Sat, December 02, 2023
Oil prices rose
Commodities

In the ever-fluctuating world of crude oil trading, Friday morning witnessed oil

With the cryptocurrency market's rise, Saxo's crypto offerings have increased in demand.
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Cryptocurrencies

In the fast-paced world of crypto trading, November emerged as a turbulent

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Oil prices rose
Commodities

In the ever-fluctuating world of crude oil trading, Friday morning witnessed oil

Wibest – WTI Crude: Crude oil
Commodities

The price of WTI oil turned positive on Tuesday and settled at

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FOREX NEWS

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Euro

Euro Rates: A Look at Recent Trends and Forecasts

Euro rates have been commanding attention in global markets, maintaining a near 15-year high against the yen and holding steady against the dollar. This surge was fueled by bullish statements from European policymakers and the potential decline in energy

Forex Markets: Yuan and Dollar bills.

China’s Forex Funds Amid Global Economic Shifts

China’s foreign reserves, crucial for global financial stability, fell to $3.1012 trillion in October, marking a third monthly decline. A stronger US dollar primarily influenced this reduction, resulting in the depreciation of global asset prices. Despite these fluctuations, experts

Is Forex Trading Worth it? The Things You Need to Know

Forex Patterns and Their Impact on Currency Markets

Forex patterns play a pivotal role in trading, helping traders make informed decisions by analysing market movements. Recent market events, such as the Reserve Bank of Australia’s rate decision, significantly impacted trading patterns and market dynamics. Understanding these patterns is

close up shot of one british pound

Pound Retains Gains after British PM Wins Confidence Vote

The pound held onto most of its previous session’s gains on Thursday after British Prime Minister Theresa May survived a no-confidence vote, buying time to try to steer her unpopular Brexit deal through a deeply divided parliaments. Read more here!

US dollar symbol on a compass

Safe-Haven Dollar Near Highs on Global Concerns

The dollar hovered near a 19-month high on Monday, boosted by safe-haven buying as escalated worries of a global economic slowdown diminished appetites for riskier assets. Read more here!

BROKER NEWS

Broker News

Saxo Unveils New Investment Fund for UK Retail Traders

Saxo, renowned for its multi-asset trading and investment, has broadened its services in the UK by introducing its funds. Retail investors can now partake in diverse assets, from quick options to a wide range of funds. By partnering with a host of top-tier fund managers such as BlackRock, Fidelity,

Dollar, Fed

Finding the Best US Dollar Rate Amid Economic Shifts

In the ever-shifting landscape of global finance, pursuing the best US dollar rate has taken centre stage, influenced by recent pivotal events. Federal Reserve Chairman Jerome Powell’s recent hawkish remarks have triggered significant market movements, prompting investors to reevaluate their strategies. The Powell Effect: A Boost for the US Dollar Powell’s

Euro

Euro Rates: A Look at Recent Trends and Forecasts

Euro rates have been commanding attention in global markets, maintaining a near 15-year high against the yen and holding steady against the dollar. This surge was fueled by bullish statements from European policymakers and the potential decline in energy prices. The robust nature of the euro at $1.0703 in the face

Forex Markets: Yuan and Dollar bills.

China’s Forex Funds Amid Global Economic Shifts

China’s foreign reserves, crucial for global financial stability, fell to $3.1012 trillion in October, marking a third monthly decline. A stronger US dollar primarily influenced this reduction, resulting in the depreciation of global asset prices. Despite these fluctuations, experts emphasise that the fundamentals of China’s economy remain strong, fostering stability in

Is Forex Trading Worth it? The Things You Need to Know

Forex Patterns and Their Impact on Currency Markets

Forex patterns play a pivotal role in trading, helping traders make informed decisions by analysing market movements. Recent market events, such as the Reserve Bank of Australia’s rate decision, significantly impacted trading patterns and market dynamics. Understanding these patterns is crucial for traders seeking the best forex signals for their strategies. The

Broker News

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

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