OPEC+ sources said that the group’s oil producers are considering reducing its
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OPEC+ sources said that the group’s oil producers are considering reducing its
WTI crude is to record a weekly decline amid the easing Middle
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OPEC+ To Cut the Output By 0.5-1 Million BPD
Gold Moves Below The $1,650 Threshold
Oil Finally Recovers from Months Low
OPEC+ To Cut the Output By 0.5-1 Million BPD
Gold Moves Below The $1,650 Threshold
Oil Finally Recovers from Months Low
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The Euro Is Regaining Its Ground Ahead of The ECB Meeting
The euro gained ground on Thursday ahead of the European Central Bank
The Dollar Rises As The Ukraine War Is Expected To Continue
After the release of scorching inflation data, the dollar nudged higher in early European trade Wednesday, while the euro traded around a five-week low on worries that the war in Ukraine might drag on for a long time. The
Ahead of The US CPI Release, the Dollar Rises on High Yields
The dollar rose in early European trade Tuesday; it received a boost from high US bond rates ahead of the release of the latest consumer inflation data, which should confirm the Federal Reserve’s quick rate of tightening. The Dollar
The Euro in Relief from Macron’s Election Victory in France
After French President Emmanuel Macron defeated far-right rival Marine Le Pen in the country’s first round of presidential elections on Monday, the euro seemed to be snapping a seven-day losing streak versus the dollar. Investor fears over the euro
Forex Markets: Dollar grapples ahead Fed minutes while gaining in Yen
The dollar struggles on facing its peers today, falling before the Federal Reserve’s (Feds) policy minute talk. However, it manages to gain on the yen when strong investor risk desires to rim the demand of the Japanese money. That
Currency Pairs: Yuan, Aussie Rise on Trade Hopes
CURRENCY PAIRS – Hopes over an imminent trade deal between the United States and China that could potentially end a year-long tit-for-tat tariff dispute pushed the yuan and the Australian dollar higher on Monday. Behind such optimism was a
Dollar Soars, Aussie Slips on Economic Report
CURRENCY PAIRS – The dollar climbed up to a near-record-high against other majors early on Wednesday thanks to higher US yields and estimate-topping data. The Aussie, on the other hand, plummeted after lackluster economic growth data for the previous
FX Market: Dollar Weakens on Soft US Economic Data
FX Market – Lackluster US economic data weakened the US dollar as it strengthened speculations that the Federal Reserve will cut rates in the year. Meanwhile, the British pound stayed near nine-month highs as market participants hope for a
BROKER NEWS
FxPro UK Reports 48% Revenue Drop in 2021
FxPro UK Limited, the FCA-regulated subsidiary of the Cyprus-based group, published its financials for the fiscal year 2021, ending on December 31. The report showed that the broker’s revenue decreased 48 percent to £900,365 from more than £1.7 million in the previous fiscal year. With only £36,440 of other
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The Euro Is Regaining Its Ground Ahead of The ECB Meeting
The euro gained ground on Thursday ahead of the European Central Bank meeting, which is likely to lay out a more detailed plan for unwinding stimulus, perhaps paving the way for a first-rate rise later this year. The euro climbed 0.12 percent to $1.09050 at 0835 GMT, ahead of the meeting,
The Dollar Rises As The Ukraine War Is Expected To Continue
After the release of scorching inflation data, the dollar nudged higher in early European trade Wednesday, while the euro traded around a five-week low on worries that the war in Ukraine might drag on for a long time. The Dollar Index, which monitors the greenback against a basket of six other
Ahead of The US CPI Release, the Dollar Rises on High Yields
The dollar rose in early European trade Tuesday; it received a boost from high US bond rates ahead of the release of the latest consumer inflation data, which should confirm the Federal Reserve’s quick rate of tightening. The Dollar Index, which measures the dollar’s value against a basket of six other
The Euro in Relief from Macron’s Election Victory in France
After French President Emmanuel Macron defeated far-right rival Marine Le Pen in the country’s first round of presidential elections on Monday, the euro seemed to be snapping a seven-day losing streak versus the dollar. Investor fears over the euro zone’s second-largest economy’s future orientation have impacted the currency, adding to anxieties
FxPro UK Reports 48% Revenue Drop in 2021
FxPro UK Limited, the FCA-regulated subsidiary of the Cyprus-based group, published its financials for the fiscal year 2021, ending on December 31. The report showed that the broker’s revenue decreased 48 percent to £900,365
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