Oil prices rose to $77 on international markets on Friday, boosted by
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Oil prices rose to $77 on international markets on Friday, boosted by
On Monday, the WTI oil contracts for May the delivery dropped to
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Dollar rose while yen fell. Why’s that?
The dollar held firm after Japan’s new central bank governor said in
The U.S. dollar was stuck near a two-month low
The U.S. dollar was near two-month lows as weak economic data reinforced speculation that the Federal Reserve is nearing the end of its tightening cycle. In contrast, the New Zealand dollar jumped after a bigger-than-expected interest rate hike. New
The pound up to a new 10-month high
The pound hit a fresh 10-month high against the dollar, while the euro hit a two-month high as the dollar retreated again on market bets that the end of the US rate hike cycle is nearing. Sterling hit $1.2476,
The dollar rose against other major currencies
The dollar rose against other currencies as inflation fears resurfaced after major oil producers unexpectedly cut production targets. Traders bet the Federal Reserve will raise interest rates again next term. Sunday’s announcement of targeted production cuts by OPEC and
US Dollar Plummets Ahead of Fed Meeting
The US dollar skidded lower against a basket of other currencies on Tuesday ahead of this week’s Federal Reserve meeting. Read more here!
Dollar Remains Firm as Fed Calls for Further Hikes
The US dollar on Thursday was firm in Asia following the withdrawal of the US Federal Reserve from a more aggressive policy tightening move. This followed when it gave markets the distinct impression of being much less cautious in
Dollar Maintains Gains on Wall Street Push on Yields
The dollar managed to sustain a huge chunk of its overnight gains on Thursday although it was off its peak for the week so far amid thin volumes. Read more here!
Safe Haven Yen and Franc Rise on Global Concerns
The yen and the Swiss franc gained on Friday, as investors sought refuge in safe-haven assets because of renewed US-China trade tensions and weaker-than-expected data in the top two economies that revived global growth fears. Read more here!
BROKER NEWS
Admirals Ends Estonian License Amid Global Consolidation
During the first half of next year, Admirals Group AS, the parent company of FX/CFDs brokerage Admirals, will merge with its Estonian subsidiary, Admirals Markets AS. To accomplish this, the firm will withdraw the subsidiary’s investment company license, which may happen by August of this year. On Thursday, the
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Dollar rose while yen fell. Why’s that?
The dollar held firm after Japan’s new central bank governor said in his first public remarks that it was important to maintain his predecessor’s policy direction by controlling the yield curve. The ten-year Treasury yield edged closer to the 3.415% mark in Friday’s retreating trade over the Easter holiday. Yields remained
The U.S. dollar was stuck near a two-month low
The U.S. dollar was near two-month lows as weak economic data reinforced speculation that the Federal Reserve is nearing the end of its tightening cycle. In contrast, the New Zealand dollar jumped after a bigger-than-expected interest rate hike. New Zealand’s central bank increased interest rates by 50 basis points high of
The pound up to a new 10-month high
The pound hit a fresh 10-month high against the dollar, while the euro hit a two-month high as the dollar retreated again on market bets that the end of the US rate hike cycle is nearing. Sterling hit $1.2476, its highest level since June 2022, and was last below that level,
The dollar rose against other major currencies
The dollar rose against other currencies as inflation fears resurfaced after major oil producers unexpectedly cut production targets. Traders bet the Federal Reserve will raise interest rates again next term. Sunday’s announcement of targeted production cuts by OPEC and its allies, known as OPEC+, sent oil prices up about 7.5% in
Admirals Ends Estonian License Amid Global Consolidation
During the first half of next year, Admirals Group AS, the parent company of FX/CFDs brokerage Admirals, will merge with its Estonian subsidiary, Admirals Markets AS. To accomplish this, the firm will withdraw the
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OANDA Japan: No More fxTrade, USD/JPY Margin Shift
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