Tue, January 31, 2023
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Commodities

Oil prices declined on Monday. Reversing earlier gains, as expectations for increased

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Oil
Commodities

Oil prices declined on Monday. Reversing earlier gains, as expectations for increased

Wibest – WTI crude: Crude oil barrels stacked on top of each other.
Commodities

After a few days of continuous contraction, WTI crude oil prices finally

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FOREX NEWS

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Euro

The Euro Remained at A Nine-Month High

The euro remained at a nine-month high against the dollar. Still, European stocks fell after regional business activity data confirmed expectations that the European Central Bank (ECB) will raise interest rates by another 50 basis points. According to a

dollar, euro,

The Dollar Started the Week at A Nine-Month Low

As market participants bet on the Federal Reserve of the United States reducing the size of its interest rate hikes for a second consecutive meeting in February, the dollar started the week testing a new nine-month low. The “quiet

dollar, euro,

The US Dollar Fell Slightly

The US dollar fell in early European trade Friday, remaining near seven-month lows amid concerns about a slowing US economy, while the sterling fell after weak retail sales data. The Dollar Index fell 0.1% to 101.750, just above the

Dollar bills and coins close up shot

Dollar Slumps after Fed Dovish Remarks

The dollar suffered from prolonged overnight losses on Thursday after the Federal Reserve Chairman Jerome Powell said that the US interest rates were just below neutral. Read more!

the US flag over a pile of dollar bills

Dollar Weakens as Risk-On Sentiment Prevails

The dollar broadly slumped on Monday as investor demand for riskier assets increased after China and the United States agreed to a ceasefire in their trade war. Read more here!

BROKER NEWS

Broker News

OvalX (ETX Capital) Faces Uncertain Future as Layoffs Begin

An industry source close to OvalX (formerly ETX Capital) has disclosed that the FX and CFDs broker may be shutting down its operations. They’re initiating layoffs following its takeover by Swiss private equity firm Guru Capital. Reports have indicated that the company has begun to let go of its

dollar

The Dollar Gains Ground

The dollar edged up in quiet trading on Wednesday as investors awaited the Federal Reserve’s policy decision next week, while the euro traded just below a nine-month high. The euro was 0.26% lower against the dollar, trading at $1.086, down from $1.093 on Friday, its highest level since early May. Meanwhile,

Euro

The Euro Remained at A Nine-Month High

The euro remained at a nine-month high against the dollar. Still, European stocks fell after regional business activity data confirmed expectations that the European Central Bank (ECB) will raise interest rates by another 50 basis points. According to a survey, eurozone business activity unexpectedly increased in January, indicating that the bloc’s

dollar, euro,

The Dollar Started the Week at A Nine-Month Low

As market participants bet on the Federal Reserve of the United States reducing the size of its interest rate hikes for a second consecutive meeting in February, the dollar started the week testing a new nine-month low. The “quiet period” for the Federal Reserve begins before its policy meeting on February

dollar, euro,

The US Dollar Fell Slightly

The US dollar fell in early European trade Friday, remaining near seven-month lows amid concerns about a slowing US economy, while the sterling fell after weak retail sales data. The Dollar Index fell 0.1% to 101.750, just above the seven-month low of 101.51 set on Wednesday. Investors anticipate the Federal Reserve

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