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Dollar loses steam, euro on front foot as ECB meeting looms
The U.S. dollar retreated further on Wednesday as the euro extended its overnight bounce on relief Europe might avoid the worst fears concerning energy shortages, and on the chance the European Central Bank may deliver a more aggressive rate hike.
Column – Weary tolerance of Italian market volatility: Mike Dolan
There’s a weary acceptance among investors of almost inevitable market volatility around Italy’s latest political upheaval – but that’s where the hand-wringing tends to end this time.
Marketmind: Weapons of war
U.S. earnings – bad, but not as bad as feared for giants like Netflix – and a dollar languishing at two-week lows are lifting the mood. And European markets are in for a lift, catching the tailwind from Wall Street which on Tuesday enjoyed their largest one-day gain in weeks.
‘Panic’ in Pakistani markets as rupee slides further against U.S. dollar
The Pakistan rupee slid further against the U.S. dollar on Wednesday, as the local foreign exchange association warned that panic was spreading through the currency market following the sharp declines this week.
World shares hit three-week high on easing recession fears
World shares hit a three-week high on Wednesday as strong U.S. corporate earnings and the expected resumption of Russian gas supply to Europe allayed fears of a recession, though the dollar hovered near two-week lows on lower U.S. rate hike expectations.
EXPERTS SAY THE FG'S CONFLICTING MARKET LAWS ARE REDUCING INTERNATIONAL INVESTMENT.
International investors in Nigeria's financial industry criticized the inconsistent laws issued by the Federal Government, FG, over the weekend, claiming that they discourage foreign investors from investing in Nigeria.
UK inflation strikes new 40-year high of 9.4% in June
British consumer price inflation hit an annual rate of 9.4% in June compared with 9.1% in May, data showed on Wednesday.
WikiFX Review: is it worthwhile to invest in Stocks24?
The currency market, which is filled both opportunities and risks, is unpredictable. While many investors have gained considerable returns after investing in the forex market, those who suffered great losses have learned painful lessons. Today, WikiFX is going to review a forex broker named Stocks24 for investors and traders.
Thai central bank to ensure uninterrupted economic recovery
Thailand’s economy has clearly recovered and the central bank will ensure the recovery is not interrupted by efforts to tackle higher inflation, the central bank chief said on Wednesday, amid expectations of an interest rate hike.
Pound rallies vs dollar as data suggests BoE has room to hike
Sterling strengthened against a broadly struggling dollar but fell against a firmer euro on Tuesday, with domestic politics still in the spotlight and the latest data suggesting the cost-of-living squeeze had not yet hit demand for staff in Britain.
Natural Gas Technical Analysis: Losing Negative Pressures
Spot natural gas prices continued to rise in their recent trading at the intraday levels, to achieve new daily gains until the moment of writing this report, after it advanced in yesterday's trading by 7.19.
Thai central bank to ensure uninterrupted economic recovery
Thailand’s economy has clearly recovered and the central bank will ensure the recovery is not interrupted by efforts to tackle higher inflation, the central bank chief said on Wednesday, amid expectations of an interest rate hike.
WikiFX Review: The Dirty Tricks of MagnateTrade
Moving to the WikiFX APP, we find that MagnateTrade is included, but with a score of only 1.00/10. The words unregulated and unlicensed are clearly visible.
CySEC Issued Warnings Against 'Finfluencers' and 'Gamification' Trading
"CySEC is worried about the increased involvement of younger, inexperienced investors, as well as the proliferation of information on social media and internet platforms promoting sophisticated goods that are not necessarily what they seem," said Dr. George Theocharides, Chairman of CySEC.
WikiFX Scam Alert: plz stay away from LUCRUM.PRO!!!
WikiFX is going to tell you why it’s not a good idea to invest in lucrum.pro in the following review.
CySEC Warns on 7 Unauthorized Investment Websites
On Monday(23 May 2022), the Cyprus Securities and Exchange Commission (CySEC) has issued a warning regarding 7 unregulated investment entities.
FVP Trade’s freezing of funds: Many investors complained to WikiFX about FVP Trade
FVP Trade claims to be a UK-based online forex broker that provides transparent pricing, fast execution, and advanced charting tools for its traders. However, Recently, WikiFX has received a lot of complaints related to this broker. If you're wondering what's going on, please continue to read.
African countries and their inflation rates in 2022
The world is currently battling with high inflation rate and Africa is not exempted from this experience, with countries on the continent printing record high inflation rate in 2022. The surge in inflation rate is following the rally in crude oil prices, amidst the face-off between Russia and Ukraine.
ACY’s 2022 Trading Cup Winner Announced
The real-money contest offers a $1 Million prize pool distribution across the top 5 placed traders over 1 year of trading.
Russia’s Alrosa to make Eurobond payment in roubles
Russian diamond miner Alrosa intends to make a coupon payment on two $500-million Eurobonds in roubles, after the sanctioned company was unable to make payment in U.S. dollars, the company said on Tuesday in a statement.
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