Euro Weekly Forecast: EUR/USD Faces Inflation Packed Week
Teaser: EUR/USD begins the week on the front foot post-NFP but key inflation releases this week could turn the tide. Read More
Gold Price Defends Yearly Low with US CPI on Tap
The update to the US Consumer Price Index (CPI) may prop up the price of gold as the report is anticipated to show easing price pressures. Read More
Bitcoin and Ethereum Forecast for the Week Ahead
Bitcoin and Ethereum post strong sessions following NFPs. Higher prices ahead? Read More
US Dollar’s Suffers Biggest Drop 7 Years, Is That the Start of Something?
The Federal Reserve made clear its intention to keep up its inflation fight, but that drive will only last so long. The DXY Dollar Index suffered its biggest daily drop since December 2015 to end this past week, while stretching a record-breaking run above the 100-day moving average. Will CPI, UofM survey or risk trends change that trend? Read More
Australian Dollar Outlook: Wings Clipped by the RBA
The Australian Dollar lost ground after the RBA continued to tilt away from a hawkish stance and the US Dollar was underpinned by a Fed hosing down inflation. Will AUD/USD go lower? Read More
The Importance of Order Flow in Forex Trading
<p>In order to be successful in forex trading, it is important to understand the concept of order flow. This involves understanding how buyers and sellers interact to create price movement. By understanding order flow, traders can better anticipate price movements and make more informed trading decisions.</p><p>Forex Trading and the Order Flow</p><p>The spot foreign exchange market is the most traded financial […]
Deutsche Börse’s Cash Markets Resume Months-Long Fall in Volumes in October
<p class=”MsoNormal”>The cash markets of Germany’s Deutsche Börse exchange resumed its months-long fall in trade volumes in October declining by -14% to €98.16 billion. Year-over-year (YoY), the volumes sank by -21%. </p><p class=”MsoNormal”>Deutsche Börse disclosed these figures in its cash market trading volumes for October 2022 <a href=”https://deutsche-boerse.com/dbg-en/media/press-releases/Cash-market-trading-volumes-in-October-3203726″>published</a> on Tuesday. </p><p class=”MsoNormal”>In September, trading volumes in the cash markets <a […]
Public.com Goes to Europe in 2023, Looks for Licenses and Acquisitions
<p> Public.com, a zero-commission stock <a href=”https://www.financemagnates.com/terms/t/trading-platform/” target=”_blank” id=”f85800b2-ccf5-4f50-9e8e-780d32afc6f6_1″ class=”terms__main-term”>trading platform</a> from the United States, wants to start its operations in the European market next year. The startup, valued at $1.2 billion and headquartered in New York, thinks about potential acquisitions in the Old Continent, despite failed talks about taking over the Dutch peer Bux.</p><p class=”MsoNormal”>The company, backed by Tiger […]
Exclusive: Finalto Gets New Group CEO as Hoffman and Greenbaum Depart
<p class=”MsoNormal”>Ron Hoffman, the Group Chief Executive Officer (CEO) of Finalto Group, and Liron Greenbaum, the Group Chief Operating Officer (COO), have departed the financial solutions providers after over seven years, Finance Magnates learned exclusively on Friday. </p><p class=”MsoNormal”>Finalto Group has also tapped Matthew Maloney, who has been the CEO of Finalto Financial Services and Finalto Trading since February 2021, […]
British Pound Forecast – GBP/USD Battling Back After a Week of Heavy Losses
GBP/USD fell by over 3 big figures on the week as a hawkish Fed and growth warnings from the BoE left cable struggling to find support. Read More