Pound Loses Ground Against Greenback. Forecast as of 14.11.2024
The British pound grows reluctantly on positive economic news and experiences sell-offs against unfavorable data releases. The Bank of England’s hawkish stance initially supported the GBPUSD pair. However, the release of…
CFDs Broker Fortrade Increased 2023 Profits Despite 39% Revenue Drop
London-headquartered Fortrade, a contracts for differences (CFDs) broker, ended 2023 with a turnover of £19.7 million and a net profit of £1.05 million, according to the latest Companies House filing.…
Weak Dollar Pushes US Forex Deposits to Lowest Levels in 2024
The third month of dollar declines and testing 18-month lows has clearly discouraged US investors from seeking investment opportunities in financial markets. According to the latest September 2024 data, retail…
Oil prices broadly flat after falling on dollar surge
By Trixie Yap (Reuters) – Oil prices slipped in early trade on Thursday, reversing most of the previous session’s gains on a stronger dollar and worries of higher global output…
Dollar climbs to one-year peak; Powell’s speech in focus
Investing.com – The U.S. dollar pushed further higher Thursday, climbing to a one-year peak after consumer inflation data raised doubts over the extent of Fed interest rate cuts, while Donald…
Cinkciarz.pl Aims for Banking Future After License Loss, but Regulator Pushes Back
Polish fintech company Cinkciarz.pl (Conotoxia) sparked controversy this week after announcing plans to transform into a joint-stock company and pursue a banking license, drawing immediate pushback from Poland’s financial regulator,…
Iran tells IAEA chief it will negotiate, but not under pressure
DUBAI (Reuters) -Iran is willing to resolve disputes with the United Nations nuclear agency over its compliance with safeguards on its atomic programme but will not do so under pressure,…
Iran tells IAEA chief it is ready to negotiate, but not under pressure, X
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US Dollar Advances as Fed Pause Unlikely. Forecast as of 14.11.2024
The actual CPI data was in line with forecasts, prompting the futures market to reassess the trajectory of the fed funds rate. However, the central bank’s rhetoric can hardly be…
Why Singapore Traders Are Happier Than Ever (Even As Their Numbers Shrink!)
Singapore’s online trading landscape is undeniably shrinking. The active trader population declined for the third consecutive year despite reaching unprecedented levels of client satisfaction. Singapore Online Trading Base Contracts Despite…
