The biggest oil and gas companies are prepared to report annual profits,
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How Did Goldman Lose $3 Billion?
A large portion of Goldman Sachs’ consumer lending business has lost around $3 billion since 2020, according to th
Dollar slides to a seven-month low
The dollar fell to a seven-month low versus major peers on Monday. Meantime, the yen soared to a more than seven-month h
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Tesla’s decision to cut the price on several models will allow more consumers to qualify for a $7,500 federal elec
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The biggest oil and gas companies are prepared to report annual profits,
WTI crude is to record a weekly decline amid the easing Middle
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Big Oil Is on Track to Break Annual Profit Records
US Natural Gas Falls Below $3
Oil Prices Are Holding Steady
Big Oil Is on Track to Break Annual Profit Records
US Natural Gas Falls Below $3
Oil Prices Are Holding Steady
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FOREX NEWS
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After Recent Falls, the Dollar Has Stabilized
On Monday, the pound and Japanese yen dipped from multi-month highs against
The Dollar Remained Stable
The Dollar Remained Stable The dollar held steady but was pinned near sixteen-week lows against a basket of major currencies and, in October, fueled investor hopes that interest rates would soon peak. The dollar index compares the currency to
Sterling at Fresh 16-Week High
Sterling at Fresh 16-Week High On Thursday, sterling rose to a near 16-week high against a broadly weak dollar, with currency traders ignoring gloomy British manufacturing data for the time being. The pound was last up 0.8% against the
The Dollar Is Set to Suffer Its Largest Monthly Loss
The Dollar Is Set to Suffer Its Largest Monthly Loss On Wednesday, the dollar fell from a one-week high ahead of Federal Reserve Chair Jerome Powell’s speech. At the same time, optimism about possibly loosening China’s COVID restrictions set
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
OANDA Japan: No More fxTrade, USD/JPY Margin Shift
On Friday, one of Japan’s longest-standing online forex and CFD brokerages, OANDA Corporation, announced major changes to their service. Specifically, the Japanese subsidiary of the brokerage will no longer allow new downloads of its desktop version of the fxTrade trading platform. It has also changed the margin rate for
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After Recent Falls, the Dollar Has Stabilized
On Monday, the pound and Japanese yen dipped from multi-month highs against the dollar as traders, investors, and analysts speculated on whether the greenback’s recent bout of weakness was coming to an end. The dollar rose 0.7% against the yen to 135.217, bouncing from Friday’s three-and-a-half month low of 133.62, while
The Dollar Remained Stable
The Dollar Remained Stable The dollar held steady but was pinned near sixteen-week lows against a basket of major currencies and, in October, fueled investor hopes that interest rates would soon peak. The dollar index compares the currency to six other currencies, including the yen and euro. It rose 0.191% to
Sterling at Fresh 16-Week High
Sterling at Fresh 16-Week High On Thursday, sterling rose to a near 16-week high against a broadly weak dollar, with currency traders ignoring gloomy British manufacturing data for the time being. The pound was last up 0.8% against the dollar, trading at $1.2157, its highest level since August 12, surpassing the
The Dollar Is Set to Suffer Its Largest Monthly Loss
The Dollar Is Set to Suffer Its Largest Monthly Loss On Wednesday, the dollar fell from a one-week high ahead of Federal Reserve Chair Jerome Powell’s speech. At the same time, optimism about possibly loosening China’s COVID restrictions set it on track for its huge monthly loss since late 2010. In
OANDA Japan: No More fxTrade, USD/JPY Margin Shift
On Friday, one of Japan’s longest-standing online forex and CFD brokerages, OANDA Corporation, announced major changes to their service. Specifically, the Japanese subsidiary of the brokerage will no longer allow new downloads of its
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