Thu, April 25, 2024
Wibest – UK Currency: The UK and EU flags in front of the UK parliament.
Economy

Quick Look: UK inflation hits a 13-month low at 2.4%, unexpectedly driven

saudi arabian
Economy

Saudi Arabia is planning to balance its state budgets over the medium

Zambia and interesting details
Economy

Countries in different parts of the world are trying to minimize the

TODAY'S FEATURED

Wibest – UK Currency: The UK and EU flags in front of the UK parliament.
Economy

Quick Look: UK inflation hits a 13-month low at 2.4%, unexpectedly driven

13 Apps Removed -Trojan Crypto Wallet Scheme, akash
Cryptocurrencies

Quick Look: Akash Network’s price rose from $4 to a peak of

CHOOSE YOUR BROKER

EDUCATION

LATEST REVIEWS

EDUCATION

THE BEST RATED BROKERS

  • exnesslogo-Logo
    Comments Rating 1.9 (395 reviews)
  • etro-Logo
    Comments Rating 4.92 (104 reviews)
  • bitstamp-Logo
    Comments Rating 4.94 (231 reviews)
  • nordfx-Logo
    Comments Rating 3.08 (3 reviews)
  • bitstamp-Logo
    Comments Rating 5 (1 review)

FOREX NEWS

FOREX NEWS

BROKER NEWS

Wibest – NZD USD: A close up of a New Zealand dollar coin.

NZD/USD Struggles at Key Resistance Levels

Quick Look: NZD/USD stalled at 0.5920 and faces resistance at 0.5940 with further hurdles at 0.6100, 0.6135, and 0.6160. Positioned below 200-hour EMA of 0.5950; RSI below 60, suggesting potential upward movement.  Cautious investor sentiment due to US inflation, geopolitical

dollar, usd/cad-american-canadian-dollars

Market Volatility Drives USD/CAD Lower

Quick Look: USD/CAD declined by 0.1%: Recent market events pushed the pair to the mid-1.3750s after a strong start in April. Diverging monetary policies and economic data from the US and Canada influence the currency dynamics. The pair’s break

Wibest – CHF Franc: New Swiss franc notes.

USD/CHF Targets 0.9173 Amid Rising Channel

Quick Look: USD to CHF consolidating near 0.9105 with a neutral bias; key resistance at 0.9152. The first potential target is 0.9173; further rise may test 0.9240. Impact of Fed’s monetary policy and Middle East tensions on currency values.

Wibest – Australian Dollar: The AUD/USD sign on a trading trading chart with a green arrow pointing upward.

Australian Dollar Rises 0.37% Despite Recent 2.2% Drop

Quick Look: The Australian dollar rose 0.37% to 0.62254 after a recent 2.2% drop. Employment slowdowns, as only 7,200 jobs appeared in March, cooling labour market signals. RBA rate decision pending; Next meeting on May 7, influenced by Q1

gold

Gold, Silver Up Rs 10, Rs 100 Amid Global Strife

Quick Look: Gold (XAU) prices rose by Rs 10 per 10 grams, and silver increased by Rs 100 per kilogram in India. Global issues, notably Middle East conflicts, pushed USold to $2,369.93 per ounce. Market sentiment shows that 78%

IMF Forecasts 3.2% Global Growth in 2024

Quick Look:  IMF revises the 2024 global growth forecast by 0.1%, maintaining a stable outlook amidst global challenges. Advanced economies like the US and the Eurozone show positive indicators, surpassing pre-COVID levels. Geopolitical tensions, inflation risks, and differing central

Wibest – Australian Dollar: The AUD/USD sign on a trading trading chart with a green arrow pointing upward.

Australian Dollar Rises 0.37% Despite Recent 2.2% Drop

Quick Look: The Australian dollar rose 0.37% to 0.62254 after a recent 2.2% drop. Employment slowdowns, as only 7,200 jobs appeared in March, cooling labour market signals. RBA rate decision pending; Next meeting on May 7, influenced by Q1

Five superpowers ruling the world

2023/24 Global Economy: 3% Growth Amidst Conflict

Quick Look: Global Growth Projections: IMF predicts growth of 3% in 2023 and 2.9% in 2024. Geopolitical Tensions: Ongoing conflict in the Middle East escalates oil prices. Inflation Concerns: High inflation rates prompt fears of continued tight monetary policy.

BROKER NEWS

Wibest – UK Currency: The UK and EU flags in front of the UK parliament.

UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops

Quick Look: UK inflation hits a 13-month low at 2.4%, unexpectedly driven down by lower airfares. Bank of England may delay rate hikes, with shifting odds now favouring a rise by August. Economic signs mixed, with factory costs up but pound strength and job market stability noted. In a

New Zealand and The influence of coronavirus

New Zealand Back to Recession: GDP Falls 0.1%

Quick Look New Zealand’s economic contraction by 0.1% in the last quarter of 2023. The per capita economy shrank by 0.7% in the same period. A record migration intake of 141,000 in 2023 amidst economic downturns. The upcoming national budget may introduce significant adjustments in response to the

biflation

Biflation: The Economic Paradox

In the vast tapestry of economic phenomena, few concepts capture the complexity and nuance of our economic system quite like biflation. This term, coined by Dr. F. Osborne Brown in 2003, offers a window into an economic anomaly that defies conventional wisdom. The term tells the story of

banknotes at ATM

BoJ Shifts Gear: Ends NIRP, Raises Rates First Time in 16 Years

Quick Look The BoJ has announced significant changes to its monetary policy, marking a departure from the negative interest rates since 2016. For the first time since 2007, the BoJ raised borrowing costs, setting short-term interest rates at about 0% to 0.1%. The policy adjustments include the end

South Korea

South Korea’s Corp Reform: A Battle Against the Discount

Quick Look South Korea introduces the Corporate Value-up Programme to mitigate the “Korea Discount” and stimulate stock market valuations. The National Pension Service (NPS), the world’s third-largest pension fund, awaits details to adjust asset allocation. Comparisons with Japan’s market reforms spotlight potential benefits and investor scepticism regarding South

US Economy Surges 3.3% in Q4

Robust Economic Growth, Challenges, Predictions of Recession The U.S. economy delivered a stunning performance, expanding at an annualized rate of 3.3% in the final quarter of 2023, according to the Commerce Department’s report on

THE MOST COMMENTED BROKERS

  • Multi bank group logo
    Comments Rating 4.66 (46 reviews)
  • UptrendCenter-logo
    Comments Rating 4.5 (152 reviews)
  • Soltechx-logo
    Comments Rating 4.78 (70 reviews)
  • trader-house
    Comments Rating 4.52 (55 reviews)
  • FxRevenues logo
    Comments Rating 4.49 (167 reviews)