Candlestick formations are a type of chart pattern used in technical analysis for forex purposes and represent the sentiment of a market. One specific formation has gained attention within candlestick formations in recent years because it provides very consistent trading opportunities. This formation is recognized as the tweezer candlestick formation. In that context, many traders […]
Forex, or Foreign Exchange (FX) Trading, is a massive, booming market raking in billions year-on-year. It involves exchanging one currency for another for many reasons, including tourism, trading, or commerce purposes. It is a global marketplace that provides a platform for people to exchange national currencies. Its worldwide reach makes Forex markets the largest and […]
Trading is a business and like any other, it requires you to understand the risks involved. Trading involves buying and selling assets through exchanges like stocks and bonds. These assets can be currencies (foreign exchange or forex), commodities, or even securities. This guide will show you what you need to know, from ‘how do I […]
Lenders use lots of factors to work out whether or not they should approve loan applications. The debt-to-income ratio is one of the most important aspects checked as part of this process. So what is this ratio and are there any ways to use it to your advantage when applying for a commercial mortgage? The […]
In the world of business, money makes the world go around. From incubation to maturity, entrepreneurs must consistently secure funds to reduce the risk of decline. As you might imagine, it’s not always an easy task. If you cannot acquire the funds through savings or sales, you must look to outside sources to continue your […]
In today’s times, many people think of starting a financially sound project, but not many of them have a strong business plan. This might be essential for a conventional business but not when forex trading is concerned. For your information, the forex trading market is worldwide, global, and a decentralized platform for trading in different […]
Data acquired by Finbold.com reveals that the total number of Commercial Banks in the US has dropped by 45.65%. The drop has been registered between 2000 and 2020. The data shows that Commercial Banks have closed at a rate of 3.15% yearly average. Financial crisis accelerates closure of Commercial Banks In 2000, the number of […]
The future of B2B payments is real-time payments. Although progress on this front has been slower when compared to consumer payments, it is steadily picking up steam. The increased demand for solutions, as well as a rather sluggish pace from governments and institutions, have only served to further highlight this glaring issue […]
ServiceNow to establish an AI Innovation Hub in Canada Element AI Co-founder, Dr. Yoshua Bengio, winner of the 2018 Turing Award, will serve as a technical advisor for ServiceNow ServiceNow announced it has signed an agreement to acquire Element AI, it’s fourth recent acquisition in the AI space. Element AI will enhance ServiceNow’s intelligent workflow […]
Data acquired by Finbold.com indicates that direct investments in Special Purpose Companies by Sovereign Wealth Funds (SWF) have spiked by 2,532.35% YOY. As of November 24, 2020, the investment stood at $1.79 billion. In 2019, the figure was $68 million, an increase of 240% from the 2018 investment of $20 million. In 2017, the investment […]
