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OPEC Organization of the Petroleum Exporting Countries
Commodities

OPEC+ sources said that the group’s oil producers are considering reducing its

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Here is a handpicked list of the best Forex brokers in Senegal

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OPEC Organization of the Petroleum Exporting Countries
Commodities

OPEC+ sources said that the group’s oil producers are considering reducing its

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Commodities

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

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FOREX NEWS

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The Dollar Falls As The Yield Curve In The U.S. Flattens

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

Yuan

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

The British Pound fell on Thursday. What about the Aussie?

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

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

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

Chinese Yuan fell on Tuesday. What about Aussie and Kiwi?

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

The Dollar Falls As The Yield Curve In The U.S. Flattens

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,

Yuan

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

The British Pound fell on Thursday. What about the Aussie?

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

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

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