Market News2023-10-05T15:54:41+00:00

Market News

Is Forex Trading Tax-Free in the UK?

Forex trading in the UK has seen a remarkable increase in popularity. However, a critical question often arises for traders: Is Forex trading tax-free in the UK? This blog aims to demystify the tax implications associated with Forex trading for UK residents. Spread Betting Spread betting stands out in the Forex trading world. Unlike traditional Forex trading, where you buy and sell currency pairs, spread betting involves speculating on the currency price movements without owning the underlying asset. This distinction

Currency Traders’ Guide: Impact of News on the Market

Introduction: As a currency trader, staying informed about the latest news can greatly influence your trading decisions. Economic indicators, geopolitical events, and other news factors can have a significant impact on currency prices. In this blog post, we will explore

UK Government’s Tax Relief for Oil and Gas Companies

UK Government Offers Temporary Relief to Oil and Gas Companies: How Will It Impact Currency Trading?   The UK government recently announced a temporary tax break for oil and gas companies, aiming to alleviate the burden on these industries following

US Credit Downgrade: Impact on Currency Market

Credit score downgrade by Fitch is a significant development that can have an impact on the currency market and currency trading. This announcement highlights the growing debt burden and the recent debt-ceiling controversy in the US. Let's understand how this

Oil Profit Drop & EV Misstep Impact Currency Market

This news could have implications for the currency market, particularly for countries heavily reliant on oil exports. Additionally, we'll explore Ford's recent misstep in the electric vehicle (EV) market and what it means for the future of the automotive industry.

How The Production of iPhones Impact Currencies

The global smartphone industry has been experiencing a slowdown recently, with decreasing sales and profit margins. However, Apple has managed to sustain its position and keep its fortunes steady. This is largely due to the success and popularity of its

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