Key Points Gold’s Resurgence: Gold prices rebounded above $2,500 per ounce amid
The EU-monitored entity IC Markets Ltd allegedly onboarded traders, offering 1000:1 leverage
Tech Stocks Drop: Nasdaq Down 1.1% Ahead of Nvidia Earnings
Quick Overview Market Dip: Tech stocks led a market decline, with Nasdaq dropping over 1.1%, driven by concerns ahead of
Gold Rebounds to $2,500 Amid Fed Rate Cut Speculations
Key Points Gold’s Resurgence: Gold prices rebounded above $2,500 per ounce amid speculation of Federal Reserve rat
August Volatility: $250 Billion in FX Carry Trades Unwound
Quick Look Market Turbulence: Early August saw a brief but intense spike in market volatility due to unwinding leveraged
Nvidia’s Earnings May Trigger $300 Billion Market Shift
Quick Overview Anticipated Market Swing: Nvidia’s upcoming earnings report is expected to cause a potential $305 b
Quick Look: Crossover Markets raised $12M, led by Illuminate Financial and DRW
TODAY'S FEATURED
Key Points Gold’s Resurgence: Gold prices rebounded above $2,500 per ounce amid
Quick Look: WTI crude oil fell to around $80 per barrel, the
LIVE FOREX CHART
Oil Prices Drop on Worries over Possible Oversupply
Oil Prices Fall as Future Growth Blurs
China Traders Play Down New Feed Guidelines
Gold Rebounds to $2,500 Amid Fed Rate Cut Speculations
Silver’s Pullback from $30.19: What’s Next for XAG/USD?
Middle East Tensions Drive Oil Prices Up 0.75% to $75.39
EDUCATION
CHOOSE YOUR BROKER
Andrew Tate’s DADDY Token Surges to $300M Market Cap
Manta Foundation Launches $50M Eco Fund for Blockchain
Advanced ETF Trading Strategies for Newbies
Fundamental Analysis: Key to Lucrative Investments
Advanced Futures Trading: A Comprehensive Guide
THE BEST RATED BROKERS
Comments Rating 1.88 (401 reviews)
Comments Rating ( reviews)
Comments Rating ( reviews)
Comments Rating ( reviews)
Comments Rating ( reviews)
FOREX NEWS
FOREX NEWS
BROKER NEWS
Japan’s Struggles Amid Dollar’s 160 Yen Surge
Quick Overview US Dollar Dominance: The US dollar’s central role in global
Ethiopia’s NBE Suspends 12 Banks in Forex Crackdown
Quick Overview NBE’s Regulatory Crackdown: The National Bank of Ethiopia (NBE) suspended the forex licenses of 12 banks to combat under-invoicing and enhance market transparency. Free-Floating Exchange Rate: Ethiopia transitioned to a free-floating exchange rate system, marking a significant
Raiffeisen Bank Halts Foreign Transfers in Russia Amid Pressure
Quick Overview Suspension Of Foreign Currency Transfers: Starting September 2, 2024, Raiffeisen Bank in Russia will halt foreign currency transfers for most clients, excluding large and international businesses. Response To ECB Pressure: The move aligns with increasing pressure from
The Rise of CBDCs: Transforming Money for a Digital Era
Key Points Definition & Control: CBDCs are digital versions of fiat currencies issued and regulated by central banks, unlike decentralized cryptocurrencies. Purpose: CBDCs aim to modernize the financial system, enhance efficiency, and maintain monetary sovereignty in a digital era.
Greenback Steady on Trump’s Comments on Trade War
The greenback was steady on Tuesday as fresh concerns about the US-China trade war buoyed safe haven currencies. Read more!
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!
Dollar Cautious Ahead of Trump-Xi Meeting
The dollar took tentative trades in cautious Friday trade ahead of the meeting of US and Chinese leader . Read more here!
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
LCG UK Boosts Revenue by 25% while Net Loss Shoots by 30% in 2022
London Capital Group Limited is a victim of the troubled FlowBank, but its board is working to see profitability in 2024. The company reported a notable revenue increase in 2022, but the net loss escalated by 30%. LCG Net Loss Deepens in 2022 The FlowBank-owned London Capital Group
ParFX 84% Annual Net Profit Drop as Custom Base Declines
OANDA Appoints James Abbott as the London Office CRO
Saxo Bank Foreign Exchange Demand Decline
FCA Places Limitations on LCG Amid FlowBank Bankruptcy
Japan’s Struggles Amid Dollar’s 160 Yen Surge
Quick Overview US Dollar Dominance: The US dollar’s central role in global finance challenges advanced economies, notably Japan; Yen Depreciation: Diverging US and Japanese monetary policies have weakened the yen dramatically despite interventions; US Scrutiny: The US Treasury has placed Japan on a “monitoring list” for potentially unfair foreign exchange practices;
Ethiopia’s NBE Suspends 12 Banks in Forex Crackdown
Quick Overview NBE’s Regulatory Crackdown: The National Bank of Ethiopia (NBE) suspended the forex licenses of 12 banks to combat under-invoicing and enhance market transparency. Free-Floating Exchange Rate: Ethiopia transitioned to a free-floating exchange rate system, marking a significant economic policy shift to modernize the economy. Real-Time Monitoring: NBE implemented a
Raiffeisen Bank Halts Foreign Transfers in Russia Amid Pressure
Quick Overview Suspension Of Foreign Currency Transfers: Starting September 2, 2024, Raiffeisen Bank in Russia will halt foreign currency transfers for most clients, excluding large and international businesses. Response To ECB Pressure: The move aligns with increasing pressure from the European Central Bank, urging Raiffeisen to reduce its business in Russia
The Rise of CBDCs: Transforming Money for a Digital Era
Key Points Definition & Control: CBDCs are digital versions of fiat currencies issued and regulated by central banks, unlike decentralized cryptocurrencies. Purpose: CBDCs aim to modernize the financial system, enhance efficiency, and maintain monetary sovereignty in a digital era. Comparison to Cryptocurrencies: CBDCs offer stability and trust through central regulation, contrasting
Dukascopy’s Trading Revenue Takes an 80% Hit in H1
The Swiss-based Dukascopy today made its interim consolidated income statement public. The report showed a sharp 80% plunge in profits, dropping to CHF 889,000 in H1 of this year from CHF 3.9 million during
Vantage Launches Copy Trading App to its UK Traders
Saxo Bank Records $322 Billion Monthly Volumes in July
Bricknode Obtains SEK 5 million Loan to Open a Brokerage.
CMC Markets Renews Blues Sponsorship for 3 More Years
eToro Launches Australian Stocks Portfolio
THE MOST COMMENTED BROKERS
Comments Rating ( reviews)
Comments Rating ( reviews)
Comments Rating ( reviews)
Comments Rating ( reviews)
Comments Rating ( reviews)
