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

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

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FOREX NEWS

FOREX NEWS

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dollar

The dollar fell to a two-month low

The dollar fell to a two-month low after a report showed U.S. inflation eased slightly in March, raising hopes that the Federal Reserve’s rate hike campaign is either over or could be next month. Statistics released on Wednesday showed

dollar

The dollar dipped against most major currencies

The dollar retreated against all major currencies except the yen as investors looked to release U.S. inflation statistics later in the day to gauge how soon U.S. interest rates will approach higher levels. The U.S. dollar index retreated by 0.072%

The Dollar Rises As Rising Inflation Signals Rate Hikes

US dollar paused for breath

The U.S. dollar paused after its best performance this month against major peers as a firm U.S. labor market underpinned a Federal Reserve rate hike in one month. The yen, which is highly sensitive to long-term U.S. bond yields,

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

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

dollar

Dollar dropped on China’s better-than-expected growth forecast

The dollar retreated against major currencies after better-than-expected growth figures from China. British payrolls supported the pound. China’s gross domestic product advanced 4.52% in the first three months of the year, beating analysts’ expectations of a 4% expansion as it ranked second in the world after the end of COVID-19 restrictions.

dollar

The dollar fell to a two-month low

The dollar fell to a two-month low after a report showed U.S. inflation eased slightly in March, raising hopes that the Federal Reserve’s rate hike campaign is either over or could be next month. Statistics released on Wednesday showed that consumer price index inflation edged closer to 5% in March from

dollar

The dollar dipped against most major currencies

The dollar retreated against all major currencies except the yen as investors looked to release U.S. inflation statistics later in the day to gauge how soon U.S. interest rates will approach higher levels. The U.S. dollar index retreated by 0.072% to close at 102.06. The euro was last up 0.122% at $1.0927,

The Dollar Rises As Rising Inflation Signals Rate Hikes

US dollar paused for breath

The U.S. dollar paused after its best performance this month against major peers as a firm U.S. labor market underpinned a Federal Reserve rate hike in one month. The yen, which is highly sensitive to long-term U.S. bond yields, was able to pare back more than 1% of Monday’s decline as

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