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Abstract:The dollar is strong relative to other currencies and oil prices are trying to steady after last week's dip
Asian shares were hesitant on Monday as a U.S. holiday made for slow trading ahead of minutes of the last Federal Reserve meeting and investors were anxiously awaiting Friday's testimony from the newly nominated head of the Bank of Japan . Geopolitical tensions were a major factor in the cautious mood, with reports of new sanctions on Russia planned. The main index of Asia-Pacific shares outside Japan nudged up 0.3%, while Japan's Nikkei was flat. Chinese blue chips firmed 0.9% . The dollar is strong relative to other currencies and oil prices are trying to steady after last week's dip.
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Launched in 2019, Immediate Edge claims to be an automated cryptocurrency trading platform using AI technology for crypto trading services. The platform requires a minimum deposit of $250 to begin trading, which is relatively expensive for many investors. During its short operation, Immediate Edge failed to establish a positive reputation. The platform has undergone frequent domain changes and has repositioned itself as an intermediary connecting users with investment firms—a move that appears designed to obscure its actual operations. Immediate Edge restricts services to investors from the United States; it remains accessible to users in other regions.
Founded in 2014, Olymp Trade has been operating for over a decade, expanding its services and user base considerably, now offering focused trading in fixed-time trades (previously known as binary options in some regions) and Forex. Specifically, Olymp Trade operates two trading modes: fixed-time trades and forex mode. Fixed-time trades refer to trades with predetermined expiration times, where traders predict market movement directions. Payouts typically range from 70-90% of the investment amount. Forex Mode is a more traditional forex trading approach with variable leverage (up to 1:500 for experienced traders). At the same time, it allows for more sophisticated trading strategies with customisable take-profit and stop-loss orders.