OldLeekConfession

This article provides a detailed tutorial for beginners in foreign currency investment, including the mechanisms of the forex market, risk assessment, and practical skills. The article introduces three main trading methods and emphasizes the importance of choosing the right platform. Beginners should start with major currency pairs and scientifically control leverage ratios, practicing with demo accounts to develop the correct mindset. Ultimately, they should proceed gradually to live trading.

As the fifth largest trading currency in the world, the AUD/USD exchange rate is also among the top five currency pairs by trading volume globally. Its strong liquidity and low spreads make the Australian dollar a popular choice for short- to medium-term trading and medium- to long-term positioning. More importantly, the AUD has long been regarded as a high-yield currency, making it a classic target for carry trade strategies.
However, when looking at a longer time horizon, the performance of the AUD has been quite disappointing. Starting from a high of 1.05 in early 2013, over the ten years from 2013 to 2023, the Australian dollar has depreciated by over 35% against the US dollar. During the same period, the US dollar index rose by 28.35%, and the euro, yen, and Canadian dollar also depreciated against the dollar. This indicates that the decline of the AUD is not an isolated phenomenon but a natural result of the global transition into a super cycle of a strong US dollar.
There was an exception during the COVID-19 pandemic in 2020. At that time, Australia's pandemic control was relatively stable, and demand for bulk commodities like iron ore in Asian markets was strong, coupled with the...

In recent years, the cryptocurrency market has shifted from a niche community to the mainstream. Listed companies like Tesla are increasing their crypto asset allocations, and traditional financial institutions are actively entering the space. But for those looking to enter this market, the first question is often: where should I start? Instead of blindly following the trend, it's better to first understand the market's operational logic. This article will break down the core concepts of cryptocurrency investment to help you make more rational decisions.
First Dimension: Why choose to invest in cryptocurrencies?
Compared to traditional investment assets like stocks, forex, and bonds, cryptocurrencies have unique appeal:
Volatility brings opportunities
The cryptocurrency market has less than twenty years of history and is still in rapid evolution. Unlike mature markets dominated by large institutions, this space is full of growth opportunities. High volatility means greater potential returns, while also attracting many newcomers.
Low entry barrier
The minimum investment required to purchase cryptocurrencies is typically just

RBC Capital has reaffirmed its Sector Perform rating on Home Depot (NYSE: HD) as of November 19, 2025, signaling a balanced outlook amid shifting fund dynamics. The decision reflects a complex market picture where major institutions are adjusting their positions, even as analysts project

The Japanese Yen has experienced a rollercoaster this year, appreciating at the beginning of the year, plunging mid-year, and hitting a bottom at the end of the year. The USD/JPY broke through 157, reaching a six-month low. What does this recent decline truly reflect? Will it continue to fall in the future?
Why has the Yen fallen so sharply? Three key factors revealed
Contrasting Central Bank Policies
The Bank of Japan and the Federal Reserve are taking two different paths. In January 2025, the Bank of Japan will raise its benchmark interest rate from 0.25% to 0.5%, marking the largest single rate hike since 2007. Meanwhile, the Federal Reserve is considering cutting rates, which widens the interest rate differential and directly boosts the value of the dollar. As Japan’s borrowing costs rise and U.S. borrowing costs fall, capital naturally flows into the U.S., leading to continued selling of the Yen.
Fiscal Policy Concerns
Prime Minister Fumio Kishida’s aggressive fiscal policies have attracted attention, but the market has growing doubts about Japan’s long-term fiscal sustainability. This sense of insecurity has

Preface: Why Learn About Financing?
There are many ways to buy stocks. Many beginners only know to save money to buy stocks, wait to earn dividends or capital gains. But if you have thoroughly researched a company's fundamentals, are confident it will rise or fall, yet have limited funds, how can you maximize your investment? This is when you need to use the tools of "margin financing" and "securities lending." Simply put, margin financing allows you to amplify gains when stock prices rise, while securities lending enables you to profit when stock prices fall. But don't rush to use them; first understand their mechanisms and costs, as this is the smart investor's approach.
1. The Essence of Margin Financing: The Rules of Borrowing Money to Buy Stocks
What is margin financing?
The logic of margin financing is straightforward — you don't have all the funds available but are optimistic about a particular stock, so you borrow some money from a broker to purchase it. In other words, margin financing involves investors contributing part of the funds, and brokers contributing the other part, jointly buying the stock, which then serves as collateral for the loan.

The key moment for the Bank of Japan's rate hike is approaching. The interest rate decision on December 19 will serve as a barometer for the upcoming global capital flows, with profound implications for the USD/JPY exchange rate and the cryptocurrency market.
The rate hike expectation has become a consensus, shifting focus to the "hawkishness" assessment.
The market generally expects the Bank of Japan to raise rates to 0.75%, a 30-year high. However, this rate hike is different from previous ones — it has already been largely priced in, and investors are now paying close attention to Governor Ueda Kazuo's stance on the future rate hike trajectory.
According to analyses from most institutions, the BOJ may revise its neutral interest rate estimate upward and signal more rate hikes. Currently, market pricing indicates that rates could rise to 1.0% by September 2026. However, Nomura Securities believes that such market expectations tend to be overly "dovish" — in other words, the market's anticipation of the pace of rate hikes may be too aggressive.
The butterfly effect triggered by the rate hike

For Taiwanese investors, there are two ways to enter the US stock market: through domestic brokerage firms' omnibus services or by opening an account directly with an overseas US stock broker. Each method has its advantages and disadvantages, with the core differences being in transaction fees, trading flexibility, and capital liquidity.
Omnibus vs Overseas Broker: Which is more suitable for you?
The omnibus model is the preferred choice for many conservative investors. You authorize a domestic broker (such as Jih Sun, E.SUN, Yuanta) to place orders on your behalf in overseas markets. The process is simple, with dedicated service, but the transaction fees are higher (about 0.5%), and settlement cycles are longer (buy T+1, sell T+3), making it unsuitable for frequent trading. This method is most suitable for investors making large single investments with very low trading frequency.
Opening an account with an overseas broker represents trading flexibility. You can open an account directly on the US stock broker platform, with quick settlement (T+1), low transaction fees (most are zero commission), and even support for margin trading, short selling, and other advanced features.

QXO has acquired Beacon Roofing Supply for $11 billion, becoming the largest publicly traded roofing distributor. The merger enhances QXO's growth strategy and positions it for future success in the building products sector.

Docebo Inc. (Nasdaq:DCBO; TSX:DCBO) has elevated Alessio Artuffo to the position of Chief Executive Officer and Board member, recognizing a veteran executive whose 12-year tenure with the learning platform provider has been marked by scaling operations and driving strategic expansion.
Artuffo has b

Viking Therapeutics faces challenges after disappointing quarterly results, with increased cash burn and negative analyst sentiment. Despite adequate liquidity, investors are cautious amid declining expectations and poor growth metrics.

In crypto asset trading, technical analysis is a must-have skill for many investors. The RSI indicator, as one of the most popular analysis tools in the market, has long been a beginner's introductory course. To judge market trends more accurately, learning to interpret RSI is definitely a necessary step.
So, what exactly is RSI? How does it help us determine entry and exit points? What do the commonly heard RSI divergence and RSI weakening mean? This article will briefly and clearly introduce you to this powerful technical indicator.
What is RSI (Relative Strength Index)?
RSI (Relative Strength Indicator) is a technical analysis tool used to measure the strength comparison between buyers and sellers in the market. Its core principle is to compare the magnitude of recent gains and losses of an asset to assess changes in bullish and bearish forces. As its application scope expands,

1. Understanding the Essence of Short Selling Stocks
The core logic of short selling (shorting, margin trading, shorting stocks) is simple: profit from a decline in stock prices.
Ordinary investors habitually believe that stocks only make money when they go up, but there is indeed another way to profit in the market—taking action when stocks decline. This strategy is ubiquitous in financial markets; whether it’s stocks, exchange rates, or commodities, as long as there is a downward trend, investors can use financial instruments like CFDs, margin trading, or futures to short.
The basic principle of short selling is: sell the stock first, then buy it back after the price drops, and the difference between the two prices is the profit. This is exactly the opposite of the traditional "buy first, sell later" operation. Since investors do not initially hold the stock, they need to borrow the stock from a broker, a process called "margin trading" or "short borrowing."
For example: an investor shorts gold at a position of USD, and when the gold price drops to

Entering the world of technical analysis, the RSI indicator is almost a must-learn tool for every trader. As one of the most practical technical analysis instruments in the market, RSI helps investors more accurately grasp market trends. So how exactly does RSI work? How can you identify RSI divergence and RSI weakening? This article will introduce the methods of using RSI in a simple and understandable way, guiding you to systematically understand its application.
Core Principles of the Relative Strength Index
RSI (Relative Strength Indicator) is an indicator that measures the comparison of recent market bullish and bearish forces. It reflects changes in buying and selling power by comparing the price movements of a stock or digital asset over a specific period. With the popularity of technical analysis, RSI has gradually become an important reference tool for investors to determine entry and exit points.
The reason why RSI is so widely favored is mainly due to its simple and intuitive calculation logic, which does not require complex

Want to convert your crypto assets into New Taiwan Dollars (NTD) and withdraw, but don't know which exchange to start with? This article provides a complete guide to withdrawing funds, including direct withdrawals, cross-platform transfers, and more, along with detailed comparisons of mainstream platforms like MaiCoin, BitoPro, Mitrade, and others.
Two Mainstream Solutions for Crypto Withdrawals
Taiwanese crypto investors face the core issue that not all exchanges support NTD withdrawals. Based on actual situations, there are currently two main solutions:
Solution 1: Cross-platform transfer and then withdraw
International mainstream exchanges (such as some large platforms) usually only support USD, EUR, and other major currencies for withdrawal, and cannot directly withdraw NTD. The approach here is:
Transfer process: International exchange → Platform supporting NTD withdrawals → Bank account
The advantage of this method is that it can fully utilize the liquidity and variety of currencies of large international exchanges. The disadvantage is that it involves cross-platform transfers.

The market is gearing up, ready to迎接 a new wave of volatility
The US employment report to be released on December 16 has become the focus of global investors. This report will disclose both the October non-farm payroll data and the full November non-farm payroll data at once. The market is not ignoring this—it is, in fact,提前 "digesting" the potential impact of this report on commodities, forex, and equities.
Can the non-farm data break market expectations?
Based on data expectations, October non-farm employment is expected to decrease by 10,000 jobs, but November is generally optimistic, with an expected increase of 130,000 jobs. This rebound seems significant, but Citigroup economists have poured cold water on it—they believe this rise largely results from seasonal adjustments rather than a genuine improvement in labor market demand.
In other words, the market should be cautious of the true signals behind the data.
Federal Reserve Rate Cut Expectations Become the New Focus
The latest dot plot released by the Federal Reserve shows that

Gold prices continued to be under pressure for the third consecutive trading day on Monday, as the repeated tug-of-war on the fundamentals made it difficult for the bulls to find a breakthrough opportunity. Gold (XAU/USD) briefly rose above $4100 in the early trading session but was soon met with selling pressure, lacking substantial upward momentum. The main reason behind this is the shift in the Federal Reserve's internal stance on further rate cuts—an increasing number of FOMC members are signaling caution, which directly dampens market expectations for additional rate cuts in December, thereby giving the US dollar strong upward momentum.
The appreciation of the US dollar is the main reason for the pressure on safe-haven assets
When the dollar strengthens, gold priced in dollars naturally loses its appeal. According to statistics, the probability of a 25 basis point rate cut by the Federal Reserve in December has fallen below 50%, which has put continuous pressure on gold, an asset with no yield, for the second consecutive day. Last Friday, Kansas City Federal Reserve Bank President Jeffrey Schmid's comments further reinforced this expectation—he explicitly indicated