France’s Fiscal Path 2023-2027: Deficit & Growth
Quick Look: France’s public deficit climbed to 5.5% of GDP in 2023, beyond the set target of 4.9%. The French gove
Managed Money Traders Cut Canola Shorts by 11k
Quick Look: The Canola market sees a notable shift in trader activity based on the mid-March report. Managed money net s
NZD/USD Nears 0.6000 Amid Global Economic Shifts
Quick Look: The NZD/USD hovers around 0.6000 during Tuesday’s early Asian session. The US Dollar Index (DXY) is a
AUD/USD Rises 0.41% Amid Economic Uncertainty
Quick Look: AUD/USD current exchange rate at 0.6539, marking a +0.41% gain on Monday. Positioned below the 200-DMA, in
TODAY'S FEATURED
LIVE FOREX CHART
Oil Prices Drop on Worries over Possible Oversupply
Oil Prices Fall as Future Growth Blurs
China Traders Play Down New Feed Guidelines
WTI Crude Hits $83.17, Brent Eyes $90 Amid Rising Demand
$30M Mitsui Boost for Atlas Lithium’s Neves Project
EU Rules And Drought Drop Coffee to $188, Down 7.7%
EDUCATION
$2 Billion Settlement for Gemini Earn Users
MicroStrategy’s Bold $623M BTC Buy Boosts Holdings to 214K
Bitcoin’s Record $73,797 High to 10% Drop
Discovering Crypto’s Hidden Opportunities
Scalp Trading vs Swing Trading: Speed or Stamina in the Market?
FOREX NEWS
FOREX NEWS
BROKER NEWS
AUD/USD Drops 0.32% Ahead of Key Economic Events
Quick Look: AUD/USD declined by 0.32% on Friday, ending the session at
EUR/USD Dips to 1.0872 Amid Economic Shifts
Quick Look: The recent downtrend in EUR/USD – 1.0980, with current activity around 1.0885. Resistance and support levels identified are crucial for the next movements. Possible rate cut in June hinted by ECB’s policymakers; Economic events like the Fed
People’s Bank of China Sets USD/CNY at 7.0975
Quick Look PBoC sets the USD/CNY reference rate at 7.0975, defying the estimate of 7.2058. 1-Year MLF rate and 7-day RR maintained in China, signalling steady monetary policy. Net liquidity injection of 3 billion yuan amidst ongoing market regulation
Swiss Franc Dynamics: USD/CHF Eyes Bullish Reversal
Quick Look USD/CHF trades between support at 0.8670 and resistance at 0.8810, hinting at a bullish reversal. Swiss CPI aligns with forecasts; SNB holds rates at 1.75%. US economic data shows mixed signals; however, USD dominance persists in the
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
Plus500 Expands Office Space in Haifa and Boosts Hiring
Plus500 has significantly expanded its Haifa office space and increased recruitment efforts across various departments. Local news source Walla reports the brokerage has leased an additional 5,800 square meters in the Gev-Yam complex in Haifa. Aden Dahan, Plus500’s Vice President of Recruitment and Human Resources, stated the expansion is
FX Tampa Equips Japanese Retail Investors
Introducing Korata: A New Forex Trading Platform
AvaTrade Targets Spanish Market for Growth
Navigating Wiolin.com’s Tech-Driven Trading Haven
Luzuna: Empowering AI in Cryptocurrency Trading
AUD/USD Drops 0.32% Ahead of Key Economic Events
Quick Look: AUD/USD declined by 0.32% on Friday, ending the session at $0.65595. Key economic indicators from China and upcoming interest rate decisions by the RBA and the Fed are in focus. Bearish signals on the daily chart with the AUD/USD trading below key EMAs. The Australian Dollar against the US
EUR/USD Dips to 1.0872 Amid Economic Shifts
Quick Look: The recent downtrend in EUR/USD – 1.0980, with current activity around 1.0885. Resistance and support levels identified are crucial for the next movements. Possible rate cut in June hinted by ECB’s policymakers; Economic events like the Fed Rate decision and Eurozone inflation could heavily influence future trends. The EUR/USD pair
People’s Bank of China Sets USD/CNY at 7.0975
Quick Look PBoC sets the USD/CNY reference rate at 7.0975, defying the estimate of 7.2058. 1-Year MLF rate and 7-day RR maintained in China, signalling steady monetary policy. Net liquidity injection of 3 billion yuan amidst ongoing market regulation efforts. Post-” “quant quake” scrutiny increases, with significant adjustments in key quant
Swiss Franc Dynamics: USD/CHF Eyes Bullish Reversal
Quick Look USD/CHF trades between support at 0.8670 and resistance at 0.8810, hinting at a bullish reversal. Swiss CPI aligns with forecasts; SNB holds rates at 1.75%. US economic data shows mixed signals; however, USD dominance persists in the market. EUR/CHF sees gains, with potential for further rise as long as
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