The Intersection of Politics and Bitcoin: A Shaky Alliance
At a Glance Kamala Harris’s Rise: Her increasing political prominence is linked to a bearish sentiment for Bitcoin
Apple’s In-App Rules: Patreon’s 30% Cut & Creator Impact
Quick Overview Mandatory Subscription Shift: By November, Patreon creators on iOS must adopt a subscription-only model d
Silver Surges to $27.99/Oz, Up 1.93% in a Day
Quick Look Silver’s Price Surge: Silver hit $27.99 per troy ounce, a 1.93% increase, reflecting a broader upward t
Russia’s $2.3B Sanction Dodge: The Dollar and Euro Lifeline
Quick Overview Sanctions Defied: Despite Western sanctions, Russia has received $2.3 billion in dollar and euro cash sin
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
Polkadot Projected to Hit $9.12 by June 9, 2024
Binance’s Zhao Faces 4-Month Prison Term
Mastering the Sell to Open and Sell to Close Techniques
Product vs. Period Costs: A Dynamic Duel in Cost Accounting
Twitch Stock Unleashed: Is It Possible to Buy Twitch Stock?
FOREX NEWS
FOREX NEWS
BROKER NEWS
Japan’s New Currency Strategy: $60 Billion Intervention Shift
Quick Look: Atsushi Mimura replaces Masato Kanda as Japan’s top currency diplomat,
Russian Forex: 99.6% Yuan Amid Sanctions
Quick Look: Yuan’s share in the Russian forex market surged to 99.6%, up from 53.6% in May. Mid-June sanctions halted US dollar and euro trading on the Moscow Exchange, forcing a pivot to alternative currencies like the yuan. Post-sanctions,
USD Index Reclaims 105.00 Amid Economic Shifts
Quick Look: The USD Index (DXY) rose above 105.00, reflecting robust demand despite lower US yields, driven by upcoming testimonies from Fed officials. French snap elections and Jerome Powell’s congressional testimony are key events impacting investor sentiment and USD
EUR/USD Breaks Key Levels, Eyes 1.0920 Resistance
Quick Look: EUR/USD climbed above 1.0750 and 1.0780 resistance, supported by technical indicators and SMA signals. The immediate target is 1.0850, followed by 1.0865 and 1.0920, and the potential for 1.1120 if bullish momentum continues. Key support is at
Dollar Hovers Near 2-Week Highs, China GDP Disappoints
The dollar held firm near a two-week high against a basket of six other currencies on Monday, with investor risk appetite help up in spite of the most recent data showing China’s 2018 economic growth slowing to a near
Dollar Nears Two-Week High on IMF Cut over Global Growth
The dollar stayed close to its two-week highs against its peers on Tuesday as a slowdown in China’s economy to 28-year lows fueled fresh worries regarding global growth and prompted investors to move into safe-haven currencies. Overnight, the International
Yen Slumps on Global Growth Risks and Trade Tensions
The safe-haven yen fell versus its peers on Wednesday as worries over slowing global growth and US trade tensions dampened investors’ appetite for riskier assets. The yen weakened by 0.3 percent versus the greenback to 109.73. Against the Aussie
Dollar Struggling over Trade War, Gov’t Shutdown
The dollar was restrained versus its peers on Thursday, limited by concerns over global growth, the US government shutdown, and a yet-unresolved US-China trade war. “Trade tensions are the most dominant factor for investor sentiment right now and will
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
Swissquote Launches New Stock Lending Program
Vantage Embarks on “Fresh Start” with Website Redesign
New Player on the Market: What Does Bankefex Offer?
ForexVox Unveils New Identity as MarketsVox
Saxo Bank’s December FX Trading Volume Records New High.
AvaTrade VIP Clients Enjoy 2.7% Interest Boost.
Japan’s New Currency Strategy: $60 Billion Intervention Shift
Quick Look: Atsushi Mimura replaces Masato Kanda as Japan’s top currency diplomat, shifting the strategy from heavy intervention to adaptive approaches. Mimura leverages favourable US economic data and market momentum, aligning interventions with prevailing trends. Public strategy knowledge may attract dip buyers, increasing risks for USD/JPY long positions during key US
Russian Forex: 99.6% Yuan Amid Sanctions
Quick Look: Yuan’s share in the Russian forex market surged to 99.6%, up from 53.6% in May. Mid-June sanctions halted US dollar and euro trading on the Moscow Exchange, forcing a pivot to alternative currencies like the yuan. Post-sanctions, average daily trading volumes on the Moscow Exchange dropped by almost a
USD Index Reclaims 105.00 Amid Economic Shifts
Quick Look: The USD Index (DXY) rose above 105.00, reflecting robust demand despite lower US yields, driven by upcoming testimonies from Fed officials. French snap elections and Jerome Powell’s congressional testimony are key events impacting investor sentiment and USD movements. EUR/USD reached a high of 1.0850 but fell back, highlighting the
EUR/USD Breaks Key Levels, Eyes 1.0920 Resistance
Quick Look: EUR/USD climbed above 1.0750 and 1.0780 resistance, supported by technical indicators and SMA signals. The immediate target is 1.0850, followed by 1.0865 and 1.0920, and the potential for 1.1120 if bullish momentum continues. Key support is at 1.0810 (aligned with 23.6% Fibonacci retracement) and 1.0790 (trend line support), crucial
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