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Showing posts from April, 2023

Trending News: Euro Nears One-Year High as US Economic Risks Weigh on Dollar

  On Thursday, the euro remained near a one-year high against the dollar due to Europe's strong economy in contrast to the potential banking contagion risks and debt ceiling standoff in the US that could lead to a recession. The Australian dollar, which is sensitive to risk, struggled to remain above the key 66-cent mark, and Bitcoin, the leading cryptocurrency, stabilized around $29,400 following significant fluctuations in the previous session. Meanwhile, the yen remained unchanged as the Bank of Japan commenced a two-day policy meeting. The euro increased by 0.05% to $1.10415, returning to the overnight peak at $1.1096, the highest since April last year. The dollar index, which measures the greenback against six major currencies, with the euro being the most heavily weighted, remained almost unchanged at 101.41 after a 0.42% drop on Wednesday, where it reached a near two-week low of 101.00. On Wednesday, Germany revised its growth forecasts, and a survey indicated a sustained re...

Funded Traders Global - Your Prop Trading Solution

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  Welcome to Funded Traders Global ! We are a prop trading firm that provides funding and resources to traders worldwide, allowing them to trade the markets with our capital and keep a percentage of the profits they generate. Our firm is founded on the belief that talented traders should have access to the capital and resources necessary to succeed in the highly competitive world of trading. We provide traders with a platform to showcase their trading patterns and strategies and offer educational resources and support to help them improve their skills. At Funded Traders Global , we understand the importance of managing your forex funds . That's why we offer a variety of funding levels, allowing traders to start with a capital allocation that matches their experience and trading goals .  As a prop trading firm, we place a strong emphasis on risk management and discipline. We encourage our traders to develop a sound trading plan and to follow it consistently, using proven r...