Mon, October 03, 2022
OPEC Organization of the Petroleum Exporting Countries
Commodities

OPEC+ sources said that the group’s oil producers are considering reducing its

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

Here is a handpicked list of the best Forex brokers in Senegal

Cryptocurrencies

Warner Music Group collaborates with OpenSea to expand artist Web3 opportunities. Selecting

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OPEC Organization of the Petroleum Exporting Countries
Commodities

OPEC+ sources said that the group’s oil producers are considering reducing its

Wibest – WTI Crude: Crude oil
Commodities

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

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FOREX NEWS

FOREX NEWS

BROKER NEWS

Dollar Euro

Euro Recovers Against Dollar

A few weeks back, EUR/USD hit 1.0, and it has been floating around that spot ever since. With a combined growth in the US and a decline in the EU, the two currencies were more or less equalized and

China sees growth in consumer spending

Chinese Economy Booming with $306 Billion Corporate Credit

In its yuan credit market, China has recently raced ahead of the US for corporate bond sales, a remarkable change that emphasizes the growing influence of the two nations’ divergent monetary policies. According to statistics, non-financial companies issued more

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

FxPro UK Reports 48% Revenue Drop in 2021

FxPro UK Limited, the FCA-regulated subsidiary of the Cyprus-based group, published its financials for the fiscal year 2021, ending on December 31. The report showed that the broker’s revenue decreased 48 percent to £900,365 from more than £1.7 million in the previous fiscal year. With only £36,440 of other

Dollar bills

U.S. CPI Sets a Lower Start for U.S. Dollar

Before the much-awaited U.S. inflation data publication, the dollar dropped in European trade this Tuesday.   The Dollar Index was trading 0.3% down at 107.803 at 03:05 ET (07:05 GMT), extending a decline from the 20-year high of 110.79 last week. The U.S. CPI for August will be the final key

Inflation

Focus on U.S. Inflation Data Sank the Dollar’s Recent Gains

Focus on U.S. Inflation Data Sank the Dollar’s Recent Gains Following recent strong gains, the dollar on a basket of currencies dropped to its lowest level in more than two weeks on Monday as investors felt uneasy ahead of U.S. inflation data and as central banks outside of the United States

Dollar Euro

Euro Recovers Against Dollar

A few weeks back, EUR/USD hit 1.0, and it has been floating around that spot ever since. With a combined growth in the US and a decline in the EU, the two currencies were more or less equalized and still are. However, it seems like the euro still has a bit

China sees growth in consumer spending

Chinese Economy Booming with $306 Billion Corporate Credit

In its yuan credit market, China has recently raced ahead of the US for corporate bond sales, a remarkable change that emphasizes the growing influence of the two nations’ divergent monetary policies. According to statistics, non-financial companies issued more bonds in yuan than in dollars in both July and August, marking

Broker News

FxPro UK Reports 48% Revenue Drop in 2021

FxPro UK Limited, the FCA-regulated subsidiary of the Cyprus-based group, published its financials for the fiscal year 2021, ending on December 31. The report showed that the broker’s revenue decreased 48 percent to £900,365

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