikifxIN) to get lessons from experts who have traded forex for over 20 years.