Mon, June 05, 2023
Saudi Arabia is voluntarily reducing oil production
Commodities

Ministers of OPEC oil producers and allies, including Russia, agreed on Sunday

With the cryptocurrency market's rise, Saxo's crypto offerings have increased in demand.
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Here is a handpicked list of the best Forex brokers in Senegal

Cryptocurrency
Cryptocurrencies

The recent performance of Bitcoin and altcoins has not been as strong

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Saudi Arabia is voluntarily reducing oil production
Commodities

Ministers of OPEC oil producers and allies, including Russia, agreed on Sunday

Wibest – WTI Crude: Crude oil
Commodities

West Texas Intermediate or WTI crude oil and benchmark Brent oil prices

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FOREX NEWS

FOREX NEWS

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Tensions, forex, euro, dollar,

Forex: investors are looking for new catalysts in central bank

This week’s forex market movement might be choppy. Participants hunt for the next fundamental driver. Following Wednesday’s underwhelming comeback, the US Dollar Index resumes its sideways crawl on Thursday. The forex risk sentiment remains neutral. The European Central Bank

Last Week’s Stock Market Overview

Wednesday Forex: Everything you need to know about market

In the first half of the week, investors are looking for the next catalyst. Major currency pairings have struggled to make a significant move in either direction. Nonetheless, early Wednesday’s cautious market atmosphere appears to be aiding the US

dollar

Dollar steadied after it seesawed with bond market volatility

The dollar held steady after seeing bond markets falter as investors eyed U.S. economic data. Meanwhile, the dollar index advanced 0.112% to 101.84 in Asian trade after retreating 0.37% on Tuesday, reversing the previous session’s 0.54% rally. Two-year U.S.

dollar bills on top of each other

Dollar Slides after Treasury Yields Decline

The dollar slumped in Asia on Tuesday after US Treasury yields slipped from three-month lows, with investors fretting over a possible pause in the Federal Reserve’s rate hike cycle and portents of recessions seen in a yield curve inversion. Read more!

dollar bills closeup shot on the side

US Dollar Struggles on Interest Rate Speculation

The dollar floundered to recover in Asian trade on Friday, dragged by fresh speculation that the widely expected rate hike this month could turn out to the last one before the Federal Reserve reaches the pause button on its tightening cycle. Read on!

US dollar bills piled alongside each other

Dollar Softens on Lackluster Payrolls Data

The dollar lost nearly half percent against the euro and the yen on Monday after a weak US payrolls data fanned speculations that the Federal Reserve may stop raising interest rates after a highly likely move next week. Read more here!

BROKER NEWS

Broker News

Trading 212 UK’s 2022 Revenue Rise, But Profits Slip 9%

Trading 212 Limited has recorded a turnover of over £98.7 million in the UK and pre-tax profits amounting to £50.8 million in 2022, as per its filing with Companies House. It was a 5% increase from 2021’s revenue figure of £94 million. Meanwhile, other operating income reduced to £1.7

The Global Stock Market Volatility On Rise

Market Recap: S&P 500 narrow range trade expectations

Earnings appeared to be a mixed bag of positive and negative. However, they did not manage to shake the market. Experts predict the market to remain flat until there is big news that either supports or collapses the market. A range-bound strategy may be your best chance right now if you

Tensions, forex, euro, dollar,

Forex: investors are looking for new catalysts in central bank

This week’s forex market movement might be choppy. Participants hunt for the next fundamental driver. Following Wednesday’s underwhelming comeback, the US Dollar Index resumes its sideways crawl on Thursday. The forex risk sentiment remains neutral. The European Central Bank (ECB) will publish the minutes of its most recent policy meeting. Later,

Last Week’s Stock Market Overview

Wednesday Forex: Everything you need to know about market

In the first half of the week, investors are looking for the next catalyst. Major currency pairings have struggled to make a significant move in either direction. Nonetheless, early Wednesday’s cautious market atmosphere appears to be aiding the US Dollar’s recovery. Later in the session, Eurostat will release revisions to the

dollar

Dollar steadied after it seesawed with bond market volatility

The dollar held steady after seeing bond markets falter as investors eyed U.S. economic data. Meanwhile, the dollar index advanced 0.112% to 101.84 in Asian trade after retreating 0.37% on Tuesday, reversing the previous session’s 0.54% rally. Two-year U.S. Treasury yields hit a near one-month high of 4.232% overnight and remained

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