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

In addition to indicators of a probable rise in gasoline stocks in

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FOREX NEWS

FOREX NEWS

BROKER NEWS

Forex traders adopted risk-off sentiment on Tuesday

Forex Market Overview: How Are USD And EUR Holding Up?

The forex market worries investors. The euro fell to a fresh 20-year low on Wednesday as fears of rising energy prices and possible shortages cast a shadow over the eurozone economy, while demand for safe-haven assets pushed the dollar

Baht

Asia’s Exchange Markets on a Rise, Thai Baht Leads The Way

The Thai baht and Malaysian ringgit led advances among developing Asian currencies on Thursday, as the dollar fell after the US Federal Reserve hiked rates by an expected 50 basis points but lowered its rate-hike forecast. The baht (THB=TH)

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

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

On Wednesday, the dollar index fell further from 20-year highs, with the US Federal Reserve expected to hike interest rates by a half-point later in the day and by 250 points. After experiencing wild gyrations in recent weeks, currency

rouble

Kherson ResistsThe Russian Rouble Amid War

According to Russia-backed troops that have taken control of Kherson in southern Ukraine, the Russian rouble will be used starting Sunday.   However, Kherson’s Ukrainian mayor, Ihor Kolykhaiev, who was recently deposed by Russian authorities, has stated that he

Forex traders adopted risk-off sentiment on Tuesday

Forex Market Overview: How Are USD And EUR Holding Up?

The forex market worries investors. The euro fell to a fresh 20-year low on Wednesday as fears of rising energy prices and possible shortages cast a shadow over the eurozone economy, while demand for safe-haven assets pushed the dollar

Baht

Asia’s Exchange Markets on a Rise, Thai Baht Leads The Way

The Thai baht and Malaysian ringgit led advances among developing Asian currencies on Thursday, as the dollar fell after the US Federal Reserve hiked rates by an expected 50 basis points but lowered its rate-hike forecast. The baht (THB=TH)

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

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

On Wednesday, the dollar index fell further from 20-year highs, with the US Federal Reserve expected to hike interest rates by a half-point later in the day and by 250 points. After experiencing wild gyrations in recent weeks, currency

rouble

Kherson ResistsThe Russian Rouble Amid War

According to Russia-backed troops that have taken control of Kherson in southern Ukraine, the Russian rouble will be used starting Sunday.   However, Kherson’s Ukrainian mayor, Ihor Kolykhaiev, who was recently deposed by Russian authorities, has stated that he

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

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 value against six other currencies. It rose 0.2% to

Oil

Demand Fears Push Oil Value Even Lower

On Thursday, the attention shifted away from potential supply disruption and toward weak demand worries about a significant build-up in crude inventories in the US and a strong currency. As a result, oil prices began to drift lower. By 0636 GMT, the benchmark Brent crude futures contract had

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); after rising 1.5% overnight. In particular, the so-called “core

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 last week. The U.S. CPI for August will be

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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