According to the latest media reports, appeals against forex manipulation cases by 16 major investment banks were rejected by the US District Court on Thursday, and US Manhattan District Judge Lorna Scofield allowed most of the lawsuits to continue.
Latest financial new has it that the UK and EU may reach a compromise on fishery issues in the trade negotiation. Meanwhile, British Prime Minister Johnson stated that suspended economic activities in UK begin to resume partially on June 1st. Stimulated by the news above, GBD/USD rocketed over 150 point.
June 1st, from WikiFX news. The escalating protests in US fueled market’s risk-aversion, injecting strong momentum into the gold market that pushed gold to surge above the key 1740 right after opening.
Rio Tinto apologised for the destruction of a sacred Aboriginal cave in Western Australia that showed evidence of continual habitation dating back 46,000 years, and said it would urgently review its plans for other sites in t
Image copyrightAFPImage caption The empty streets outside the New York Stock Exchange, 19 MayFor man
The U.K. government is preparing to unveil an economic stimulus package in July as it steps up attempts to lessen the depth of the recession caused by the coronavirus pandemic, the Financial Times reported, citing unidentified government officials.
The Dow Jones, S&P 500 and Nasdaq Composite may climb after my Wall Street index avoided a downside breakout. Donald Trumps news conference on China cooled escalation woes.
This is the first of the educational series written in conjunction with WikiFX & Swim Trading. Today you will get introduced to the world of Forex and how you can get started in trading the Forex market.
SHARE THIS ARTICLE ShareTweetPostEmail Boeing Co. aircraft, operated by Aerolineas Argentina SA, st
Canada will invest C$30 million ($21.8 million) to enable its provinces and territories to promote holidays in their "own back yard" because of the closure of the country's borders due to the novel coronavirus pandemic.
May 31st from WikiFX news. After the heavy slump in February, the US stock market has regained nearly 38% to date since March 22nd . WikiFX reminds investors that more attention should be given to the short interest in US stock market.
Thailand's parliament passed a 1.9 trillion baht ($58 billion) economic support package on Sunday to ease the impact of the coronavirus. The legislation, comprising three bills, include a government plan to borrow 1 tri
As South Africa loosens its lockdown from Monday, data for April is proving just how bad the economy was hit by regulations that shuttered almost all activity except essential services during that month.
The devastation of the coronavirus pandemic on the U.S. labor market will be on display this week, with Fridays jobs report likely to show the unemployment rate soared to nearly 20% and employers cut millions more from their payrolls in May.
As a forex trader, a good forex deal always has rules to follow. The analysis is necessary and important. There are three common analysis methods: Technical analysis, fundamental analysis and sentimental analysis.
May 30th from WikiFX news. The forex information inquiry service provider WikiFX recently updated the latest commitment of traders report in forex futures up to May 19th, 2020.
May 29th, from WikiFX news. Hong Kong stock market tumbled downhill after opening on 28th, falling over 2% at one point. In addition, Renminbi has been depreciating recently mainly due to the USD Index jittering at a high level in the risk-off market.
US Dollar Eyes Trump Speech, Beware of Month-End Rebalancing
There is no doubt that the sudden outbreak of the COVID-19 epidemic is a typical "black swan" incident. This virus is extremely rare in human history. However, the epidemic seems to have the characteristics of "gray rhino".
The Australian Dollar may be at risk to a reversal against the US Dollar after Trump announced a news conference on China later today. Until then, financial markets may remain in limbo.
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