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Quick Look: Natural gas trends bullish at $2.01; potential resistance up to

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Weekly Market Overview: Forex, Stocks, Crypto, Commodities. Kucoin, near
Cryptocurrencies

Quick Look: NEAR Protocol sees a strong price rally, currently trading at

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gas
Commodities

Quick Look: Natural gas trends bullish at $2.01; potential resistance up to

zinc and copper
Commodities

Quick Look Zinc futures soared to a 5-week high amid output cuts

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FOREX NEWS

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Wibest – Yen exchange rate: USD and JPY bills.

USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies

Quick Look: Bank Of Japan decision led USD/JPY to hit a 34-year high; the FY 2024 growth forecast was revised to 0.8%. April’s 1.8% increase fell short of expectations, impacting inflation outlook and policy. Despite slow Q1 GDP growth,

usd/chf Franc: New Swiss franc bills.

USD/CHF Climbs to 0.9150 on US-Swiss Policy Shifts

Quick Look: USD/CHF stabilises with key support and resistance levels noted; potential for a bullish trend on breaking 0.9243. US Fed is likely to maintain rates; Swiss National Bank cut rates, with more cuts expected. The US shows mixed

The Canadian Dollar (USD/CAD) Stable, Russia Faces Penalties

USD/CAD Market Trends: Key Financial Events

Quick Look: USD/CAD nears key resistance at 1.36840-1.36860; support at 1.36720-1.36750. This week’s key events include US economic reports, Bank of Canada, and Federal Reserve rate decisions.  Oil prices affect CAD; treasury yields and buying interest boost USD. The

United states dollar

US Dollar Nears 10-Week Highs Ahead of US Growth Report

The dollar was near a 10-week high on Friday as investors anticipated the US economic growth figures’ impact on its continuing strength that has been going on for months in the forex world. US President Trump has been outspoken

United states dollar

Dollar Goes Up Against other Currencies on Bullish Data

The dollar edged higher against a basket of its key rivals on Monday, not far from a 10-week high following that data that showed US economic growth slowed less than expected and as global risk sentiment stayed fragile. The

Euro Slides on German Chancellor News

Euro Slides on German Chancellor News

The euro weakened on Monday after a report said that German Chancellor Angela Merkel will not seek re-election as party chairwoman, marking the end of a 13-year era in which she has dominated European politics.   [img desc: Angela

BROKER NEWS

Broker News

Admirals UK Achieves Profit Turnaround in 2023

Admirals (formerly known as Admiral Markets), based in the UK, ended 2023 on a high note by earning a net profit of over £46,000. It was a significant improvement from a nearly £291,000 loss the year before.  The company’s revenue soared by 40% to £8.4 million. Despite higher administrative

euro (EUR), European currencies rallied on Monday. What about Dollar?

EUR/USD Faces 3.4% Drop Amid US and EU Economic Shifts

Quick Look: EUR/USD faces a pivotal week with key US and EU economic indicators. Resistance and support identified: Resistance at 1.0754, Support at 1.0654. Upcoming US inflation data and central bank decisions are critical for the short-term outlook. The EUR/USD currency pair is moving toward a crossroads, facing challenges and opportunities.

Wibest – Yen exchange rate: USD and JPY bills.

USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies

Quick Look: Bank Of Japan decision led USD/JPY to hit a 34-year high; the FY 2024 growth forecast was revised to 0.8%. April’s 1.8% increase fell short of expectations, impacting inflation outlook and policy. Despite slow Q1 GDP growth, the dollar attracts investors; USD/JPY faces resistance near 160.00. The financial landscape

usd/chf Franc: New Swiss franc bills.

USD/CHF Climbs to 0.9150 on US-Swiss Policy Shifts

Quick Look: USD/CHF stabilises with key support and resistance levels noted; potential for a bullish trend on breaking 0.9243. US Fed is likely to maintain rates; Swiss National Bank cut rates, with more cuts expected. The US shows mixed signals with stable PMIs; the Swiss economy weakens with low inflation and

The Canadian Dollar (USD/CAD) Stable, Russia Faces Penalties

USD/CAD Market Trends: Key Financial Events

Quick Look: USD/CAD nears key resistance at 1.36840-1.36860; support at 1.36720-1.36750. This week’s key events include US economic reports, Bank of Canada, and Federal Reserve rate decisions.  Oil prices affect CAD; treasury yields and buying interest boost USD. The USD/CAD pair has recently undergone noteworthy fluctuations in the dynamic landscape of

Dukascopy’s Trading Revenue Takes an 80% Hit in H1

The Swiss-based Dukascopy today made its interim consolidated income statement public. The report showed a sharp 80% plunge in profits, dropping to CHF 889,000 in H1 of this year from CHF 3.9 million during

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