Mon, October 03, 2022
OPEC Organization of the Petroleum Exporting Countries
Commodities

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

OPEC Organization of the Petroleum Exporting Countries
Commodities

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

smart glasses
Technology

According to Facebook CEO Mark Zuckerberg’s announcement on March 9, by 2030,

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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

Oil
Commodities

The oil price increased by around $2 per barrel on Tuesday from

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FOREX NEWS

FOREX NEWS

BROKER NEWS

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

Will the Dollar Break Below 20 Years Threshold?

As the market prepared for yet another aggressive rate rise by the Federal Reserve, the U.S. dollar slipped down in early European trade on Tuesday. Still, it maintained its proximity to a 20-year high. The Dollar Index compares the

Dollar vs Yuan

Yuan Dips Beyond Milestone, Will Dollar Dip Continue?

Investors anticipated the U.S. Fed to be proactive when it raises interest rates next week, which led to the dollar index’s tiny decline on Friday but gain for the week. Meanwhile, the Chinese yuan fell through the crucial 7

Yen Resumes Its Downward Trend, Will It Recover Soon?

The US dollar rose in early European trading on Thursday as buyers readjusted their positions ahead of next week’s Fed meeting. The yen also struggled to maintain the uptrend of the previous session. The Dollar Index compares the dollar’s

Dollar, Fed

CPI Statistics Stabilize the Dollar

Early on Wednesday in European trading, the U.S. dollar steadied. The new U.S. inflation data boosted the dollar. The Dollar Index (DXY) measures the dollar’s value against six currencies. It was steady at 109.510 at 03:00 ET (07:00 GMT);

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

Will the Dollar Break Below 20 Years Threshold?

As the market prepared for yet another aggressive rate rise by the Federal Reserve, the U.S. dollar slipped down in early European trade on Tuesday. Still, it maintained its proximity to a 20-year high. The Dollar Index compares the

Dollar vs Yuan

Yuan Dips Beyond Milestone, Will Dollar Dip Continue?

Investors anticipated the U.S. Fed to be proactive when it raises interest rates next week, which led to the dollar index’s tiny decline on Friday but gain for the week. Meanwhile, the Chinese yuan fell through the crucial 7

Yen Resumes Its Downward Trend, Will It Recover Soon?

The US dollar rose in early European trading on Thursday as buyers readjusted their positions ahead of next week’s Fed meeting. The yen also struggled to maintain the uptrend of the previous session. The Dollar Index compares the dollar’s

Dollar, Fed

CPI Statistics Stabilize the Dollar

Early on Wednesday in European trading, the U.S. dollar steadied. The new U.S. inflation data boosted the dollar. The Dollar Index (DXY) measures the dollar’s value against six currencies. It was steady at 109.510 at 03:00 ET (07:00 GMT);

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

Oil prices and tensions

Oil Prices at An 8-Month Low

Following a steep decline last week, oil prices remained close to eight-month lows on Monday as investors worried that a weakening global economy would reduce demand for petroleum. By 21:30 E.T., U.S. West Texas Intermediate futures were steady at $78.67 per barrel, and London-traded Brent oil futures were

Climate Chance

How Is Climate Change Impacting Farm and Food?  

Agri-food companies could lose up to 1/4 of their value by 2030 if they don’t adapt to new regulations and consumer trends related to climate change. Research presented on Tuesday examined 40 large companies. The companies, including food retailers and agricultural producers, could fare under scenarios called “key

Rate Cuts Crash Yuan

The yuan slipped below a key level on Monday after further easing of monetary policy. Other Asian currencies fell in anticipation of a Federal Reserve meeting later this week. The yuan saw a 0.4% drop. It traded at 7.0080 against the dollar. The Chinese currency crossed the significant

Putin Mobilizes More Soldiers, Oil Prices Surge

Oil prices rose more than 2 percent on Wednesday after Russian President Vladimir Putin announced a partial military mobilization that escalated Ukraine’s civil war and raised concerns about falling oil and gas supplies. After losing $1.38 the day before, Brent oil futures increased $2.28, or 2.5%, to $92.90

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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