Authorized and Regulated Entities: SARACEN MARKETS (PTY) LTD
Uganda has witnessed a digital revolution over the past decade, and at the heart of it is mobile money. With millions of Ugandans using mobile money for everyday transactions, it’s no surprise that mobile money is now transforming the way traders access the global financial markets. Deposit Easily with Mobile Money on Saracen Markets For […]
Deposit with Mobile Money – A Game-Changer for Ugandan Forex Traders Read More »
Forex trading has become a popular income stream for thousands of Kenyans, but one challenge many traders face is funding their accounts quickly and securely. That’s about to change. Saracen Markets, a globally regulated forex broker, now accepts mobile money deposits in Kenya, including M-Pesa—the country’s most widely used digital payment method. You now can
Trade Forex with Ease: Saracen Markets Now Accepts Mobile Money in Kenya Read More »
Introduction Successful traders (in Social Trading’s terminology, Providers) may want to share their trading strategy with less experienced traders (Followers) in exchange for a percent of the profit generated by copying the strategy. This concept is called ‘social trading’ or ‘social copy’. Become a Follower/Copier Please follow step by step instruction on How to Become
How to Follow a Copy Trade with SaracenMarkets Read More »
Introduction Successful traders (in Social Trading’s terminology, Providers) may want to share their trading strategy with less experienced traders (Followers) in exchange for a percent of the profit generated by copying the strategy. This concept is called ‘social trading’ or ‘social copy’. Become a Provider Please follow step by step instruction on How to Become
How to Become a Copytrade Provider Read More »
Yesterday’s release of the Federal Open Market Committee (FOMC) meeting minutes indicated a Fed stance of maintaining elevated rates for an extended duration, with potential cuts in 2024. This news led to a decline in Asian markets session following the drop in US markets. The minutes portrayed a hawkish tone, suggesting prolonged restrictive rate levels,
FOMC Signals Prolonged High Rates Read More »
Due to the End Year holiday, there will be some changes to the trading schedule* in December 2023 and January 2024. 22nd December: Last Business Day before Christmas 25th December: Christmas Day 26th December: Boxing Day 29th December: Last Business Day before New Years 1st January: New Years Day During this time spreads may be
2023 Trading Schedule Changes – End Year Holiday Read More »
In the Asian markets, all eyes remain fixed on China’s Purchasing Managers’ Index (PMI) readings, seeking further cues about the resilience of the world’s second-largest economy. As trading commenced on Thursday, Treasuries maintained stability following a decline of nine basis points in two-year yields, while the 10-year notes eased by seven basis points to hit
Asia Keeps Eyes on China PMIs Amid Global Economic Indicators Read More »
The recently unveiled Fed minutes from Tuesday revealed a consensus among policymakers to exercise prudence in their approach to future interest-rate adjustments, emphasizing a careful evaluation based on progress towards meeting inflation targets. At present, swap contracts tied to upcoming Fed meetings reflect a roughly 25% likelihood of the Fed initiating its first rate cut
Fed Signals Caution on Rate Moves, Futures Suggest 25% Odds of Rate Cut in March Read More »
Reserve Bank of Australia Governor Michele Bullock addressed concerns following the release of minutes from the RBA’s Nov. 7 meeting, revealing a departure from a four-meeting pause. Policymakers shifted course to ensure that inflation would track back to the coveted 2-3% target amid accelerated economic growth and a robust labor market. The meeting minutes underscored
RBA Governor Signals Concerns Amidst Inflation Woes Read More »
The AUD/USD pair maintains its bearish momentum, extending its losing streak even after the Reserve Bank of Australia (RBA) implemented a 25-basis-point rate hike on Tuesday. During Wednesday’s Asian session, the pair is trading lower, hovering around 0.6420. The negative bias seems to persist as the RBA adopts a dovish stance in its rate statement.
AUD/USD Moves Downward Read More »