SnapNewsForex Newsletter - October 14, 2024
BrokersView Abu Dhabi Forex Summit 2024
The BrokersView Abu Dhabi Forex Summit 2024, held on October 11-12, 2024, at the Conrad Abu Dhabi, has concluded successfully. Here are some key highlights from the event:
- Insightful Discussions and Networking: The summit featured over 60 professional speakers and 120+ exhibitors, providing valuable insights and networking opportunities for the 10,000+ attendees.
- Special Guests: Prominent figures such as Kumar Manglam, Carl Kajouni, Nihal Raj, and Katerina Malioti shared their expertise in forex and cryptocurrency trading, corporate banking, marketing, and compliance.
- Roundtable Conferences: Various roundtable discussions were held, focusing on topics like balancing profitability and sustainability in forex trading, Gen Z trading strategies, and navigating client service challenges in the digital age.
- Sponsorship and Exhibitions: The event saw participation from several sponsors, including WinproFX, Aus Global, Traders Hub, and FastBull, among others, who showcased their services and products.
Key Takeaways and Trends
- Future Directions in FX Industry: Speakers discussed future trends in the FX industry, including the role of AI and algorithmic trading. Nenad Naumovic from OEXN and Momen Madhat, Founder & CEO, highlighted these topics.
- Global Economic Trends: A roundtable conference focused on understanding global economic trends and their impact on forex and crypto trading, moderated by Roberto d’Ambrosio.
- Financial Education: The importance of financial education before starting a trading career was emphasized by speakers like Fahad A Ibrahim and Amir Masoud Amidian.
Weekly Forex Forecast
Looking ahead to the week of October 14-19, 2024, here are some key points from the weekly forex forecast:
- EUR/USD and NASDAQ 100: Analysts predict potential movements in EUR/USD and NASDAQ 100 based on technical analysis and economic indicators.
Essential Forex Tools for 2024
For traders aiming to enhance their trading success in 2024, here are some essential tools to consider:
- Technical Analysis Tools: Utilize charts, indicators, and other technical analysis tools to make informed trading decisions.
- Economic Calendar: Stay updated with economic events and their potential impact on currency rates.
- Risk Management Tools: Implement robust risk management strategies to balance profitability and sustainability.
Industry Updates
- Spotware CMO Leaves: Recent news includes the departure of Spotware's CMO, highlighting changes in the retail forex landscape.
- ATFX Investment: ATFX has invested in an eFX provider, reflecting ongoing developments in the forex industry.
References: BrokersView Abu Dhabi Forex Summit 2024 - Eventbrite: BrokersView Finance Expo Abu Dhabi 2024: BrokersView Expo Abu Dhabi Concludes Successfully, Looking ...: BROKERSVIEW EXPO ABU DHABI 2024 - Coinpedia Events: BrokersView Finance Expo Abu Dhabi | Abu Dhabi forex summit 2024
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