Fri, August 19, 2022
Oil Declines Following Disappointing Chinese Data
Commodities

Brent crude futures dropped $3.49, or 3.56%, to $94.66 a barrel by

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Oil Declines Following Disappointing Chinese Data
Commodities

Brent crude futures dropped $3.49, or 3.56%, to $94.66 a barrel by

oil pump – wibestbroker
Commodities

WTI crude prices dropped amid the uncertainty over phase one trade deal

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FOREX NEWS

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Baht

Asia’s Exchange Markets on a Rise, Thai Baht Leads The Way

The Thai baht and Malaysian ringgit led advances among developing Asian currencies on Thursday, as the dollar fell after the US Federal Reserve hiked rates by an expected 50 basis points but lowered its rate-hike forecast. The baht (THB=TH)

The Dollar At 20-Year Highs, And Might Headed For Higher

The Dollar At 20-Year Highs, And Might Headed For Higher

On Wednesday, the dollar index fell further from 20-year highs, with the US Federal Reserve expected to hike interest rates by a half-point later in the day and by 250 points. After experiencing wild gyrations in recent weeks, currency

rouble

Kherson ResistsThe Russian Rouble Amid War

According to Russia-backed troops that have taken control of Kherson in southern Ukraine, the Russian rouble will be used starting Sunday.   However, Kherson’s Ukrainian mayor, Ihor Kolykhaiev, who was recently deposed by Russian authorities, has stated that he

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

Global Brokerage: 22% Net Revenue Rise to $37.8M in Q2-2022

Global Brokerage Inc., which owns FXCM, an online forex trading and contract for difference (CFD) broker, saw a 21.6% growth in its net revenue during the second quarter of 2022. Net revenue in the quarter was $37.83 million, significantly increasing from $31.1 million during the first quarter. Global Brokerage

Forex traders adopted risk-off sentiment on Tuesday

Forex Market Overview: How Are USD And EUR Holding Up?

The forex market worries investors. The euro fell to a fresh 20-year low on Wednesday as fears of rising energy prices and possible shortages cast a shadow over the eurozone economy, while demand for safe-haven assets pushed the dollar to a fresh 20-year high. Equinor (EQNR.OL) said that all oil and

Baht

Asia’s Exchange Markets on a Rise, Thai Baht Leads The Way

The Thai baht and Malaysian ringgit led advances among developing Asian currencies on Thursday, as the dollar fell after the US Federal Reserve hiked rates by an expected 50 basis points but lowered its rate-hike forecast. The baht (THB=TH) rose 0.9 percent to its highest level since October 2021, followed by

The Dollar At 20-Year Highs, And Might Headed For Higher

The Dollar At 20-Year Highs, And Might Headed For Higher

On Wednesday, the dollar index fell further from 20-year highs, with the US Federal Reserve expected to hike interest rates by a half-point later in the day and by 250 points. After experiencing wild gyrations in recent weeks, currency markets have settled down to await the Fed’s announcement and Chairman Jerome

rouble

Kherson ResistsThe Russian Rouble Amid War

According to Russia-backed troops that have taken control of Kherson in southern Ukraine, the Russian rouble will be used starting Sunday.   However, Kherson’s Ukrainian mayor, Ihor Kolykhaiev, who was recently deposed by Russian authorities, has stated that he does not believe this will be feasible because the region’s sole functioning

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