USD/JPY Dips 0.13% Amid BoJ’s Rate Shifts
Quick Look: The USD/JPY pair experienced a slight decline, with fluctuations highlighting market volatility. Bank of Jap
USD/CHF Neutral, Eyes on 0.9243 Cap
Quick Look: USD/CHF exhibits a neutral stance, attracting attention from traders and analysts. Recent technical indicato
Reddit’s $6.5B IPO Debut: Trading Begins on NYSE
Quick Look Reddit priced on Wednesday with a share price of $34, totalling a valuation of approximately $6.5 billion. Sh
Iberdrola and Amazon’s Clean Power Deal on Wind Energy
Quick Look: Iberdrola and Amazon expanded their clean power partnership with a significant renewable energy agreement. A
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DXY Dips to 102.868: Inflation & Fed’s Future Moves
Quick Look The DXY Index recorded a minor decrease to 102.868, reflecting
NZD/USD Stalls: Impact of 0.8% US Sales Rise & Fed’s Move
Quick Look NZD/USD remains nearly unchanged, oscillating within a narrow band near two-week highs. US inflation data and Federal Reserve rate cut speculations influence market sentiment. Technical indicators suggest a bullish outlook for NZD/USD, with key resistance and support
USD/CAD Edges Up to 1.3484 Amid Economic Shifts
Quick Look USD/CAD closed at 1.3484, slightly above its opening price, amidst a fluctuating oil market. WTI oil was priced at $78.51, and gold stood at $2176.72, reflecting commodity market movements. The US inflation report showed an unexpected rise,
USD/JPY Plunges to 146.50: Economic Shifts in Focus
Quick Look USD/JPY fell from 150.50 to 146.50, marking a significant drop. Soft U.S. economic data fuels speculation on Fed rate cuts. BoJ’s upcoming meeting could tighten monetary policy. The historical average suggests a possible reversion for USD/JPY. Market
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
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
Hantec’s 7% Revenue Surge Fails to Boost 2022 Profits
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Axi Debuts Proprietary Trading with Attractive Profit Split
TIOmarkets UK’s 2022 Revamping Results in Reduced Revenue
Pepperstone Adds Spread Betting into TradingView Platform
Massachusetts Battles Robinhood Over Trading Gamification
DXY Dips to 102.868: Inflation & Fed’s Future Moves
Quick Look The DXY Index recorded a minor decrease to 102.868, reflecting a -0.06% change. February’s CPI data aligns with expectations, showing a 0.4% increase month-on-month. Core inflation rates exceed forecasts, signalling stronger inflationary pressures. Federal Reserve’s potential rate cut in June sees a slight dip in probability, influencing Treasury yields.
NZD/USD Stalls: Impact of 0.8% US Sales Rise & Fed’s Move
Quick Look NZD/USD remains nearly unchanged, oscillating within a narrow band near two-week highs. US inflation data and Federal Reserve rate cut speculations influence market sentiment. Technical indicators suggest a bullish outlook for NZD/USD, with key resistance and support levels identified. Upcoming US retail sales data and Fed’s policy meeting to
USD/CAD Edges Up to 1.3484 Amid Economic Shifts
Quick Look USD/CAD closed at 1.3484, slightly above its opening price, amidst a fluctuating oil market. WTI oil was priced at $78.51, and gold stood at $2176.72, reflecting commodity market movements. The US inflation report showed an unexpected rise, with February’s CPI at 3.2% YoY. The USD/CAD faces pressure due to
USD/JPY Plunges to 146.50: Economic Shifts in Focus
Quick Look USD/JPY fell from 150.50 to 146.50, marking a significant drop. Soft U.S. economic data fuels speculation on Fed rate cuts. BoJ’s upcoming meeting could tighten monetary policy. The historical average suggests a possible reversion for USD/JPY. Market sentiment shows a bearish outlook, with 67% of traders short on USD/JPY.
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