OPEC+ sources said that the group’s oil producers are considering reducing its
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OPEC+ To Cut the Output By 0.5-1 Million BPD
OPEC+ sources said that the group’s oil producers are considering reducing its output target at a meeting on Octob
How Is PBOC Warning Shaping the Chinese Currency Market?
After the central bank warned against speculative trading and large one-way bets on the currency, the Chinese yuan rebou
Gold Moves Below The $1,650 Threshold
Following a remarkable recovery from multi-year lows, gold prices slightly declined on Thursday as investors remained ca
Sterling Sinks Further Down While the Dollar Surges Higher
Early on Thursday in European trade, the U.S. dollar continued its upward trend as sterling fell as the relief rally tri
Warner Music Group collaborates with OpenSea to expand artist Web3 opportunities. Selecting
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OPEC+ sources said that the group’s oil producers are considering reducing its
WTI crude prices dropped amid the uncertainty over phase one trade deal
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OPEC+ To Cut the Output By 0.5-1 Million BPD
Gold Moves Below The $1,650 Threshold
Oil Finally Recovers from Months Low
OPEC+ To Cut the Output By 0.5-1 Million BPD
Gold Moves Below The $1,650 Threshold
Oil Finally Recovers from Months Low
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How Is PBOC Warning Shaping the Chinese Currency Market?
After the central bank warned against speculative trading and large one-way bets
Sterling Sinks Further Down While the Dollar Surges Higher
Early on Thursday in European trade, the U.S. dollar continued its upward trend as sterling fell as the relief rally triggered by the Bank of England’s intervention in the bond market fizzled out. The Dollar Index, which measures the
The Yuan Declines as Asian Equities Fall Even Further
Most Asian currencies modestly increased on Tuesday as the dollar’s run below 20-year highs halted. At the same time, the Chinese yuan declined to a new two-year low. The Singapore dollar increased by 0.2%, while the Japanese yen and
British Pound at A Record Low
As local Treasury rates rose on Tuesday, the British pound rose from record lows. Attention is now firmly fixed on prospective policy moves by the Bank of England (BoE) to stabilize local currency markets. After falling to a record
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
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
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
Dollar Rallies on Risk-Averse Global Sentiment
The dollar experienced massive gains as investors flocked the world’s most liquid currency on fears of a slowdown in global economic growth. Read more here!
BROKER NEWS
FxPro UK Reports 48% Revenue Drop in 2021
FxPro UK Limited, the FCA-regulated subsidiary of the Cyprus-based group, published its financials for the fiscal year 2021, ending on December 31. The report showed that the broker’s revenue decreased 48 percent to £900,365 from more than £1.7 million in the previous fiscal year. With only £36,440 of other
FxPro UK Reports 48% Revenue Drop in 2021
ThinkMarkets UK Records Profit Jump Despite 38% Revenue Dip
Trade.com Gets License in Dubai, Eyes for US and Italy
eToro Launches Australian Stocks Portfolio
CMC Markets Renews Blues Sponsorship for 3 More Years
Bricknode Obtains SEK 5 million Loan to Open a Brokerage.
How Is PBOC Warning Shaping the Chinese Currency Market?
After the central bank warned against speculative trading and large one-way bets on the currency, the Chinese yuan rebounded Thursday from a 14-year low versus the dollar reached in the previous session, ending eight days of losses. The People’s Bank of China (PBOC) maintained that the yuan has a strong foundation
Sterling Sinks Further Down While the Dollar Surges Higher
Early on Thursday in European trade, the U.S. dollar continued its upward trend as sterling fell as the relief rally triggered by the Bank of England’s intervention in the bond market fizzled out. The Dollar Index, which measures the value of the U.S. dollar against a basket of six other currencies,
The Yuan Declines as Asian Equities Fall Even Further
Most Asian currencies modestly increased on Tuesday as the dollar’s run below 20-year highs halted. At the same time, the Chinese yuan declined to a new two-year low. The Singapore dollar increased by 0.2%, while the Japanese yen and Indian rupee gained 0.3%. The New Zealand dollar outperformed all other currencies
British Pound at A Record Low
As local Treasury rates rose on Tuesday, the British pound rose from record lows. Attention is now firmly fixed on prospective policy moves by the Bank of England (BoE) to stabilize local currency markets. After falling to a record low of $1.0327 on Monday, the pound increased 0.7% to $1.0764 by
FxPro UK Reports 48% Revenue Drop in 2021
FxPro UK Limited, the FCA-regulated subsidiary of the Cyprus-based group, published its financials for the fiscal year 2021, ending on December 31. The report showed that the broker’s revenue decreased 48 percent to £900,365
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