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 prices and tensions
Commodities

Following a steep decline last week, oil prices remained close to eight-month

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FOREX NEWS

FOREX NEWS

BROKER NEWS

Dollar bills

U.S. CPI Sets a Lower Start for U.S. Dollar

Before the much-awaited U.S. inflation data publication, the dollar dropped in European trade this Tuesday.   The Dollar Index was trading 0.3% down at 107.803 at 03:05 ET (07:05 GMT), extending a decline from the 20-year high of 110.79

Dollar Euro

Euro Recovers Against Dollar

A few weeks back, EUR/USD hit 1.0, and it has been floating around that spot ever since. With a combined growth in the US and a decline in the EU, the two currencies were more or less equalized and

China sees growth in consumer spending

Chinese Economy Booming with $306 Billion Corporate Credit

In its yuan credit market, China has recently raced ahead of the US for corporate bond sales, a remarkable change that emphasizes the growing influence of the two nations’ divergent monetary policies. According to statistics, non-financial companies issued more

Dollar bills

U.S. CPI Sets a Lower Start for U.S. Dollar

Before the much-awaited U.S. inflation data publication, the dollar dropped in European trade this Tuesday.   The Dollar Index was trading 0.3% down at 107.803 at 03:05 ET (07:05 GMT), extending a decline from the 20-year high of 110.79

Dollar Euro

Euro Recovers Against Dollar

A few weeks back, EUR/USD hit 1.0, and it has been floating around that spot ever since. With a combined growth in the US and a decline in the EU, the two currencies were more or less equalized and

China sees growth in consumer spending

Chinese Economy Booming with $306 Billion Corporate Credit

In its yuan credit market, China has recently raced ahead of the US for corporate bond sales, a remarkable change that emphasizes the growing influence of the two nations’ divergent monetary policies. According to statistics, non-financial companies issued more

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

Rate Hikes Loom Over Oil Market

In addition to indicators of a probable rise in gasoline stocks in the United States, traders were concerned that the Federal Reserve’s widely anticipated interest rate hike would put further pressure on crude demand, contributing to the oil prices’ continued declines on Wednesday. By 20:37 ET, U.S. crude

Yen

Will Japan Step Up to Save Yen?

Just over half of the economists predict that Japan would not step in to stop the yen’s drop, while a fifth suggested that intervention could be necessary if the yen fell below 150 to the dollar. The yen has lost nearly 20 percent against the dollar this year.

Oil prices

Will The Uptrend in The Oil Market Continue?

Tuesday saw a slight increase in oil prices as OPEC+ continued to produce less than their quotas. However, prices were still on track to decline for a fourth consecutive month due to expectations of another increase in U.S. interest rates, which could slow economic growth and fuel demand.

What Is Keeping Web3 from Adoption?

According to the CEO of Trust Wallet, W3 faces three obstacles to being massively adopted. He mentioned that the present bear market may provide the Web3 sector a chance to resolve customer issues before the next bull market. Web3 may someday see widespread acceptance, but Trust Wallet CEO

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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