OPEC+ sources said that the group’s oil producers are considering reducing its
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Will the Dollar Break Below 20 Years Threshold?
As the market prepared for yet another aggressive rate rise by the Federal Reserve, the U.S. dollar slipped down in earl
Should You Be Worried About Oil Prices?
The price of oil rose on Monday. Meanwhile, supply worries ahead of the EU’s oil embargo on Russia in December out
Yuan Dips Beyond Milestone, Will Dollar Dip Continue?
Investors anticipated the U.S. Fed to be proactive when it raises interest rates next week, which led to the dollar inde
Is Recession Threatening the Oil Market?
Despite a little increase on Friday, oil prices continued to drop for the week due to concerns over sudden interest rate
Warner Music Group collaborates with OpenSea to expand artist Web3 opportunities. Selecting
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OPEC+ sources said that the group’s oil producers are considering reducing its
On Monday, the WTI oil contracts for May the delivery dropped to
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OPEC+ To Cut the Output By 0.5-1 Million BPD
Gold Moves Below The $1,650 Threshold
Oil Finally Recovers from Months Low
OPEC+ To Cut the Output By 0.5-1 Million BPD
Gold Moves Below The $1,650 Threshold
Oil Finally Recovers from Months Low
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More Trouble Ahead for the Yen Amid U.S. Yield Rise
On Wednesday, the dollar ruled everything it surveyed, reaching a new 24-year
Euro on a Highway to Hell, Here Is What You Need to Know
Sterling was in trouble and the euro dropped to below 99 cents for the first time in nearly two decades on Monday. The fall was due to worries about rising energy costs and economic growth raised by Russia’s shutdown
Yen Hits 24-year Low Against US Dollar
Japan’s economic decisions have always been peculiar to the point where they confuse many experts. Yet, the country has managed to maintain a stable economy for many decades. Without following commonplace rules, Japan has managed to stay a major
Should We Panic About the Euro?
One of the biggest recent financial news is that the dollar touched the euro’s value. Due to the dollar’s incline and the euro’s decline, the currencies have more or less evened out. We can see that with today’s EUR/USD
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
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
Tickmill Partners with Swiss Football Club Zug 94
Capital.com Records a 229% YoY Rise in Q1 Trading Volume.
Acetop’s Revenue Dropped 76% in 2021
Plus500 Joins Japanese Market, Buys EZ Invest Securities
FINRA Fines $75K Penalty on Crown Capital
More Trouble Ahead for the Yen Amid U.S. Yield Rise
On Wednesday, the dollar ruled everything it surveyed, reaching a new 24-year top against the yen and nearing a 20-year high against the euro as U.S. economic data supported the Federal Reserve’s intention to continue its aggressive policy tightening. The American dollar was also boosted by global economic turbulence that
Euro on a Highway to Hell, Here Is What You Need to Know
Sterling was in trouble and the euro dropped to below 99 cents for the first time in nearly two decades on Monday. The fall was due to worries about rising energy costs and economic growth raised by Russia’s shutdown of its main gas pipeline to Europe. In Asian trading, the
Yen Hits 24-year Low Against US Dollar
Japan’s economic decisions have always been peculiar to the point where they confuse many experts. Yet, the country has managed to maintain a stable economy for many decades. Without following commonplace rules, Japan has managed to stay a major financial force in the world. However, it’s not without its troubles. Increasing
Should We Panic About the Euro?
One of the biggest recent financial news is that the dollar touched the euro’s value. Due to the dollar’s incline and the euro’s decline, the currencies have more or less evened out. We can see that with today’s EUR/USD open, which laid flat at 1.00. However, the equilibrium has spawned a
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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