With advancements in technology, almost every industry has gone digital. Today, online casinos have become the go-to place for punters in the digital space, with almost every operator looking for ways to improve the experience in this highly competitive market.

That includes giving them attractive bonuses and promotions, immersive live casino games, mobile gaming, and other innovations. As such, online casinos have proven to offer various benefits to gambling enthusiasts, including:

Availability of Bonuses & Promotions

To attract more players and get their customers to regularly visit their gambling platforms, online casino operators offer various bonuses and promotions to them.

For instance, players can visit GO and check the incentives for creating betting accounts on their platforms. That gives them enough bankroll to get a taste of what a platform has to offer, even before spending their money.

Online Casinos Match Your Schedule

Unlike land-based casinos where most table games run according to a preset schedule, online gambling platforms will always match the player’s schedule.

You can access the casino games at any time or pause your game to attend to different daily chores. Additionally, online casino games are a great pastime during your break after long hours at the office, making them highly flexible for players to multitask.

Global Access

Global access to online casinos is one of the greatest advantages of wagering on the internet. That means punters can place bets from anywhere in the world, even from jurisdictions that don’t license casino operators.

That has been made possible by the availability of cross-border payment platforms that allow you to deposit your wager from anywhere in the world. Additionally, players can gamble from any device.

Minimizes Pressure

Online casinos offer players the privacy they need to gamble, minimizing their pressure when playing games.

That is achieved by reducing the waiting time when playing and there’s no crowd surrounding you when playing. Additionally, you don’t need to share your hand with other players or wait for them to finish playing to take your turn.

Wide Variety of Games

While land-based casinos have a considerable amount of floor space with various games, they suffer from physical constraints and can’t host every casino game available.

However, online casinos don’t have a space problem. As such, they’re able to host as many games as possible, thereby serving a wide range of gamblers.

Players can find most games available in land-based casinos online, plus a variety of other innovative titles. You can choose between classic titles like poker, blackjack, craps, Baccarat, and roulette or modern slots, esports and sports betting.

Considering diving right into the Sea of financial industry known as Foreign exchange or Forex?

Well, before that, " Are you really prepared to face the most volatile market head-on? " Ask yourself that!

To be frank, one of the major factors which we ignore most of the time is "prioritizing our own perspective," and which obviously pays us back in the long run.

Knowing ourselves should be our primary objective and that does not only bind to online forex trading except it also implies in our day-to-day life.

So, before anything, "Knowing yourself" should be your GO-TO. Now, let's move on to today's topic which deals with the term" know yourself and its effects on trading".

KNOWING YOURSELF IS MORE IMPORTANT THAN KNOWING THE MARKET

And, to be honest, while trading is one of the prime aspects that should not be neglected at any cost.

So, if we ask you, "How do you really know yourself?" What will be your initial comeback to this?

And...don't feel pressurized yet.

We don't know about you but as per Aristotle, "Knowing yourself is the beginning of all wisdom". And that's not it! Famous public figures like Carl Jung also quoted that,

“The privilege of a lifetime is to be who you truly are.”

Did you get the significance of understanding yourself?

BETTER!

Despite all of this, you may start to wonder, " How can I really know myself, you're kidding right ?" Let's face it! Anyone will think of this as similar to what you're viewing and which is totally justified.

In order to know yourself well, you can take several steps. Any BRIGHT ideas?

No worries! If you don't come up with anything at this moment, we got you. I mean, that's what we do! Help you in certain ways so that you don't get stuck anywhere in your online forex trading career.

P.S: [/b]In case you’re drowning in the Foreign exchange industry while searching for a trading broker to pull you up then [b]AssetsFX [/b]might be the IDEAL choice for you!

Bearing that in mind we're gonna breakdown some of the most EFFECTIVE steps that will help you master yourself as well as sharpen your trading senses.

So that being said, let's dive right in,

But before bragging all about the psychological facts and myths used in trading, how about highlighting some of the basic steps which can lead you to know yourself BETTER.

Why is that?

Because trading is mostly a profession. So, before knowing the things about your profession, you should rather know yourself completely and in that way, you'll find self-confidence along with a better overview of yourself. In order to attain that, you can follow the ABSOLUTE steps stated below:

[b]TAKE SOME TIME AND "BE QUIET"

We really can't deny the fact that while we stay quiet and think something through, it becomes quite easier. And that's not even a CAP! As it's often considered a universal truth.

So, what you've to do is, give yourself some time and ask yourself stuff before actually doing them though it might get uncomfortable sometimes because you're probably alone at that time but trust us, it works like MIRACLE!

And you'll find that against all the odds you're being true to yourself and that counts BIG TIME. And exactly at that moment, you'll be able to discover the true self of yours which is hiding DEEP inside you.

FOCUS ON WHO YOU ARE RATHER THAN WHO YOU WANT TO BE

Let's face it!

Ask anyone out there, "what do you want to be?" And guess what?

98% of the people will give you a fancy answer and when you're done, ask them, "who you truly are?" it will be an odd silence, nothing more, nothing less. Believe it or not, that's the BITTER truth.

Because nowadays, no one really focuses on who they are. Instead, they want to become someone else, and that's the root of self-confidence issues.

Remember that, in this ever-evolving cruel world, no one is really perfect as everyone lacks certain things, but that doesn't mean that you won't discover yourself fully. Instead of becoming someone else, find more about yourself, evaluate the chances and take proper actions.

As per, our friendly neighborhood Spiderman (Peter Parker),

Everything starts from a leap of faith!

So, it's high time, take the leap now cause it's now or never!

DISCOVER YOUR COMFORT ZONE AND DISCOMFORT ZONE

Finding out certain things, such as what you're good at as well as not good at is one of the most crucial initiatives which performs a HUGE impact on your way to knowing yourself BETTER.

Though it'll probably take quite a long time or sometimes more than expected for you to find out in which things you're good at or passionate about and in which things you're not.

As an example, while performing this process you'll discover certain things which will give you comfort along with confidence and make you think," Yes, I can do this". And at that point, you'll know that the procedure which you were undergoing was successful.

But wait, there's more!

While exploring yourself, you'll also come across several things which will at first trouble or bore you but after doing a few attempts, you'll become fond of them eventually and online forex trading is one of them.

That's why Yvan Byeajee stated that:

“Focus, patience, wise discernment, non-attachment —the skills you acquire in meditation and the skills you need to thrive in trading are one and the same.”

So, these are the steps that can help you to know yourself even better than ever but while trading the approach usually varies from the ones stated above.

Let’s dive right into them, shall we?

FIGHT THE FEAR

As per many trading associate publications and surveys, almost 95% of the traders face a common feeling, which is obviously the fear of losing money. So, how's it connected to knowing yourself?

Well, while trading, knowing yourself is more crucial as well as significant than knowing the market.

While trading asks yourself first if you can really pull this one up or what'll be your approach if you lose money, i.e.

Finally, if you find your inner confidence that you can accomplish this trade for better, then open that trade not before.

Trading psychology holds quite a significance in order to trade better. That's why it might be wise to interact with experienced market traders to know about their ADRENALINE.

If you can find that out, it'll be a lot easier for you to fight the fear of losing your capital unless you won't be able to trade comfortably.

If you still face hesitation, check out several Forex forums to get a better disclosure. Besides, BabyPips might be the ULTIMATE destination for this approach as they have a dedicated category for trading psychology only.

See that? Tell us it’s not fascinating!

DON'T CHASE THE RABBIT INSTEAD START THINKING

Chasing the rabbit is one of the terms which has the ability to express a significant meaning, and in this context, it means don't chase after money, instead evolve your trading method. As a reason, Alexander Elder stated that,

The goal of a successful trader is to make the best trades. Money is secondary!

Did you get the point?

It's okay to think about winning the trades, but at the same time, you should always be prepared for the worst-case scenario.

The online marketplace is more volatile than ever, which means there's a pretty good chance that you might lose all your money. Therefore, a proper mindset is needed in order to trade in the online trading market.

As per David Sikhosana,

“Losses are necessary, as long as they are associated with a technique to help you learn from them.”
It's no doubt that the market will test your emotion in every way possible but the real question is, "Do you have what it takes to get back up against all the odds?".

If yes, then welcome to the online trading sphere. You'll be able to survive here in the long run despite all the difficulties you’ll face.

RID FROM ALL THE DISBELIEFS

There are often certain traders who possess various disbeliefs both in their personal and professional lives. And as far as we know, online trading is mainly part of one's professional life.

Now, let's move onto the main point, while trading you should always try to get rid of all the negative beliefs which you have as it can often conflict into much more of an issue and can turn against you.

Besides, these conflict beliefs usually inherit from families, and that too most of the time. But on some occasions, society also produces certain impacts which later on leads to several disbeliefs.

And trust us, if you're a victim of conflicting beliefs then you should work on that ASAP unless you won't be able to go through the HEAT of the online trading sphere.

You're getting it, right?

AT A GLANCE:

As we've come to an end to today's discussion, let's summarize the key takeaways once more. They simply go like this:

Take some time and "BE QUIET": It's always a wise decision to give everything a PAUSE and think the stuff through. So, do that!

Focus On Who You Are Rather Than Who You Want To Be: Always give top priority to becoming yourself first instead of becoming someone else. It'll pay off!
Discover Your Comfort Zone And Discomfort Zone: Point out the things which you're passionate about along with the things you don't like. You'll get a BRIGHT idea about yourself!

Fight The Fear: Having any sort of fear or phobias won't let you fly freely in this financial sphere. Try to get rid of them!

Don't Chase The Rabbit Instead Start Thinking: History has deliberately proven that chasing after money is not the solution. There are other possibilities, explore them!

Rid From All The Disbeliefs: In this modern and evolved civilization, there is no place for disbelief. The faster you get rid of them, you'll succeed!

Lastly, let’s hope that you’ll find these contexts helpful along with applying them in your day-to-day life (on and off trading). That being said, we're putting it to a conclusion.

Hi! Thanks for sharing these! Anyways, Trading in the Forex market can also be a good idea, right? For those who don't know what Forex trading is, you can google it as it's the world's biggest and most volatile liquid market. Also, if you are looking for online brokers, then I'll suggest you use AssetsFX since I personally use it.

Intraday trading, often known as day trading, is where a person buys and sells financial assets such as stocks and shares on the same day. Even if intraday trading is a risky way to invest your money, you may profit if you trade with caution and techniques.

Intraday trading is a dangerous and unique technique to invest your money compared to traditional stock market investment.

This blog will cover the different intraday trading strategies and tricks that beginners should learn. Consider these tactics essential because there are other aspects to consider before beginning to trade.

Advice For Intraday Traders Must Follow:

Intraday traders must do their research and take it seriously; It should not be considered a hobby.

It is nothing less than a job that needs your full attention and focus.
Traders should never let their emotions get in the way. Now We'll Take A Look At 10 Intraday Trading Strategies:

Momentum Trading Strategy

The stock market changes every second, and this method is based on taking advantage of that Momentum.

Before a significant market movement occurs, we must follow the appropriate stock. Stocks are chosen based on current headlines, mergers and acquisitions, profits, and other factors. Traders use this fluctuation to purchase and sell assets.

The price of a company might fluctuate due to various external reasons, so investors must keep up with the latest news on the equities they're tracking. The stock's market momentum determines the investor's holding period.

Breakout Strategy

When purchasing and selling shares on the same day, precise timing is critical. The intraday trading method entails following a stock that has broken out of its normal trading range.

A trader uses this approach to join the market when the stock's price rises over its resistance and support levels.

Breakouts need immediate entry and exit from the market with little time to waste. This is a significant risk since nothing will be left to buy following the getaway. Traders determine the breakout price level and then wait for it to happen.

Reversal Strategy

This trading method is more complicated than the others since it includes a significant level of risk. Investing decisions are made here against market tendencies but based on analysis and calculations.

Traders are on the lookout for equities trading at extreme lows and highs. These stocks have a decent possibility of reversing their trend.

The transaction is performed when the reverse value comes to the deal's limit. When security moves backward, a stop is signaled. The traders then wait for the stock to reach its maximum range of movement.

Scalping Strategy

This strategy makes money by exploiting slight price movements. It's a frequent intraday trading strategy for buying and selling commodities.

Traders that participate in high-frequency trading employ this strategy. The primary and technological setup are of little importance in this scenario.

Traders who use this strategy should select both liquid and volatile equities. It's also crucial to set a stop loss. This is a well-known Forex trading strategy.

Moving Average Crossover Strategy

Another excellent intraday trading strategy is the moving average crossover strategy. When the price of a stock or other financial instrument rises above or below the moving average, Momentum has changed.

An [Uptrend] occurs when the price of a stock rises above its moving average. On the other hand, a downtrend is defined as a downward movement in stock prices.

Traders are advised to adopt a long position and buy equities if the market is on an uptrend. Traders initiate short positions and sell their shares when the market is in a downtrend.

Gap And Go Strategy

This strategy includes locating equities with no pre-market activity. Gapers are areas on a stock market chart when no trades have been performed.

Earnings, takeover announcements, further rise, and other causes can contribute to the disparities. During market opening hours, these gaps are prevalent.

Traders that use this strategy find these equities and buy them in the hopes of bridging the gap before the closing bell.

Pivot Pivots Trading Strategy

The pivot point trading strategy is often called the trader's best friend when it comes to pinpointing levels to generate a preference, place ends, and pinpoint possible profit benchmarks for trade, especially that's what FX Sources [/b]has to say.

Traders use pivot points both on commodity and stock exchanges. It is calculated relying on the prior trading sessions' highs, lows, and close prices and predicts support and resistance levels in the current or upcoming session.

Traders can use support and resistance levels to determine entry and exit points to stop losses and profit-taking.

Traders use pivot points inequity and entity interactions. They're estimated based on the heightened, downward, and closing prices of earlier trade sessions, and they're used to forecast help and resistance levels in the present or forthcoming session.

Traders can use these support and antagonism ranks to decide entry and exit points for stop-losses and profit-taking.

[b]Pullback Trading Strategy

Traders who use this strategy search for a situation where a long-term trend is being pushed in the other direction. While following the trend, this strategy keeps him from losing.

The weakness is bought, and the strengths are sold in this strategy. After a breakout, it's an excellent time to purchase pullbacks.

Fading Trading Strategy

Fading, also known as contrarian strategy, is when traders enter a high-momentum trend with the opposite circumstances.

As prices change against the real bid-ask, a market dealer or broker who does not hold his bid or offer for an extended period of time is said to fade their markets.

Prompts are frequently used with fading and other applied behavior analysis (ABA) tactics. Fading is reducing the amount of help needed to complete tasks or activities.

The overarching aim for the learner while teaching skills is for them to participate in the activity independently.

Fading is an anti-trend trading strategy. Rather than following the trend of a monetary instrument, traders want to go against it.

Because price swings in the market are huge, there are always overreactions, and the fading strategy says that when a stock price is on an unsustainable run for the lid, investors will quickly take gains, sending prices back down.

As a result, you may swiftly sell stocks by using the fading strategy, taking advantage of the drop as profit-takers make their bets.

Robo-Trading Strategy

People's daily lives have been revolutionized by technology. It is now engaged in almost every aspect of life. As Robo-trading becomes more prevalent, the stock trading strategy will inevitably change.

This Robo-trading strategy differs from investing through Robo-advisors such as Betterment or M1 Finance in that it focuses on long-term investment plans.

Robo-traders are trading machines that produce trading signals using complex algorithms and frequently execute transactions on behalf of traders or customers.

Cheers!

Ukrainian forces are preparing for new Russian attacks in the east of the country as Moscow deploys more troops there after suffering setbacks near the capital Kyiv, President Volodymyr Zelensky said on Thursday.

Russia's invasion of its neighbor, now in its fifth week, has driven more than 3.5 million people from their homes, killed thousands, sent global oil prices soaring, and brought Russian-Western tensions to their worst point since the Cold War.

The United States is considering a massive release of oil reserves to counter rising oil prices which are fuelling inflationary fears around the world. The International Energy Agency (IAE) will hold an emergency meeting on Friday.

Tough resistance by Ukrainian forces has prevented Russia from capturing any major city, including Kyiv, where a Russian armed column was held back for weeks.

The head of Britain's GCHQ spy service said new intelligence showed some Russian soldiers had refused to carry out orders, sabotaged their own equipment, and accidentally shot down one of their own aircraft.

In an early morning video address, Zelenskiy referred to Russian troop movements away from Kyiv and Chernihiv and said that was not a withdrawal but rather "the consequence of our defenders' work."

Zelensky added that Ukraine is seeing "a build-up of Russian forces for new strikes on the Donbas and we are preparing for that."

As per Fastbull, Russia says its forces are regrouping to focus on "liberating" the breakaway eastern Donbas region. The Donbas region encompasses two self-proclaimed "people's republics" that Russia says it is helping to free from Ukrainian control.

The leader of the Donetsk People's Republic, Denis Pushilin, said on Wednesday that offensive operations were intensifying.

Donetsk includes the besieged port city of Mariupol, which has seen some of the war's heaviest fighting and bombardment and where about 170,000 people are trapped with scarce food and water.

"We cook what we find among neighbors. A bit of cabbage, a bit more of potatoes, we've found tomato paste, some beetroot," said former steelworker Viktor from Mariupol. They cook using a rudimentary barbecue and sleep in a basement, which he termed their "peaceful oasis."

Russian forces have taken half of the strategic port city, an adviser to Zelenskiy said on Wednesday. Russia's defense ministry said it was prepared to observe a ceasefire in Mariupol on Thursday, Russian news agencies reported.

Kyiv has accused Russia of not fully respecting earlier such commitments. Moscow denies targeting civilians.

PEACE TALKS, GAS PRICES

Russia says it is carrying out a "special operation" to disarm and "denazify" its neighbor. Western countries say Moscow's invasion, the biggest assault on a European country since World War Two, was entirely unprovoked.

Peace talks will resume online on Friday but neither Ukraine nor Russia expects a quick resolution.

Ukraine has sought a ceasefire without compromising on territory or sovereignty, though it has proposed adopting a neutral status in exchange for security guarantees. Russia opposes Ukraine joining the U.S.-led NATO military alliance, and has cited its potential membership as a reason for the invasion.

Western sanctions imposed on Russia as punishment for its invasion have largely isolated its economy from world trade but Moscow is still the biggest supplier of oil and gas to Europe and the war has seen global oil prices spike.

The United States, the world's largest crude producer, is considering releasing up to 180 million barrels of oil over several months from its Strategic Petroleum Reserves (SPR) to ease upward pressure on prices, two U.S. sources said.

Oil prices dived more than $5 a barrel on Thursday on the news.

The move would mark the third time the United States has tapped its strategic reserves in the past six months and would be the largest release in the nearly 50-year history of the SPR.

U.S. President Joe Biden will give remarks later on Thursday on efforts to lower gas prices, the White House said.

International Energy Agency (IEA) member countries are set to hold an emergency meeting on Friday at 1200 GMT to decide on a collective oil release, a spokesperson for New Zealand's energy minister said on Thursday.

"The amount of the potential collective release has not been decided. That meeting will set a total volume, and per country allocations will follow," the spokesperson for energy minister Megan Woods said.

In a memo released Tuesday, the National Football League in the U.S. announced that it would lift its ban on crypto- and blockchain-related advertising, marketing, and partnership agreements for its 32 affiliated sports teams.

Each team is independently owned but must adhere to the rules and regulations to be affiliated with the overarching NFL organization and thereby receive profit-sharing from licensing and broadcast/video streaming agreements.

In its communique to team owners, each club will now have permission to seek blockchain partnerships, however, top NFL brass explicitly prohibited stadium signage deals.

News has confirmed crypto.com's massive $700 million naming rights agreement for the Staples Center last November – as well as direct promotion of specific cryptocurrencies.

This latest announcement changes the league's previous policy, which was an outright ban of any form of cryptocurrency sponsorship imposed last August.

Under that previous decision, the NFL also forbade teams from promoting or selling their own non-fungible tokens (NFTs) featuring players, coaches, mascots, team logos, venues, and more because the league was developing its own NFT strategy.

That master strategy included releasing a series of seven historic commemorative NFTs for purchase leading up to this year's Super Bowl in Los Angeles.

Prior to that, the NFL offered fans who attended select games during the 2021 regular season, complimentary virtual commemorative tickets in the form of an NFT to test out the technology.

During that test run, the NFL gave more than 250 thousand free NFTs as premiums for fans.

The new rules will only allow teams to advertise NFTs and the companies behind the project, but they can't use official team brand marks, identifiers, or logos within the ads.

Last year, the NFL announced that it had entered into an NFT partnership with Dapper Labs and TicketMaster to help build and execute the league's NFT vision. Investing.com!

The popularity of the international forex market has made it the largest financial market in the world. According to a 2019 BIS report, the daily volume of forex traded amounts to $6.6 trillion. Around 3.5% of the total turnover was retail in 2013 as per a report by BIS.

The internet has facilitated retail forex trading such that anyone from anywhere can engage in the trade. However, this seamless access to the market guaranteed by the internet has created a rat-race for traders among forex brokers.

Today, scam forex brokers use every form of gimmick to hoodwink ignorant individuals into trading and investing in the forex market in the guise of an easy path to wealth.

The African continent has seen massive growth in the number of retail online forex brokers in recent times. Currently, there are an estimated 1.3 million active forex traders on the continent and the number is growing rapidly by the day. This is coming at a time when there are no regulations for retail forex trading among many countries on the continent.

Currently, only Kenya, South Africa, and Mauritius have regulations guiding online retail forex trading. Tanzania like many of its continental counterparts does not have. The absence of regulation is one of the many risks and challenges faced by retail forex traders in Tanzania.

Forex traders and those intending to participate in the international forex market should first understand how the forex market work. Forex is the exchange of one currency for another for different purposes. Most retail forex traders participate in the forex market with the aim of profiting off the price difference in currency pair at the end of the trade.

In reality, forex trading is not as forex brokers and their marketers make it to be. It is much more difficult and complex. This article will discuss three truths about forex trading.

1. People Lose Money In Retail Forex Trading
Many individuals, especially newbie forex traders, believe they can make a fortune off forex trading. This belief stems from the aggressive marketing gimmick of online retail forex brokers.

While it is possible to earn money and even make a living from forex trading, especially from day trading, the odds are stacked against you.

When you trade a currency pair let's say USD/EUR, you are betting on the USD to rise against the EUR. However, someone in another part of the world is betting on the EUR to rise against the USD. Your success depends on the failure of that person.

According to financial analysts, around 65 to 89 percent of forex traders encounter losses in their trade. The stats for CFDs is even higher with an average of 74% losing out on trades.

2. Forex Trading Requires In-Depth Training And Education
The international forex market is the most liquid financial market in the world. Price movements in this market happen at a pace only highly skilled and professional traders can handle. One cannot master the complexities of the market within a short period of time.

In recent times, some brokers with sugar-coated tongues offer short training aimed at providing traders with instant proficiency in trading in the forex market. This is not true. To master the art of forex trading, you must give yourself knowledge and practice over a considerable period of time

The knowledge and understanding of the technical intrigues of the market are not one a neophyte can master on a weekend or a short course. It can take years to fully grasp the nitty-gritty of the market and become a professional. Even at that, the volatile nature of the market makes it immune to any form of professional handling.

Also, forex trading has a motley of technical registers peculiar to it. Terms like leverage, pip, spread, forex pair, margin, bid/ask price, etc., must be properly mastered if one is to avoid the mistake of losing his investment.

However, many forex brokers now provide demo accounts and other forms of investor education that aim to train and educate new forex traders

3. There Are Scams In Forex Trading
Like every other venture, there are scams in forex trading. These scams range from nefarious, unregulated brokers, to those who make forex seem like a get-rich-quick scheme, hackers, etc.

As per findings by broker research firm Safe Forex Brokers, there are so many scam brokers that target the general public in East Africa to their HYIPs in the name of forex trading.

if you are a Tanzania-based trader involved in forex trading, you must ensure your broker is regulated by top-tier regulators such as UK's Financial Conduct Authority, Cyprus's CySEC, Australia's ASIC, etc. A broker who has a license with one of these regulators can be considered safer than a broker that is not regulated or is offshore regulated.

This is an important step because online retail forex trading in Tanzania is not regulated. It is not illegal per se. That is your trade and invest at your own risk without local government protection. Trading with a broker that is not regulated or regulated by some less rigid regulators is highly risky as they can run away with your investment.

Also, you should avoid those who make forex trading seem like a Ponzi scheme where you invest and get a guaranteed return. Some go as far as deceiving novice traders that they can provide some robots that can facilitate trade and deliver consistent profit. This is absolutely wrong and you should be careful.

Trading with an unknown unregulated broker can open you up to hackers who might steal your important private data such as credit card numbers, background information, etc., and use such to steal from you or scam you.

Conclusion
Forex trading is not all gloom and doom. You can earn a good income from the market if you practice & follow strict risk management.

However, you should be careful, well-trained, and educated about the fundamental and technical analysis of the forex market. You should also have a defined and tested trading strategy. Learn as much as you can about risk management.

Also, do not enter the forex market with funds you cannot afford to lose. Forex trading as said earlier is not a Ponzi scheme where you invest and get paid back without risks. As said earlier, the chances of you making a profit are very low since most of the retail traders lose.

Also, remember that if you are making a profit means that another person is losing. If your broker is a market maker, then if you are making a profit then your broker is losing.

So, a bad broker is incentivized to make you lose. You can earn income through forex trading but remember that the chances are very low. You must know how you apply the truths about forex trading. Source: The citizen

ApeCoin, the governance token of the popular non-fungible token (NFT) collection Bored Ape Yacht Club.

Which has recently become the most traded token among the largest whales on the Ethereum ($ETH) network, with Shiba Inu and FTX’s $FTT remaining as top holdings.

According to data shared from whale monitoring service WhaleStats, APE became the most traded token among Ethereum whales.

P.S: Get All The Knacks About Demo Trading Right Off The Bat!

Shortly after its launch and at a time in which its price is starting to stabilize after initially surging and plummeting.

WhaleStats« data shows APE is among the top 10 purchased top by the 1,000 largest whales on the Ethereum network, with USDT coming in the top place.

USDT’s average purchase amount is over $730,000, and it’s followed by ETH with an average purchase amount of $322,000.

Behind it is USDC with a $275,000 average purchase amount and next comes APE, with a $45,000 purchase amount.

The meme-inspired cryptocurrency Shiba Inu is down the list with a $13,600 average purchase amount.

FTT does not appear on the list, suggesting whales are simply hodling the token but not actively accumulating it.

APE, it’s worth noting, was listed on major cryptocurrency exchanges Coinbase and Binance shortly after being launched, which significantly boosted its liquidity right off the bat.

The cryptocurrency is also being accepted as a payment method by TIME Magazine’s web 3.0 initiative, TIMEPieces.

The Bored Ape Yacht Club collection is currently the most valuable one according to Crypto.com data.

It’s followed by the CryptoPunks collection and by the Mutant Ape Yacht Club collection.

The financial watchdog in the U.K. has declared that all non-registered ATMs must be immediately closed down or be subject to undisclosed additional action.

Financial Conduct Authority (FCA), United Kingdom’s central financial regulator, has issued a verdict on the presence of Bitcoin (BTC) ATMs within the island country.

In what has come as a surprise to many within the industry, the U.K. authority has issued a stern “shut down or face further action“ order to operators of Bitcoin ATMs, outlining their intentions to contact these companies to affirm the notice.


The watchdog cited a lack of regulatory structure, the high-risk potential of fluctuating assets, and the importance of upholding the principles established within the Money Laundering Regulations (MLR) as the primary reasons for the enforcement.

Note: Revealed In 2022 (Best Day Trading Strategies for Beginners!)

“We are concerned about crypto ATM machines operating in the UK and will therefore be contacting the operators instructing that the machines be shut down or face further action.”

The FCA has granted registration approval to 33 crypto companies since August 2020 under the MLR framework, the most notable of which being:


Gemini Europe Ltd, Kraken‘s holding company Payward Ltd, Galaxy Digital UK Limited, and, more recently added to the list on Jan. 14, eToro (UK) Ltd.

Additionally, the FCA has offered temporary registration status to 22 companies until March 31, 2022, at which time a decision will be determined on the validity of their application.

These companies include the likes of Blockchain Access UK Limited (blockchain.com), Copper Technologies (UK) Limited, Revolut Ltd, and Wirex Ltd, among others.

Analytical data conducted by Coin ATM Radar indicate that there are 81 Bitcoin ATMs within the U.K., operated by eight companies.


The word presented by the FCA is that none of the 33 approved companies have filed appropriate documents or attained licensing status.

To operate Bitcoin ATM services within the jurisdiction, therefore all others must be deemed as illegal enterprises.

The precedent for this ruling was established on Nov. 15, when Gidiplus Limited, the Bitcoin-centric crypto-asset automated teller machine (CATM) service.


Was handed a decision notice by the FCA which refused their application as a “crypto-asset exchange provider,” otherwise known as a Bitcoin ATM service.

According to the official sixteen-page report, Gidiplus did not meet the “conditions for registration” under the MLR law.

On Dec. 3, Gidiplus unsuccessfully appealed the decision to overturn the ruling in the Upper Tribunal chamber, with the FCA concluding their assessment with the notion.

That the appellant's case provided a “lack of evidence as to how Gidiplus would undertake its business in a broadly compliant fashion pending determination of its appeal.” Cointelegraph!

For funds undeterred in their investment choices by the killing of Saudi journalist Jamal Khashoggi or China's treatment of the Uyghurs, Russia's invasion of Ukraine is proving a wake-up call.

Buying into companies on the basis of environmental, social and governance (ESG) factors is one of the hottest trends in the fund management industry, attracting investments totaling more than $35 trillion by the start of 2020.

But for money managers from Boston to London, the focus has largely been on companies, with governance risk largely ignored in decisions over whether to invest in a country itself.

As per express news, China has denied allegations of abuses against the Uyghurs in southern Xinjiang. Saudi Arabia's government has said Khashoggi's killing was committed by a rogue group.

Now, as western banks and companies revisit hundreds of billions of dollars worth of exposure to Russia, more than half a dozen fund managers interviewed by Reuters said the Ukraine crisis was causing them to rethink how they assign country risk.

"We have to accept that we, as an industry, committed a very big blunder by not taking that invasion (of Crimea) in 2014 for what it was and acting accordingly," said Sasja Beslik, head of sustainability at Danish $87 billion pension investor PFA.

"Is this something that we would like to repeat?" Beslik said of investors who have been left holding often distressed Russian assets since its invasion of Ukraine, which Moscow describes as a "special operation" to disarm the country.

While a fund may make its own assessment of the quality and structure of a country's government, this is only one of many factors for investment decisions.

For some 71% of the $35 trillion invested with an ESG focus, the analysis focuses on the risk of an investment, rather than a country's human rights record or other governance factors.

It can be easier to ignore human rights if an ESG fund manager feels the chances of losing money on an asset, such as a sovereign bond, is sufficiently low given its price, because, for example, the relevant country's ruling government is secure.

Nicholas Lardy, a senior fellow at the Peterson Institute for International Economics, said for investment decisions on China at least western investors are more focused on shareholder value than on human rights.

However, engagement on sovereign risk is the next frontier for investors, said Martina Macpherson, president of Network for Sustainable Financial Markets, a non-profit organization that is run by finance and academic experts.

This is particularly the case "where systemic ESG risks such as climate, biodiversity, human rights violations, and poor state governance are concerned," Macpherson added.

Government clampdowns can sometimes be followed by more investment flowing into the country concerned as disruptions to daily economic activity cease, as was seen after China brought pro-democracy protests in Hong Kong two years ago to a halt.

Foreign direct investment into China rose 14.9% in 2021.

Beijing rarely discusses the issue of democracy, but has previously referred to China's governance arrangements as "whole-process people's democracy". read more

RISK REWARD

Bets on such market moves have not always been safe ones.

International investors, for example, were criticized last year for holding bonds issued by Belarus when its President Alexander Lukashenko intensified a crackdown on protesters.

And investors in a range of Chinese companies, from technology to property developers, suffered losses as Beijing unleashed a regulatory crackdown last year.

While some funds dumped investments in such countries, citing reputational and moral concerns as well as the risk of losses, these have tended to be smaller ones or those with a mandate to invest towards a sustainable outcome.

Most have stayed, not least because the task of exiting becomes tougher the bigger the market.

The BlackRock iShares ESG Aware MSCI EM ETF (ESGE.O) fund, for example, has around 3% invested in Russia, but 28% in China, Refinitiv data shows.

"It's too big to ignore and it's too profitable," Lardy said of investor holdings in China.

This view is echoed by Ross Gerber, president of Gerber Kawasaki Wealth and Investment Management, who said China's huge global economic reach makes it hard for any investor to avoid.

"There's no way around China," said Gerber, who owns shares in Tesla, for instance, with a big factory in Shanghai.

"People criticize me for having investments in China and not Russia, but it's very nuanced, the people criticizing are typing on a Chinese-made iPhone and wearing Chinese-made clothing." Reuters!

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The Central Bank of Russia reported the country's money supply was 65.3 trillion rubles as of Feb. 1 — roughly $629 billion with the recent drop against the U.S. dollar.

After climbing to a price of more than $41,000 on Monday, Bitcoin’s market capitalization has surpassed that of the Russian ruble.

According to data from CoinMarketCap, the market cap of Bitcoin (BTC) surged to roughly $780 billion on Monday amid the price rising to $41,391, a 5.7% increase over the last 24 hours.

BTC’s market capitalization exceeds the money supply of the Russian ruble, which according to the Central Bank of Russia, was 65.3 trillion rubles as of Feb. 1 — roughly $629 billion at the time of publication.

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The flippening likely occurred as the Russian ruble is undergoing inflation amid sanctions imposed by the United States and its allies in response to the country’s invasion of Ukraine.

Reuters reported the central bank raised its key interest rate from 9.5% to 20% on Monday, and the European Commission has announced plans to remove Russian banks from the SWIFT payments system.

In contrast, many residents of both Russia and Ukraine seem to have driven trading activity up on exchanges, possibly over concerns about the stability of their countries’ respective fiat currency and using crypto as a means to solicit donations for pro-Ukraine causes.

Cointelegraph reported on Feb. 24 — the same day Russian forces launched their attack — the Ukraine-based crypto exchange Kuna had roughly $4.4 million in total trading volume of all tokens over 24 hours.

The most recent flippening came more than one year after the price of BTC surged to a then all-time high of $48,200 following news Tesla had purchased an aggregate of $1.5 billion in the crypto asset.

Bitcoin’s market cap rose to $871 billion, surpassing that of the Russian ruble, then roughly $791 billion.

The European Union plans new actions in response to Russia’s invasion of Ukraine.

The EU will for the first time fund the delivery of weapons to Ukraine, European Commission President Ursula von der Leyen said.

The EU will also block Russian aircraft from flying in EU territory, and it will ban Russian state-owned media outlets Russia Today and Sputnik from its airwaves, von der Leyen said.

In addition, the EU will impose new sanctions on Belarus’ controlling regime led by

The European Union on Sunday announced new actions it planned to take in response to Russia’s invasion of Ukraine, including that the union will for the first time fund the delivery of weapons to the besieged nation.

According to news, The EU will also build on the sanctions it slapped on the Kremlin days earlier, said European Commission President Ursula von der Leyen, by blocking Russian aircraft from flying in EU territory.

The 27-member bloc will ban Russian state-owned media outlets Russia Today and Sputnik from its airwaves, as well.

“We are developing tools to ban their toxic and harmful disinformation in Europe,” von der Leyen said.

In addition, the EU will impose new sanctions on Belarus’ controlling regime led by Alexander Lukashenko, which von der Leyen called “the other aggressor in this war.”

The move marks the latest international effort to support Kyiv as officials say the Ukrainian military is holding onto its major cities in the face of Russia’s military aggression.

Russian President Vladimir Putin, meanwhile, has put his nuclear deterrence forces on high alert as he decries the intensifying foreign sanctions.

Cruz has joined the growing list of American politicians who have been advocating for Bitcoin adoption in the United States.

Senator Ted Cruz during his Conservative Political Action Conference (CPAC) speech on Friday advocated for Bitcoin (BTC) again while lauding its decentralization.

Cruz said he is very bullish on Bitcoin because it is highly decentralized and cannot be controlled by any government or entity.

He went on to cite the example of an ongoing issue in Canada where the government has enforced emergency laws as a retaliation to the Freedom Convoy trucker’s protest against COVID-19 mandates.

The Canadian government asked financial institutions and banks to freeze the accounts of protesters followed by an order to crypto exchanges and crypto wallet service providers to do the same.

Non-custodial wallet service provider Nunchuck received a similar order, and its response to the government went viral, which eventually found its way to the CPAC via Cruz.

As per news, Cruz read the response of the Bitcoin wallet service provider, which asked the Canadian government to read up on self-custody wallets and private keys.

The response also notified that Nunchuck doesn’t have access to any of its users’ financial information beyond their email address, which is by design.

The senator called Nunchuck’s response “spectacular” and went on to cite the example of the Chinese crypto ban to suggest Bitcoin cannot be controlled by governments.

However, his propagation about the Left being anti-Bitcoin, citing Canadian Prime Minister Justin Trudeau as an example, wasn’t received well among Crypto Twitter. One user wrote, “Bitcoin is apolitical” and politicizing it as “left vs right” is a wrong move.

Another user noted that Cruz being a politician is using Bitcoin knowledge to his advantage and suggested the opponents become more pro-Bitcoin to counter him.

It is important to note that while there are policymakers who are making efforts at the judicial level to bring changes to the law for Bitcoin adoption, such as Miami Mayor Francis Suarez, Senator Cynthia Lummis, and a few others, a majority of them seems to be focused on using it as a tool for their political campaigns.

Traditional financial institutions must work hand-in-hand with crypto custodians, sub-custodians, and service providers moving forward.

Grayscale Investments’ latest report “Reimagining the Future of Finance” defines the digital economy as “the intersection of technology and finance that’s increasingly defined by digital spaces, experiences, and transactions.”

With this in mind, it shouldn’t come as a surprise that many financial institutions have begun to offer services that allow clients access to Bitcoin (BTC) and other digital assets.

Last year, in particular, saw an influx of financial institutions incorporating support for crypto-asset custody. For example, Bank of New York Mellon, or BNY Mellon.

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That was announced in February 2021 plans to hold, transfer and issue Bitcoin and other cryptocurrencies as an asset manager on behalf of its clients.

Michael Demissie, head of digital assets and advanced solutions at BNY Mellon, told Cointelegraph that BNY Mellon had $46.7 trillion.

In total assets under custody and/or administration and $2.4 trillion in assets under management as of December 31, 2021.

Following in BNY Mellon’s footsteps, Banco Bilbao Vizcaya Argentaria (BBVA), stated in June 2021 that it would offer Bitcoin trading and custody services in Switzerland.

Then in October of last year, U.S. Bank — the fifth-largest retail bank in the United States — announced the launch of its cryptocurrency custody service for institutional investors.

Alex Tapscott, ​​managing director of Ninepoint Digital Asset Group, told Cointelegraph that United States banks have been scrambling to launch crypto asset custody since 2020.

“Crypto assets are a $2 trillion asset class and crypto-asset custody is a big business,” Tapscott added that last year was a turning point for many financial institutions,

Noting that on July 22, 2020, the U.S. Office of the Comptroller of the Currency, wrote a letter granting permission to federally chartered banks to provide custody services for cryptocurrency.

As a result, many traditional banks began to incorporate crypto custody services in 2021.

Next Steps

While notable, it’s also important to point out that traditional banks have started working closely with crypto custodians and sub-custodians to introduce custody for digital assets.

Ramine Bigdeliazari, director of product management for Fidelity Digital Assets, told Cointelegraph that given the growing demand from customers,

The exploration of crypto solutions through custodial relationships with digital asset service providers is a natural next step for traditional financial institutions.

“While there are a handful of ways that banks could enter the digital asset market, like building an end-to-end solution or acquiring existing providers.

Sub-custodial relationships with existing and trusted service providers could provide a superior alternative that allows for a quick and proven path to market to meet clients’ needs.”

Bigdeliazari explained that Fidelity Digital Assets provides sub-custody services to client firms including banks who, in turn, interface with their customers.

These engagements showcase the potential for digital assets sub-custody to allow institutions to provide their customers access to digital assets.

Through the same interface and experience, they use to access other asset classes without having to build any infrastructure.

To put this in perspective, New York Digital Investment Group (NYDIG) is a sub-custodian that has partnered with U.S. Bank to provide its “Global Fund Services” customers with a Bitcoin custody solution.

The partnership between traditional banks and sub-custodians is an important one. For instance, Tapscott explained that while crypto asset custody is a big opportunity, it’s not without risk for banks.

“Securely storing private keys can be the difference between a satisfied customer and money in the bank or a class action lawsuit and handcuffs.

So, naturally, a lot of big banks prefer to partner with firms that already have that industry expertise,” he said.

Concerns aside, the rising demand for digital assets from institutional investors will result in traditional financial institutions working hand-in-hand with crypto custodians and service providers.

The Association of Banks of Russia has launched a dedicated expert center focused on cryptocurrency regulation.

Amid Binance halting its services in countries like Israel over licensing matters, the world’s largest cryptocurrency exchange by trading volume continues strengthening relations with Russia.

Binance announced Thursday its entry into the Association of Banks of Russia, aiming to facilitate dialogue with local authorities, lawmakers, and experts in the cryptocurrency industry.

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Founded in 1990, the association includes over 300 banks and financial institutions in Russia, covering nearly 90% of the country’s banking infrastructure.

The association’s council has approved Binance’s membership in the association, launching a dedicated expert center for digital financial assets and digital currencies.

The expert center’s mission is to prepare professional reviews on the circulation of digital assets in Russia and provide the association.

And its representatives with expert data on the topic as well as reports on the international experience of handling crypto assets.

Olga Goncharova, Binance's director of government relations in Russia and Commonwealth of Independent States (CIS),

Took the lead of the association's expert center, approved by the association's presidium council.

Goncharova joined the crypto exchange in January to push compliance efforts in Russia and CIS. Before joining Binance, she worked as a department director at the Bank of Russia.

Introducing Goncharova, Association President Georgy Luntovsky noted that she will be responsible for proper monitoring of the circulation of digital currencies in Russia.

“In our opinion, she is a good candidate to lead the platform where the expert community could discuss approaches to the regulation and development of digital financial assets,” he noted.

Gleb Kostarev, director at Binance’s Eastern Europe division, expressed confidence that Binance’s expertise in the crypto market will be positively received by the Russian banking community.

“We are on the verge of a global transformation in the field of cryptocurrency regulation.

Binance, as the largest cryptocurrency ecosystem in the world, has a solid track record of working with regulators,” Kostarev noted.

Binance is known for its close cooperation with some Russian organizations backed by the state as well as local blockchain advocates.

In 2021, Binance provided its nonfungible token (NFT) platform to the Russian State Hermitage Museum to help it raise over $440,000 in an NFT auction of the museum’s tokenized collectibles.

Binance execs were also advocating for the crypto industry adoption as part of a Russian crypto lobby group in 2020.

Bill Gates said Friday that the risks of severe disease from Covid-19 have “dramatically reduced” but another pandemic is all but certain.

Speaking to CNBC’s Hadley Gamble at Germany’s annual Munich Security Conference, Gates, co-chair of the Bill & Melinda Gates Foundation, said that a potential new pandemic would likely stem from a different pathogen to that of the coronavirus family.

But he added that advances in medical technology should help the world do a better job of fighting it — if investments are made now.

“We’ll have another pandemic. It will be a different pathogen next time,” Gates said.

Two years into the coronavirus pandemic, Gates said the worst effects have faded as huge swathes of the global population have gained some level of immunity. Its severity has also waned with the latest omicron variant.

However, Gates said that in many places that were due to the virus itself, which creates a level of immunity, and has “done a better job of getting out to the world population than we have with vaccines.”

“The chance of severe disease, which is mainly associated with being elderly and having obesity or diabetes, those risks are now dramatically reduced because of that infection exposure,” he said.

Gates said it was already “too late” to reach the World Health Organization’s goal to vaccinate 70% of the global population by mid-2022. Currently, 61.9% of the world population has received at least one dose of a Covid-19 vaccine.

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He added that the world should move faster in the future to develop and distribute vaccines, calling on governments to invest now.

“Next time we should try and make it, instead of two years, we should make it more like six months,” Gates said, adding that standardized platforms, including messenger RNA (mRNA) technology, would make that possible.

“The cost of being ready for the next pandemic is not that large. It’s not like climate change. If we’re rational, yes, the next time we’ll catch it early.”

Gates, through the Bill & Melinda Gates Foundation, has partnered with the U.K.’s Wellcome Trust to donate $300 million to the Coalition for Epidemic Preparedness Innovations, which helped form the Covax program to deliver vaccines to low- and middle-income countries.

The CEPI is aiming to raise $3.5 billion in an effort to cut the time required to develop a new vaccine to just 100 days.

The Bank of England will raise interest rates faster than previously thought to tame surging inflation, according to economists polled by Reuters who significantly upgraded their forecasts for consumer price rises.

A near 30-year high inflation rate in December pressured Britain’s central bank to raise rates for a second meeting in a row earlier this month, taking Bank Rate to 0.50%.

But nearly half of the Monetary Policy Committee (MPC) members voted for a hike to 0.75%, making further tightening next month more likely.

As per the news, Nearly two-thirds of respondents in the Feb. 7-11 poll, or 25 of 40, expected a 25 basis points increase in Bank Rate to 0.75% at the conclusion of the next MPC meeting on March 17.


That would mark the first time the Bank has raised rates at three meetings in a row since 1997.

A slim majority, 21 of 41, forecast a further increase to 1.00% next quarter.

That is well behind financial markets, which are pricing in the bank to make a cumulative 75 basis points of increases at its March and May meetings.

In a poll taken last month, only one further increase was expected this year - in the third quarter - showing how quickly rate expectations are changing.

“A combination of higher inflation, a resilient labour market, and better-than-expected Omicron data warrants a continuation of the hiking cycle that began in December,” said Michal Stelmach, senior economist at KPMG.


“We expect the MPC to follow through with rate hikes in March and May, with a potential pause afterwards to allow the new policy direction to get embedded”.

Also facing high inflation, now at the highest in four decades at 7.5%, the U.S. Federal Reserve is expected to tighten at its March policy meeting.

Persistent global supply chain issues and rising energy prices have pushed this year’s median inflation forecast up for the ninth consecutive survey.

Inflation was pegged at 5.7% this quarter on average and seen peaking at 6.6% next quarter, up 0.5 and 1.1 percentage points respectively from January, around treble the BoE’s 2.0% target.

Inflation was then expected to ease in the third and fourth quarters to 5.9% and 4.5%.


"Inflation will peak at slightly below 7% in April when the effects of the energy price hike are fully captured in the data.

The second half of the year should see supply-side inflationary pressures easing," said Stefan Koopman, senior macro strategist at Rabobank.

More than 80% of respondents to an extra question, 15 of 18, said it was more likely the BoE increases rates more than they expect rather than less.

Britain’s economy shrank 0.2% in December, less than expected, as the Omicron coronavirus variant swept Europe and the loss of momentum is likely to have stretched through this quarter.


The economy was predicted to expand 0.4% this quarter and 0.9% next. Growth was then seen slowing to 0.6% in both the third and fourth quarters.

Across 2022 annual growth was put at 4.3% and for 2023 it was 2.1%, down from 4.5% and 2.2% predicted a month ago.

Amidst calls from BoE officials for wage restraint 85% of respondents, 17 of 20, did not see pay rises keeping up with inflation over the next 12 months.

“The UK already has falling real pay, weakening nominal pay growth and a clear risk of stagnating economic growth, so any notion of an impending wage-price spiral seems overdone,” said Koopman.

The S&P 500, the Dow Jones, and the Nasdaq Composite fell between 1.43% and 3.07%.

Ukraine/Russia conflict escalation points towards a Russia’n invasion as reported by US press, confirmed by the US Security Advisor.
Market sentiment was dismal, as safe-haven flows like gold, the USD, and the yen dominated the end of the week.

Western Texas Intermediate finished the week above $93.10 per barrel as geopolitical tensions arose.

On Friday, US equities dropped sharply as recent geopolitical chatter linked to the Ukraine – Russia conflict. US news sources said that a Russian invasion of Ukraine was imminent, spurred a flight to safe-haven assets.

As the New York session ends, the S&P 500 drops 2.05%, at 4,410.85. The Dow Jones Industrial falls some 1.45%, at 34,729.63, and the tech-heavy Nasdaq Composite slides 3.17%, sits at 14.230.95.

Sector-wise, energy (boosted by rising oil prices) and utilities advance 2.79% and 0.01% each, while the biggest losers are technology, consumer discretionary, and communications, sliding 3.01%, 2.82%, and 2.54%, respectively.

US press wires report that Russia decided to invade Ukraine

Around 18:30 GMT, according to a PBS NewsHour reporter, “the US believes that Russian President Vladimir Putin has decided to invade Ukraine and already communicated those plans to the Russian military. Two Biden administration officials said they expect the invasion to begin as soon as next week.”

The reporter continued “that US defense officials anticipate a “horrific, bloody campaign” that begins with two days of bombardment and electronic warfare, followed by an invasion, with the possible goal of regime change. Reportedly, the North Atlantic Council was briefed on the new intel today.”

The US National Security Advisor confirms the rumours

Later in the day, as per several data warehouse rumours were confirmed. “we are in the window where a Russian invasion of Ukraine could begin at any time and could happen during the Beijing winter Olympics.” Furthermore, he added that “the US continues to see signs of escalation at the border, and would respond decisively should Russia invade.”

Jake Sullivan urged all Americans in Ukraine to leave “as soon as feasible.” Moreover, Sullivan said, “we are not saying Putin has made a final decision, but Russia now has all forces it needs to conduct a major military action, but he did clarify a false flag operation is also possible by Russia.”

As Wall Street closed, it crossed the wires the news that the US President Joe Biden and Russia’s Vladimir Putin would talk over the phone on Saturday, per Via citing the Kremlin.

Putting the geopolitical jitters aside, the greenback got bid, with the US Dollar Index, advancing close to 0.50%, reclaiming 96.05, linked to safe-haven flows. US Treasury yields fell in the bond market, led by the 10-year yield down eleven basis points, below 2% at 1.916%, a tailwind for precious metals.

At the same time, gold rises 2% exchanges hands at $1864.44 a troy ounce, while US crude oil benchmark, WTI, hit $93.10 per barrel amid revived Ukraine invasion concerns going into the weekend.

In the FX Market, the EUR/USD got hammered by the crisis, trading at 1.1345, while the GBP/USD barely unchanged at 1.3550 got a boost from higher UK’s GDP numbers. Concerning safe-haven pairs, the USD/JPY failed to cling to the 116.00 figure influenced by safe-haven flows, trades at 115.31, while the USD/CHF finished at 0.9243.

The world of foreign exchange, or forex, can be daunting even to experienced hands-on investors.

However, there are plenty of books on the subject of currency trading, ranging from basic introductions to the forex market to advanced strategies based on fundamental analysis and technical analysis.

These are five of the best that have stood the test of time and the forex market's ups and downs.

Here are four hugely effective books:

Currency Trading for Dummies by Brian Dolan

Currency Trading for Dummies is one of the best of the lot for beginners. It presents clear, easy-to-read instructions on currency trading and descriptions of the forex market.

In fact, it's not a bad read for more seasoned hands who need a quick refresher on the basics. It's regularly used as a resource by the financial media.

Originally published in 2011, the updated book was co-written by Brian Dolan, former chief currency strategist at Forex.com, and Kathleen Brooks, director of research at Forex.com.

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Day Trading and Swing Trading the Currency Market by Kathy Lien

Kathy Lien is a world-renowned currency analyst, BK Asset Management's managing director, and a frequent guest on Bloomberg, CNBC, and Reuter's programs.

Now in its third edition, her book employs a two-pronged approach that combines theory and actionable learning with balanced insight into the fundamental and technical forex trading strategies designed to generate regular profits.

Lien walks readers step-by-step through Forex fundamentals such as the long- and short-term factors affecting currency pairs.

She also covers the technical analysis trading strategies that professional forex traders use on a daily basis.

Japanese Candlestick Charting Techniques by Steve Nison

Steve Nison's Japanese Candlestick Charting Techniques is credited with introducing this versatile technical-analysis tool, now widely used by forex traders, to the Western world.

The book provides a lengthy and in-depth education on candlestick charting, which is also used for futures, speculation, hedging, equities, and anywhere else that technical analysis may be applied.

Nison's work is ideal for traders seeking to up their trading strategies game. As they do, they might want to consult one of the sequels.

Nison has written: The Candlestick Course, Beyond Candlesticks: New Japanese Charting Techniques Revealed, and Strategies for Profiting with Japanese Candlestick Charts.

How to Make a Living Trading Foreign Exchange by Courtney Smith

Courtney Smith begins How to Make a Living Trading Foreign Exchange with an introduction to the world of forex that explains how the market works.

But most of this 2010 work is devoted to making money, offering six strategies to earn a steady income by trading.

He also provides important risk management techniques as well as material on the psychology of trading.

It includes an explanation of Smith's unique "rejection rule," a strategy designed to double the profit generated from basic channel breakout systems.

Jan Hatzius told CNBC on Tuesday that the pace of wage increases in the United States must slow as inflation picks up, becoming a key focus for the Fed and markets alike.

The quarterly annualized wage growth rate has been "well above" 4% over the past two quarters, said Hatzius, who is also head of global investment research at Goldman Sachs.

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it has to go down,” added Hatzius. Goldman Sachs' chief economist said it would be difficult to sustain wage increases of 5% to 6% without causing "significantly high" inflation.

Jan Hatzius told CNBC on Tuesday that as inflation rises, the pace of US wage increases must slow and become a key focus for the Fed and markets alike.

“I think 4% is fine. 5% to 6% is probably difficult to sustain without significantly higher inflation, so it needs to be brought down,” Hatzius added.

The annualized quarter-over-quarter wage growth rate was "well above" 4%, said Hatzius, who is also head of global investment research at Goldman Sachs.

I'll probably have to slow down a bit," he told CNBC's "Squawk Box Asia." January.

Earlier this month, Goldman Sachs CEO David Solomon said “there is real wage inflation everywhere”.

Compensation costs at Goldman rose 33% to $17.7 billion for 2021, a whopping $4.4 billion increase driven primarily by performance pay increases, executives said.

Meanwhile, inflation is picking up and the US consumer price index rose 7% in December, the fastest rate since June 1982.

These higher consumer prices are weighing on wage increases for workers despite their pay rises.

In fact, the average worker has taken a 2.4% pay cut over the past year, according to seasonally adjusted data released by the Labor Department.

The top six U.S. banks -- JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Morgan Stanley, and Goldman Sachs.

Since raised some salaries in 2021 and then raised spending forecasts for next year, according to a Reuters report.

However, Hatzius is optimistic about falling wage inflation about their salary expectations.

That some of these recent salary increases are more like one-off, one-time retention bonuses and things that won't necessarily be repeated," he said.

"But I think that's an important thing to look at. Economists expect inflation concerns to prompt the Fed to tighten monetary policy this year to counter rising prices.

In December, the majority of the monetary policy committee forecast three rate hikes this year, but Goldman forecast that the Fed will hike rates four times in 2022.

"Inflation is pretty political right now," Hatzius added. Consider the strong desire to reduce inflation on both sides of the political aisle.

After announcing the acquisition of Activision Blizzard, Microsoft CEO and President Satya Nadella stated that games "will play a key role in the development of Metaverse platforms.

Microsoft Crop. acquires gaming giant Activision Blizzard Inc., its game plans, and Metaverse.

Activision Blizzard is home to a long list of iconic gaming franchises such as Call of Duty, Overwatch, Candy Crush, World of Warcraft, and Tony Hawk's ProSkater.

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After the deal, their games will be added to Microsoft's Xbox Game Pass service, which has 25 million subscribers.

According to a Jan. 18 Microsoft announcement, the company will acquire Activision Blizzard for $95.00 per share at a valuation of $68.7 billion.

The deal will close in fiscal 2023, making Microsoft the third largest gaming company. It trails Tencent, owner of Riot Games, and Playstation developer Sony in terms of revenue.

Noting that the acquisition will support the growth of its mobile, PC, console, and cloud gaming services, Microsoft notably also stated that it will provide "building blocks for the Metaverse.

" Satya Nadella, CEO and President of Microsoft said, “Gaming is the most dynamic and exciting entertainment category across all platforms today and will play a key role in the evolution of Metaverse platforms.

As part of the acquisition, Microsoft announced that Activision Blizzard CEO Bobby Kotick will remain at the helm until the deal closes, at which point the reins will be handed over to Microsoft Gaming CEO Phil Spencer.

Spencer welcomed the deal in an Xbox blog post, stressing that the company is working to make cloud gaming accessible on as many devices as possible.

However, he didn't mention the Metaverse or NFTs, sectors that have faced backlash from some parts of the gaming community.

“Activision Blizzard's amazing franchises will also accelerate our plans for cloud gaming, allowing more people in more places around the world to participate in the Xbox community using the phones, tablets, laptops, and other devices they already own ' he wrote Spencer.

In November Nadella first unveiled Microsoft's Metaverse plans through an update to its Teams service and a product called Dynamics 365 Connected Spaces.

The "Mesh" update for teams is scheduled to introduce custom digital avatars and immersive meeting rooms in the Metaverse later this year.

Nadella also stated at the time that people "can absolutely expect" Microsoft to integrate Metaverse features into Xbox gaming consoles, but didn't reveal any concrete plans or specific details.

It's unclear if Microsoft's Metaverse game for Xbox will feature the introduction of NFTs, with Spencer stating in November that he found experimenting with NFTs "more exploitative than fun."

Spencer noted that if the Xbox Store supported NFT, the company would actively remove any nefarious behavior or content.