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Chase Bank UK, a prominent player among the top UK banks, is

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Oil profit remains a central focus for investors and traders as the

Wibest – Oil and petroleum: Oil barrel spilling crude over US dollar coins and bills.
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On Monday, the WTI oil contracts for May the delivery dropped to

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Dollar Exchange Rate Affected by the Fed's Decision - Wibest Broker

Best Dollar Rate Amid Shifting Economic Trends

In the ever-fluctuating world of international finance, finding the best dollar rate can be challenging. Recent developments in Asian markets and the United States have further complicated this quest. As we delve into the intricacies of the current economic

Wibest – Chinese yuan bills.

Chinese Banks Adjust Forex Reserve Requirements

In a significant development in Chinese banks, the People’s Bank of China announced a game-changing move on Friday. Therefore setting the stage for a transformative shift in the country’s financial landscape. China’s central bank’s decision to cut the forex

Forex Markets: New one pound sterling coin and euro exchange rate.

Euro Rate Rises: Implications for Global Markets

The euro rate has surged to a 15-year high against the yen, driven by compelling signs of resilient European inflation. Concurrently, the US dollar finds itself in a precarious position due to impending economic data releases. Recent developments in

Wibest - Dollar Remains Firm as Fed Calls for Further Hikes

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

yen and Swiss franc on the table

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

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New Middle Eastern FX/CFDs Broker

In a stride to broaden its reach, Daman Securities from the United Arab Emirates has embarked on a new journey by launching Daman Markets. This innovative platform will focus on trading services for over-the-counter margined derivative contracts, such as CFDs and spot foreign exchange, concentrating on serving the Middle

Forex Trading Guide

Forex Day Trading Amidst Economic Uncertainty

Forex day trading is a dynamic and fast-paced venture where traders capitalise on fluctuations in currency exchange rates within a single trading day. The article explores the strong US dollar’s influence on the Australian dollar in today’s ever-changing forex market landscape. Additionally, we’ll discuss the Reserve Bank of Australia’s (RBA) interest rate

Dollar Exchange Rate Affected by the Fed's Decision - Wibest Broker

Best Dollar Rate Amid Shifting Economic Trends

In the ever-fluctuating world of international finance, finding the best dollar rate can be challenging. Recent developments in Asian markets and the United States have further complicated this quest. As we delve into the intricacies of the current economic landscape, we’ll explore the factors influencing the search for the best USA

Wibest – Chinese yuan bills.

Chinese Banks Adjust Forex Reserve Requirements

In a significant development in Chinese banks, the People’s Bank of China announced a game-changing move on Friday. Therefore setting the stage for a transformative shift in the country’s financial landscape. China’s central bank’s decision to cut the forex reserve requirement ratio by 2 percentage points takes effect on September 15.

Forex Markets: New one pound sterling coin and euro exchange rate.

Euro Rate Rises: Implications for Global Markets

The euro rate has surged to a 15-year high against the yen, driven by compelling signs of resilient European inflation. Concurrently, the US dollar finds itself in a precarious position due to impending economic data releases. Recent developments in Europe and the United States are actively reshaping the global currency landscape,

Broker News

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

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