Raiffeisen Bank Halts Foreign Transfers in Russia Amid Pressure
Quick Overview Suspension Of Foreign Currency Transfers: Starting September 2, 2024, Raiffeisen Bank in Russia will halt
Wall Street Gains: Nasdaq Soars 2.3%, Dow Up 550 Points
Quick Overview Stock Market Surge: Nasdaq jumped 2.3%, S&P 500 and Dow rose over 1.6%, signaling optimism. Walmart&#
The Rise of CBDCs: Transforming Money for a Digital Era
Key Points Definition & Control: CBDCs are digital versions of fiat currencies issued and regulated by central banks
Wall Street Soars: Nasdaq Up 2.4% as Inflation Cools
Quick Overview Tech Surge: The tech sector led a significant market rally, with Nasdaq up 2.4%, driven by more astonishi
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
Gold Rebounds to $2,500 Amid Fed Rate Cut Speculations
Silver’s Pullback from $30.19: What’s Next for XAG/USD?
Middle East Tensions Drive Oil Prices Up 0.75% to $75.39
EDUCATION
Ethereum ETF Delays and Record Open Interest Spike
Uniswap Price Surges 20%: Major Rally Ahead?
Options Trading: Strategies for Risk & Profit
Cryptocurrency Guide: Tips for New Investors In 2024
Market Trend Analysis: How to Maximise Profits in 2024
FOREX NEWS
FOREX NEWS
BROKER NEWS
USD/INR Nears Record High of 83.7190 Amid Market Turbulence
Quick Look: USD/INR Near Record High: The exchange rate nears an all-time
Forex Market Shifts: Dollar Declines, Euro Up 2.1%
Quick Look: Federal Reserve hints at potential rate cuts, leading to higher opportunity costs for holding the US dollar. The euro has risen 2.1% against the dollar, marking gains in 13 of the last 15 trading days. The British
GBP/USD Hits Highest Since July, Driven by UK Data
Quick Look: GBP/USD surged, driven by robust UK economic data and softer US inflation. The Labour Party’s election victory bolstered investor confidence in the pound. UK GDP growth and high core inflation boosted GBP sentiment. UK inflation data release
DXY Dips to 104.80: Navigating Volatility
Quick Look: The US Dollar Index (DXY) dipped below the December trend line to hover around 104.80, challenging dollar bulls. Reclaiming the 104.80 level could signal a bullish reversal, potentially targeting levels like 105.10. Despite the decline, the DXY
Yen Surges on Worries of Global Economic Growth
Safe-haven currencies including the yen gained against the dollar on Wednesday, as a careful mood dominated the first trading day of the year on worries about the global growth, the US government shutdown, and a slower pace of Federal Reserve rate hikes. Read more here!
Australian and the New Zealand dollar Bounce back
The Australian and the New Zealand dollar staged a remarkable comeback on their US counterpart on Friday, as lackluster economic data fueled speculation of a U-turn on US interest rates. Read more here!
Dollar Slumps on New Powell Comments
The dollar weakened against other currencies on Monday, as traders felt more bearish due to the increasing expectations that the Federal Reserve would put its policy tightening to a pause in 2019. Read more here!
Dollar Struggles on Fed Rate Speculation
The dollar floundered for traction against other currencies on Tuesday, with investors increasingly convinced that the Federal Reserve will not raise interest rates this year amid risks of a sharper slowdown in global growth. Read more here!
BROKER NEWS
LCG UK Boosts Revenue by 25% while Net Loss Shoots by 30% in 2022
London Capital Group Limited is a victim of the troubled FlowBank, but its board is working to see profitability in 2024. The company reported a notable revenue increase in 2022, but the net loss escalated by 30%. LCG Net Loss Deepens in 2022 The FlowBank-owned London Capital Group
MyFlashFunding Partners with ASIC-Licensed Brokers
Unlock Success: Marketrocks’ 2000+ Trading Instruments
Plus500 Announces $100M Stock Repurchase.
Funding Pips Operation Halt – Blackbull Cuts Ties
TipRanks Financial Tools Hit the Georgian Market
CFI Secures Deal with Paris Saint-Germain
USD/INR Nears Record High of 83.7190 Amid Market Turbulence
Quick Look: USD/INR Near Record High: The exchange rate nears an all-time high of 83.7190 due to USD strength. US Dollar Strength: Driven by risk aversion and rising US Treasury yields, tempered by weak labour data. RBI Intervention: Potential central bank actions to support the Rupee may prevent further depreciation. As
Forex Market Shifts: Dollar Declines, Euro Up 2.1%
Quick Look: Federal Reserve hints at potential rate cuts, leading to higher opportunity costs for holding the US dollar. The euro has risen 2.1% against the dollar, marking gains in 13 of the last 15 trading days. The British pound approaches $1.30, benefiting from positive UK economic indicators and a weakening
GBP/USD Hits Highest Since July, Driven by UK Data
Quick Look: GBP/USD surged, driven by robust UK economic data and softer US inflation. The Labour Party’s election victory bolstered investor confidence in the pound. UK GDP growth and high core inflation boosted GBP sentiment. UK inflation data release and Bank of England’s interest rate decision anticipated. GBP/USD crossed vital resistance
DXY Dips to 104.80: Navigating Volatility
Quick Look: The US Dollar Index (DXY) dipped below the December trend line to hover around 104.80, challenging dollar bulls. Reclaiming the 104.80 level could signal a bullish reversal, potentially targeting levels like 105.10. Despite the decline, the DXY remains above the crucial 104.00 support level, making short positions on the
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