Wed, February 21, 2024
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Quick Look Standard Chartered forecasts a significant call on OPEC at 1.8

With the cryptocurrency market's rise, Saxo's crypto offerings have increased in demand.
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Ethereum Dominates While Competitors Grow Rapidly
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Quick Look Bitcoin surged early in the month, crossing the $50,000 mark,

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Commodities

Quick Look Standard Chartered forecasts a significant call on OPEC at 1.8

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Commodities

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

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Dollar surged forward

Global Currency Shifts: Dollar Inflation & Yen’s 6% Dive

Quick Look U.S. inflation remains persistent, complicating the Federal Reserve’s easing cycle timeline. The yen struggles around 150 per dollar, facing a significant yearly decline amidst speculation. The dollar index exhibits resilience, climbing 3% this year amid changing rate

Wibest Broker-Currency Pairs: Compass pointing north to the Dollar

Forex Update: Dollar Dips 0.4%, Gold Soars Past $2000

Quick Look US Dollar Index drops 0.4% ahead of key economic data releases. Retail Sales in the US declined by 0.8%; Initial Jobless Claims slightly improved. UK Retail Sales see a surprising 3.4% increase in January. Central banks in

The Dollar Rises As Rising Inflation Signals Rate Hikes

Global Markets React to Economic Shifts & Data

Key Economic Updates Across the Global Markets The USD Index (DXY) ended Wednesday in the red, reversing Tuesday’s gains. UK GDP shrank by 0.2% annually in Q4, missing the expected 0.1% growth. Australian unemployment increased to 4.1% in January,

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

Unlock Success: Marketrocks’ 2000+ Trading Instruments

Embarking on a narrative about Marketrocks, we delve into the essence of what makes this trading platform a beacon for investors navigating the tempestuous seas of the financial markets. This reimagined exploration aims to present a distinct perspective. It focuses on the platform’s innovative approach, its commitment to inclusivity,

USD money

5% US 2-Year Yield Battle: 2023’s Market Outlook

Quick Look US 2-year Yield remains static above 5%, with market positioning aggressively net-short. Federal Reserve’s policy is expected to maintain the target range at 5.25% – 5.50% in the near term. A significant reduction in net-short exposure for US 2-Year Notes, hinting at potential yield declines. Technical analysis suggests a

Dollar surged forward

Global Currency Shifts: Dollar Inflation & Yen’s 6% Dive

Quick Look U.S. inflation remains persistent, complicating the Federal Reserve’s easing cycle timeline. The yen struggles around 150 per dollar, facing a significant yearly decline amidst speculation. The dollar index exhibits resilience, climbing 3% this year amid changing rate cut expectations. Economic indicators highlight ongoing inflationary pressures, with mixed signals from

Wibest Broker-Currency Pairs: Compass pointing north to the Dollar

Forex Update: Dollar Dips 0.4%, Gold Soars Past $2000

Quick Look US Dollar Index drops 0.4% ahead of key economic data releases. Retail Sales in the US declined by 0.8%; Initial Jobless Claims slightly improved. UK Retail Sales see a surprising 3.4% increase in January. Central banks in Japan and New Zealand reiterate monetary policy stances. Significant currency movements were

The Dollar Rises As Rising Inflation Signals Rate Hikes

Global Markets React to Economic Shifts & Data

Key Economic Updates Across the Global Markets The USD Index (DXY) ended Wednesday in the red, reversing Tuesday’s gains. UK GDP shrank by 0.2% annually in Q4, missing the expected 0.1% growth. Australian unemployment increased to 4.1% in January, with minimal job growth. Japan’s economy contracted by 0.1% in Q4, indicating

Broker News

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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