Managed Money Traders Cut Canola Shorts by 11k
Quick Look: The Canola market sees a notable shift in trader activity based on the mid-March report. Managed money net s
NZD/USD Nears 0.6000 Amid Global Economic Shifts
Quick Look: The NZD/USD hovers around 0.6000 during Tuesday’s early Asian session. The US Dollar Index (DXY) is a
AUD/USD Rises 0.41% Amid Economic Uncertainty
Quick Look: AUD/USD current exchange rate at 0.6539, marking a +0.41% gain on Monday. Positioned below the 200-DMA, in
FedEx Soars with $5B Buyback & $350 Price Target
Quick Look: Oppenheimer reaffirms FedEx stock rating, while Barclays boosts target price to $350.00. FedEx announces a q
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China Traders Play Down New Feed Guidelines
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EU Rules And Drought Drop Coffee to $188, Down 7.7%
Managed Money Traders Cut Canola Shorts by 11k
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FOREX NEWS
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BROKER NEWS
NZD/USD Dips 0.53% Amid Fed Rates & China-NZ Trade
Quick Look NZD/USD declined today, trading around 0.6053, marking a 0.53% drop.
Canadian Dollar Edges Up to 1.3545; WTI Crude Drops to $82.10
Quick Look: US Dollar to Canadian Dollar sees a slight increase, closing at 1.3545 with current consolidation around 1.3540. WTI Crude Oil experiences a decline from $84.48 to the latest price of $82.10 per barrel. Anticipation builds around major policy
AUD/USD Drops 0.32% Ahead of Key Economic Events
Quick Look: AUD/USD declined by 0.32% on Friday, ending the session at $0.65595. Key economic indicators from China and upcoming interest rate decisions by the RBA and the Fed are in focus. Bearish signals on the daily chart with
EUR/USD Dips to 1.0872 Amid Economic Shifts
Quick Look: The recent downtrend in EUR/USD – 1.0980, with current activity around 1.0885. Resistance and support levels identified are crucial for the next movements. Possible rate cut in June hinted by ECB’s policymakers; Economic events like the Fed
British Pound Plummet on Brexit Vote Postponement
The British pound hovered near 20-month lows against the dollar on Tuesday after British Prime Minister Theresa May postponed an important vote on Brexit deal. Read more here!
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!
Dollar Firms on Expected Interest Rate Increase Next Week
he dollar was steady against most major counterparts on Friday, as investors’ attention switched to an expected US interest rate hike next week. Read more here!
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
Plus500 Expands Office Space in Haifa and Boosts Hiring
Plus500 has significantly expanded its Haifa office space and increased recruitment efforts across various departments. Local news source Walla reports the brokerage has leased an additional 5,800 square meters in the Gev-Yam complex in Haifa. Aden Dahan, Plus500’s Vice President of Recruitment and Human Resources, stated the expansion is
Saxo Unveils New Investment Fund for UK Retail Traders
CMC Markets Records H1 Loss, Trading Revenue Dips by 32%
eToro Ends Rugby Australia Sponsorship, Signs Deal with APL
Exness Sets New Record: $4.8 Trillion Trading Volume
IG Group’s Job Cuts: An Effort Towards Cost-Efficiency
Saxo’s Sept Trading Volume Dips, FX Follows Trend
NZD/USD Dips 0.53% Amid Fed Rates & China-NZ Trade
Quick Look NZD/USD declined today, trading around 0.6053, marking a 0.53% drop. The US Dollar Index (DXY) surged to two-week highs, surpassing the 103.80 mark. Market sentiments suggest a 73% probability of a rate cut by the Federal Reserve in July. China and New Zealand are enhancing their free trade agreement.
Canadian Dollar Edges Up to 1.3545; WTI Crude Drops to $82.10
Quick Look: US Dollar to Canadian Dollar sees a slight increase, closing at 1.3545 with current consolidation around 1.3540. WTI Crude Oil experiences a decline from $84.48 to the latest price of $82.10 per barrel. Anticipation builds around major policy meetings, including the Federal Open Market Committee and the Bank of Japan.
AUD/USD Drops 0.32% Ahead of Key Economic Events
Quick Look: AUD/USD declined by 0.32% on Friday, ending the session at $0.65595. Key economic indicators from China and upcoming interest rate decisions by the RBA and the Fed are in focus. Bearish signals on the daily chart with the AUD/USD trading below key EMAs. The Australian Dollar against the US
EUR/USD Dips to 1.0872 Amid Economic Shifts
Quick Look: The recent downtrend in EUR/USD – 1.0980, with current activity around 1.0885. Resistance and support levels identified are crucial for the next movements. Possible rate cut in June hinted by ECB’s policymakers; Economic events like the Fed Rate decision and Eurozone inflation could heavily influence future trends. The EUR/USD pair
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