Dollar soft, yen strong as bets firm on aggressive Fed rate cut
By Vidya Ranganathan and Samuel Indyk LONDON (Reuters) -The dollar was lower on Monday while the yen hit its highest level in more than a year, as market participants increasingly…
Prop Firm QuantTekel Introduces Broker Services after Rebranding from AscendX Capital
In a social media post at X, the Forex Prop Firm AscendX Capital revealed it has rebranded as QuantTekel. The firm stated: “We are excited to announce that our name…
Waiting for a Payout from The Funded Trader Prop Firm? You Might Not See It This Year
Investors who have been waiting for over six months to withdraw their funds from the prop firm The Funded Trader (TFT) will need to find additional reserves of patience. The…
USDJPY Market Expects Overnight Rate Hike. Forecast as of 16.09.2024
The yen has undergone a notable shift in performance, emerging as a prominent market leader. Regardless of the pace at which the Bank of Japan implements monetary policy adjustments, the…
Labuan Regulator Limits FX and CFDs Brokers’ Offerings Only to Currency Instruments
The Labuan Financial Services Authority (LFSA) is restricting locally regulated forex and contracts for differences (CFDs) brokers to offering only currency-related instruments, such as spot FX and CFDs on FX.…
Oil prices stabilise ahead of Fed interest rate decision
By Robert Harvey LONDON (Reuters) -Oil prices stabilised on Monday as ongoing disruption to U.S. Gulf oil infrastructure balanced persistent demand concerns after a fresh round of Chinese data while…
Morning Bid: Fed hits easing week, China economy weak
A look at the day ahead in U.S. and global markets from Mike Dolan After an extraordinary 30-month monetary squeeze designed to zap a post-pandemic inflation spike, the Federal Reserve…
French FX/CFD Trader Numbers Fall Below 30,000, Lowest in 4 Years
The French online trading and listed derivatives markets are demonstrating resilience despite recent declines in active trader numbers, according to two new reports released by Investment Trends. The studies reveal…
Dollar weakens, yen strengthens as bets firm on aggressive Fed rate cut
By Vidya Ranganathan and Samuel Indyk LONDON (Reuters) -The dollar weakened and the yen hit its highest level in more than a year on Monday, as market participants increasingly expected…
Dollar retreats ahead of Fed meeting; Euro, sterling rise
Investing.com – The U.S. dollar fell Monday, while the euro and sterling gained, ahead of the expected start of a rate-cutting cycle by the Federal Reserve later this week. At…
