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Asian share markets slipped on Thursday after minutes from the Federal Reserve’s early May meeting showed a majority backing half-percentage-point rate hikes in June and July, and as persistent concerns over global growth sapped confidence.
News
The price of the GBP/USD currency pair resumed its rapid decline from the 1.2600 resistance level to the 1.2471 support level, after the release of the PMI data. This indicated that the British economy was on the verge of contraction in May and that conditions are deteriorating faster than they were situation during the epidemic. The GBP/USD pair is stable around the 1.2530 level at the time of writing the analysis.
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Brussels says about $24 billion of Russian central bank assets frozen in EU, less than expected
Industry
The dollar’s rally to two-decade highs appears to have stalled, with doubts growing on whether the U.S. economy will prove as resilient and monetary policy as aggressive as previously expected.
News
SHIB/USD is traversing in a very tight consolidated range as it continues to trade in fractional cents, this while speculative zeal surrounding Shiba Inu seemingly erodes.
News
The forex market has always looked glamourous from the outside with money-making opportunities everywhere, especially when it comes to forex brokers. With a high failure rate for forex traders to become successful, shouldn’t forex brokers be all profitable? What is the real reason that so many forex brokers go bust?
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The NAGA broker (NAGA Group) has been providing services in the Forex currency market since 2015. NAGA is a member of a German financial holding company NAGA Group AG, that is in demand on the Frankfurt Stock Exchange. The company applies modern technologies and introduces innovative solutions to compete with traditional financial institutions represented by banks and intermediaries in the investment market. Over 500 thousand active traders and passive investors currently use NAGA brokerage services. The broker is authorized by a CySEC in Cyprus and a technology company operating in Germany.
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Asia stocks opened mostly in positive territory on Wednesday even as global growth concerns and weak U.S. economic data weighed on Wall Street overnight.
News
INGOT BROKERS is an online forex broker that recently catch many’s attention. But can you withdraw money from INGOT BROKERS? Is INGOT BROKERS legit in your country? WikiFX recently received a lot of feedback related to this broker from traders. Therefore, WikiFX made a comprehension review on this broker to help you better understand the truth, and you should never miss it.
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Very often many traders get curious when they hear that the forex market has the largest amount of capital investment in the world with over 6.2 Trillion dollars invested and roughly 1.5 Trillion dollars traded daily. Some pause to argue where these large capitals come from. To this end, we have discussed extensively in the article, the major sources of the Capital traded in the forex market today.
News
New Zealand’s central bank raised interest rates by 50 basis points to 2.0% on Wednesday, its fifth rate hike in a row as it seeks to get on top of inflation and signaled the cash rate would peak at a
News
Coinciding with the beginning of this week's trading, forex currency traders noticed an upward rebound in the price of the euro currency pair against the US dollar, EUR/USD. This happened with gains to the resistance level of 1.0688, gains rebounding from its lowest level in five years, and the gains of the euro came against the rest of the other major currencies. This is following comments from European Central Bank President Christine Lagarde, who reported that the bank plans to exit negative territory this year.
News
Kyiv could use a basket of Russian assets that have been or will be frozen as collateral for the issue.
Industry(Reuters) – Gold prices hovered near a two-week high on Wednesday, buoyed by a pullback in U.S. Treasury yields and the dollar, with downbeat sentiment in riskier assets adding to safe-haven bullions appeal.
Industry
Asian shares got off to a sluggish start on Tuesday after a rally on Wall Street was soured by an early slide in U.S. stock futures, while the euro was near one-month highs as odds narrowed on a July rate
News
The Russian rouble strengthened to levels not seen since March 2018 against the dollar on Tuesday, boosted by export-focused companies selling foreign currency to pay taxes and shrugging off a slight easing of capital controls.
NewsBy Clara Denina and Kirstin Ridley LONDON (Reuters) – A British subsidiary of Glencore Plc will plead guilty to seven counts of bribery in London in connection with its oil operations as the commodity trading giant starts resolving a string of investigations that have spanned the
Industry(Reuters) – The U.S. Securities and Exchange Commission on Tuesday said TradeZero America Inc and co-founder Daniel Pipitone settled charges they falsely told customers that the broker-dealer did not restrict customers purchases of so-called meme stocks, when in fact they did.
IndustryROME (Reuters) – Telecom Italia (TIM) on Tuesday secured 1.6 billion euros ($1.72 billion) from the Italian government in a tender for the rollout of ultra fast broadband, the innovation ministry said.
IndustryBy Leah Douglas (Reuters) – State officials and manufacuturers are working out whether baby formula imported from outside the United States to address severe supply shortages will be available to families who rely on government discounts to make it affordable, a U.S. Department of Agriculture (USDA)
Industry
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