Gold Outlook: Navigating Bullish Prospects Amid FOMC Decisions
The gold outlook has been a topic of keen interest for traders and investors alike. As we navigate through the current market dynamics, the gold outlook appears to be on…
US farm agency to provide discrimination payments to 43,000 farmers
By Leah Douglas (Reuters) – The U.S. Department of Agriculture on Wednesday said it has issued $2 billion of financial assistance to more than 43,000 farmers, ranchers, and forest landowners…
Conquer Forex Emotions: Essential Tips for Confident Trading
Forex trading can be a roller coaster of emotions. Forex emotions like stress, fear, and greed often run high. Traders need to manage these emotions to trade successfully. In this…
EUR/USD Forecast: Optimistic Amid Market Uncertainty
The EUR/USD forecast has become a topic of intense interest as the market anticipates the upcoming Federal Reserve decision. Traders and analysts are closely watching for clues on the future…
Gold on track for monthly gain on Mideast fears, Fed rate-cut hopes
By Sherin Elizabeth Varghese (Reuters) – Gold prices firmed on Wednesday following the killing of a Hamas leader in Iran, on track for a monthly gain driven by optimism about…
Yen jumps as BOJ hikes rates, dollar dips before Fed
By Karen Brettell NEW YORK (Reuters) – The Japanese yen hit a four-month high against the dollar on Wednesday after the Bank of Japan raised rates to the highest since…
Column-Asian FX at crossroads as yen, yuan diverge: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – Japanese and Chinese monetary policy is diverging, meaning other Asian currencies may now also be at a crossroads. Do currencies, such as the…
Exclusive: Prop Trading Giant FTMO’s 2023 Turnover Hits $213 Million
FTMO, a prominent prop trading brand planning to launch a brokerage, generated a turnover of almost CZK 5 billion (over $213 million) in 2023, Finance Magnates learned exclusively. The figure…
Economic calendar for the week 05.08.2024 – 11.08.2024
Market participants continue to evaluate the results of the Fed meeting that ended on July 31 and the dollar’s prospects in this regard. For now, it still has the potential…
FCA Imposes Restrictions on London Stone Securities over Excessive Fees
The Financial Conduct Authority (FCA) announced today (Wednesday) that it has imposed strict restrictions on wealth management firm London Stone Securities Limited. The company can no longer undertake any regulated…
