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Japanese Chief Cabinet Secretary Minoru Kihara: The Bank of Japan is expected to work closely with the government to achieve its 2% inflation target in a stable manner.Japanese Chief Cabinet Secretary Minoru Kihara: I cannot comment on other central banks’ statements supporting Federal Reserve Chairman Jerome Powell, as that is a matter for the Bank of Japan to decide, and the specific monetary tools are determined by the Bank of Japan.January 14th - Following the US seizure of vessels involved in Venezuelan oil trade, the global "ghost fleet" transporting illicit oil is scrambling for protection under the Russian flag. According to Starboard Maritime News, at least 26 vessels have changed their registration to Russia since the beginning of last month, most of which occurred after the US seizure of the supertanker Skipper off the Venezuelan coast on December 10th. This represents a significant increase compared to the six vessels seized in November and the 14 vessels seized in the previous five months. Of the nearly 1,500 tankers carrying oil from Russia, Iran, and Venezuela, approximately 13% are now registered in Russia, with the remainder typically flying the flags of smaller nations such as Panama, Guinea, and Comoros. Using false flags is also a common tactic for ghost fleets, allowing them to circumvent regulations while maintaining a semblance of legitimacy. Charlie Brown, a senior advisor at the Coalition Against Irans Nuclear Weapons, which tracks ghost fleets, points out that the recent trend of changing registration to Russia indicates that ship owners are considering Moscows potential political asylum when other countries are unwilling to provide protection.Bank of Japan: The February 26 meeting on market operations will discuss recent market developments, Bank of Japan operations, liquidity and functionality of the Japanese government bond market, and the money market.On January 14th, the highest 7-day annualized yield of Tencent Wealth Managements "Current Account +" was 1.4510%, and the lowest was 0.8860%. The highest 7-day annualized yield of WeChat Pays "Lingqian Tong" was 1.1460%, and the lowest was 1.0410%. The highest 7-day annualized yield of Alipays "Yuebao" was 1.2620%, and the lowest was 1.0180%.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

  • NFP and Forex: What is NFP and How Does It Work?

    Non-farm payrolls (NFP) are a critical economic indicator for the US economy. It is the amount of new employment created, excluding agricultural workers, government employees, private home employees, and nonprofit organization employees.

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  • 5 Ways to Control Risk When Trading Forex

    Proper risk management is a must if you want to be a successful trader. Continue reading to learn about the risk control techniques that every forex trader should be familiar with.

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  • How To Evaluate Leading Economic Indicators?

    Leading economic indicators forecast the next business cycle phase. Leading indicators help you stay ahead of the curve. This article demonstrates how economic indicators may be used to assess the status of the economy.

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  • How to Trade Forex During the Asian Trading Hours?

    The Asian session is notorious for being the slowest and most difficult session for forex traders. This article will teach you how to trade forex during Asian trading hours.

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  • How to Trade Using the Carry Trade Strategy?

    Carry trading is one of the most basic currency trading methods available. This post will provide you an overview of forex carry trading - what it is, how it works, and how to apply your own carry trade strategy.

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  • How to Enhance Your Moving Average Crossover Strategy

    Moving averages are indicators used in technical analysis. In this essay, I'll show you how to improve on the basic moving average crossover strategy.

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  • How to Use a MACD Crossover to Enter Trades

    The Moving Average Convergence/Divergence (MACD) indicator is a technical indicator that measures the market's momentum and direction by comparing the difference between two exponential moving averages. When the MACD line and the signal line intersect, the MACD crossover occurs, frequently signalling a change in the market's momentum/trend. The MACD is regarded as a very accurate indicator, particularly in trending markets.

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  • The Ascending Triangle: What is it & How to Trade it?

    The ascending triangle, sometimes known as the 'rising triangle,' is a popular mid-trend continuation pattern. Traders predict that the market will continue in the direction of the wider trend and therefore build trading setups.

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