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Bitcoin plunges as crypto giant accused of ‘web of deception’ – latest updates
The largest crypto token lost more than 3pc to fall below £21,000 as Binance and its chief executive Changpeng Zhao faced allegations of misusing inv...
Eur/usd analysis: remains trapped in a nearly two-week-old trading range
EUR/USD edges higher on Tuesday and is supported by a combination of factors. Expectations for additional ECB rate hikes underpin the Euro and act as ...
Eurostoxx futures -0.1% in early european trading
German DAX futures -0.2%UK FTSE futures -0.1%US futures are flattish but the late declines in Wall Street yesterday won't help to provide much optimis...
Fmls23: unveiling the future of finance
The Finance Magnates London Summit (FMLS) stands out as a pioneering event that represents the future of finance in 2023. This annual gathering of ind...
Intraday analysis – gbp attempts to bounce
GBPUSD tests support The US dollar retreated after May’s services PMI came in short of expectations. The pair came under pressure at a 12-month high...
Unveiling ifx expo asia, the financial industry's premier event in bangkok
In this exclusive interview, we have the privilege of speaking with Andreea Ilies, the Global Head of Events at XS.com, the Official Global Partner Sp...
Weekly forex analysis june 5 – 9 – gold demand, eurusd volatility, caution with us indices
Gold has remained within the demand zone The trading rooms are the opportunity to trade together with our traders! The rooms are available for all tra...
Unveiling ifx expo asia, the financial industry's premier event in bangkok
In this exclusive interview, we have the privilege of speaking with Andreea Ilies, the Global Head of Events at XS.com, the Official Global Partner Sp...
Germany april industrial orders -0.4% vs +3.0% m/m expected
Prior -10.7%; revised to -10.9%That is highly disappointing as it comes off the back of the already sharp drop in March*, which was due to a bit of an...
Gold price forecast: xau/usd could see choppy trading between two key dmas
Gold price is looking to extend the previous rebound from the key support near $1,940, as the United States Dollar (USD) remains vulnerable amid slugg...
Trade ideas thread - european session 6 june 2023
It's back to the drawing board for the dollar as the gains from Friday and early yesterday are falling short of reaffirming its credentials. USD/JPY i...
Ukraine accuses russia of blowing up dam near kherson, threatening massive flood
Ukraine accuses Russia of blowing up dam near Kherson, threatening massive flood Read Full Story The post Ukraine accuses Russia of blowing up dam nea...
Dax in the hands of german factory orders and ecb chatter
It is a relatively busy day for the DAX, with economic indicators for Germany and the euro area in focus. Central bank chatter will need monitoring, h...
Fx option expiries for 6 june 10am new york cut
There are a couple to take note of for today, as highlighted in bold.The first being for EUR/USD, with a large set of expiries sitting at around the 1...
Boj's ueda says to continue qqe until inflation target is achieved
Inflation and inflation expectations are heighteningChanges are emerging gradually to deflationary mindsetWhen inflation target is achieved, inflation...
European shares poised for muted open
European stocks are seen opening on a muted note Tuesday as weak U.S. data released overnight reinforced hopes that the Federal Reserve may skip an in...
Usd/cad slides towards 1.3400 on sluggish oil, downbeat us dollar ahead of boc, canada employment report
A daily closing below the 200-day Exponential Moving Average (EMA), around 1.3420 by the press time, becomes necessary for the USD/CAD bears to aim fo...
Equities turn south on softer us ism data [video]
Some of the big headlines from Monday include US equities reversing course from yearly highs on softer US ISM data, Moody’s reaffirming a stable out...
Cryptocurrency prices: here are rates of bitcoin, dogecoin, tether, ethereum
A stablecoin is a cryptocurrency that has very little volatility. Its value is linked to a real-world asset such as fiat currency or gold. Talking abo...
Usd/jpy price analysis: bearish triangle highlights 139.30 for yen traders
USD/JPY extends previous day’s fall within one-week-old bearish chart formation. Sustained trading below 100-EMA, bearish MACD signals favor Yen pai...
Aud/nzd renews multi-day top around 1.0950 on rba’s second hawkish surprise
AUD/NZD aptly portrays the market’s surprise from the Reserve Bank of Australia’s (RBA) rate hike as it jumps nearly 60 pips to the highest levels...
Cryptoverse: listless bitcoin seeks summer spark
Souvenir tokens representing cryptocurrency Bitcoin plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/File Photo June 6 (R...
Oil price forecast: opec+ output deal boosts market optimism, but global economic concerns persist
WTI Oil prices slide as concerns about the global economic outlook overshadow Saudi Arabia’s production cut. The post Oil Price Forecast: OPEC+ Outp...
Eur/aud daily outlook
Daily Pivots: (S1) 1.6143; (P) 1.6191; (R1) 1.6237; More… EUR/AUD’s decline continues today and break of 1.6134 support confirms resumption of who...
Rba shoots up aussie, dollar consolidating against europeans and yen
Australian Dollar surges broadly after surprised RBA rate hike. Tightening bias is also maintained, so more hike(s) could still be in the pipeline. Th...
To hike or not to hike? that is the question the federal reserve must answer
Market sentiment regarding the next step of the Federal Reserve has been changing as statements by Federal Reserve officials and reports are released....
Aud/usd jumps towards 0.6700 as rba again surprises with 0.25% rate hike, governor lowe’s speech eyed
AUD/USD gains near 50 basis points (bps) on the Reserve Bank of Australia’s (RBA) second surprise rate hike during early Tuesday. That said, the Aus...
Aud short-term bulls supported by hawkish rba and china
RBA surprised again with a 25-bps hike to raise the official cash rate to 4.10% Rumoured China’s property market stimulus measures also created a po...
A couple of releases to move things along in european trading today
The dollar was looking poised in early trading yesterday but stumbled late in the day as Treasury yields reversed lower. Of note, USD/JPY fell back be...
Australian dollar jumps as rba hikes; how much more to go for aud/usd?
The AUD jumped after the RBA surprisingly hiked interest rates by 25 basis points and said some further tightening may be required in its determinatio...
Solidity finance announces company rebrand to sourcehat
Solidity Finance has announced a major change to the company that will take place in the upcoming months. Starting on August 28th the company will be ...
Rba surprises the markets with a 25-basis point rate hike
The RBA increased the cash rate to 4.10% this morning and delivered a hawkish Rate Statement warning of further tightening should inflation not soften...
Aussie gets a lift after another surprise rate hike by the rba
The RBA is continuing their streak of being rather unconventional and at this point, perhaps not very predictable as well. The "big four" banks in Aus...
Aud/nzd breaks structural resistance after rba hike
AUD/NZD surges after RBA’s surprised rate hike and breaks through 1.0928 structural resistance. The development should confirm that corrective fall ...
Gold price forecast: xau/usd gyrates within $1,955-73 trading zone – confluence detector
Gold Price fades week-start recovery from key support confluence amid dicey markets. Mixed concerns about Federal Reserve, US-China ties prod XAU/USD ...