Australian Dollar Rises 0.37% Despite Recent 2.2% Drop
Quick Look: The Australian dollar rose 0.37% to 0.62254 after a recent 2.2% drop. Employment slowdowns, as only 7,200 jo
ASML Q1: Sales Drop 21.6%, Profit Beats with €1.22B
Quick Look: ASML reports mixed Q1 2024 results: Sales €5.29B, profits decline 40.39%. Christophe Fouquet appointed a
Cocoa Market Crisis: Prices Volatile Amid Shortages
Quick Look:: London cocoa futures dropped after reaching record highs due to severe supply shortages. Ghana postponed co
Telegram Nears 1 Billion Users Milestone
Quick Look: Telegram nears 1 billion users, signifying its global impact. Founder Pavel Durov emphasizes free speech and
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
Silver Prices Struggle Amid Market Volatility, Down 1.27%
Platinum Volatility: Prices Fluctuate Amid Market Challenges
Nickel Prices Shift Amid Supply Fears
EDUCATION
Toncoin Hits $7 on Telegram IPO Buzz, Up 192.63% YTD
Fantom’s Sonic Launch Fuels 8% Price Surge
Bitcoin Hits $72K as Halving Fuels Rally
Compounded Continuously: Unlocking its Significance
The Secrets of Hypothecation Agreements in Real Estate
FOREX NEWS
FOREX NEWS
BROKER NEWS
NZD/USD Edges Up 0.55%, Yet Bears Dominate
Quick Look: NZD/USD edges higher by 0.55%, still under bearish control. Daily
Currency Update: USD Weakens, EUR and GBP Rally
Quick Look: USD Index drops to 104.00, weakened by subpar economic indicators, hinting at investor unease. Euro and Pound gain on optimism, breaking key technical levels. WTI crude >$86/bbl, Gold nears $2,300/oz, Silver >$27/oz. Influences market sentiments with varied
Australian Dollar’s Turbulent Trade: USD And JPY Market Analysis
Quick Look: The Australian Dollar consolidates against the USD and finds support at 0.6450. Global risk appetite influences AUD’s strength against USD. AUD/JPY sees a modest increase, with resistance at Tenkan-Sen, 100.50, and 101.00. As of Tuesday, the AUD/USD
AUD Market Analysis: Key Trends & Numbers
Quick Look: AUD/USD is close to crucial support, hinting at possible further declines or a bullish reversal. EUR/USD approaches a support zone, with its future direction depending on its resilience. GBP/USD’s fluctuations around its SMA indicate uncertainty in its
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
Plus500 Witnesses Growth in Q1 Revenue
In the first quarter, Plus500 reported a $215.6 million revenue, marking a 4% rise Y-o-Y and a 14% increase Q-o-Q. Customer income was $169.6 million, with $30.6 million coming from customer trading performance. The remaining revenue came from interest income. Today’s unaudited trading update shows Plus500’s Q1 EBITDA
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
Dukascopy’s Trading Revenue Takes an 80% Hit in H1
NZD/USD Edges Up 0.55%, Yet Bears Dominate
Quick Look: NZD/USD edges higher by 0.55%, still under bearish control. Daily RSI at 44; Hourly RSI peaks at 76, hinting at short-term bullishness. Trades below key SMAs; bearish Measured Move pattern suggests targeting 0.5800s. US Services PMI miss vs. NZ economic contraction; RBNZ holds on rates. Short-term relief is possible,
Currency Update: USD Weakens, EUR and GBP Rally
Quick Look: USD Index drops to 104.00, weakened by subpar economic indicators, hinting at investor unease. Euro and Pound gain on optimism, breaking key technical levels. WTI crude >$86/bbl, Gold nears $2,300/oz, Silver >$27/oz. Influences market sentiments with varied forecasts for major currencies. The USD Index (DXY), a barometer for the
Australian Dollar’s Turbulent Trade: USD And JPY Market Analysis
Quick Look: The Australian Dollar consolidates against the USD and finds support at 0.6450. Global risk appetite influences AUD’s strength against USD. AUD/JPY sees a modest increase, with resistance at Tenkan-Sen, 100.50, and 101.00. As of Tuesday, the AUD/USD pair entered a consolidation phase, experiencing a slight rally during the session.
AUD Market Analysis: Key Trends & Numbers
Quick Look: AUD/USD is close to crucial support, hinting at possible further declines or a bullish reversal. EUR/USD approaches a support zone, with its future direction depending on its resilience. GBP/USD’s fluctuations around its SMA indicate uncertainty in its next movement direction. EUR/AUD maintains a neutral to cautiously bullish outlook, influenced
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