Sun, January 29, 2023
Oil might reach $150 per barrel as OPEC+ will control supply
Commodities

The biggest oil and gas companies are prepared to report annual profits,

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

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How Can Bitcoin Be Stabilized To Prevent Volatility?   The cryptocurrency market

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Oil might reach $150 per barrel as OPEC+ will control supply
Commodities

The biggest oil and gas companies are prepared to report annual profits,

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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Dollar and other currencies

The Dollar Gains Ground

The US dollar rose slightly in early European trade Tuesday but remained just above a seven-month low as traders awaited Fed Chair Jerome Powell’s speech for more clarity on the central bank’s rate hike cycle. The Dollar Index rose

dollar

Dollar Slips Near Seven-Month Lows

The U.S. dollar on Monday came close to reaching its lowest level in seven months against other currencies. At the same time, China’s decision to reopen its borders boosted riskier currencies. The Australian and New Zealand dollar, typically considered

Sterling declined on Thursday. What about Euro and Dollar?

Sterling falls in value

Sterling falls in value On Thursday, sterling fell against the euro and the US dollar after business data suggested that Britain is already in recession. The December S&P Global/CIPS UK Services Purchasing Managers’ Index (PMI) was revised slightly lower.

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

OANDA Japan: No More fxTrade, USD/JPY Margin Shift

On Friday, one of Japan’s longest-standing online forex and CFD brokerages, OANDA Corporation, announced major changes to their service.  Specifically, the Japanese subsidiary of the brokerage will no longer allow new downloads of its desktop version of the fxTrade trading platform. It has also changed the margin rate for

US Dollar bills

The U.S. Dollar Held Steady

The U.S. dollar held steady on Wednesday as traders awaited this week’s consumer price data to see if it would confirm that inflation is slowing. The euro fell against the dollar after a policymaker for the European Central Bank (ECB) declared that the cycle of interest rate hikes was coming to

Dollar and other currencies

The Dollar Gains Ground

The US dollar rose slightly in early European trade Tuesday but remained just above a seven-month low as traders awaited Fed Chair Jerome Powell’s speech for more clarity on the central bank’s rate hike cycle. The Dollar Index rose 0.22% to 102.960 after falling to a seven-month low of 102.93 the

dollar

Dollar Slips Near Seven-Month Lows

The U.S. dollar on Monday came close to reaching its lowest level in seven months against other currencies. At the same time, China’s decision to reopen its borders boosted riskier currencies. The Australian and New Zealand dollar, typically considered more liquid proxies for the Chinese currency, sharply increased in value. At

Sterling declined on Thursday. What about Euro and Dollar?

Sterling falls in value

Sterling falls in value On Thursday, sterling fell against the euro and the US dollar after business data suggested that Britain is already in recession. The December S&P Global/CIPS UK Services Purchasing Managers’ Index (PMI) was revised slightly lower. While it was higher than in November, new business was down for

Broker News

OANDA Japan: No More fxTrade, USD/JPY Margin Shift

On Friday, one of Japan’s longest-standing online forex and CFD brokerages, OANDA Corporation, announced major changes to their service.  Specifically, the Japanese subsidiary of the brokerage will no longer allow new downloads of its

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