Euro Latest: EUR/USD and EUR/JPY Prices and Outlooks
The Federal Reserve and the European Central Bank will announce their latest policy decisions in the next 24 hours and that makes trading EUR/USD a tricky proposition. Read More
Sterling Update: GBP Takes Back Seat Ahead of Fed, ECB Meetings
The pound has held up nicely against the dollar but has lost ground against the euro. This week is all about the Fed and ECB which will be the driving forces behind FX Read More
USD Breaking News: Uneventful ISM Services Beat Heightens FOMC Expectancy
The USD slid after the ISM services report exposed a large decline in the employment reading, setting the stage for the FOMC announcement later today. Read More
Oil Prices in Tailspin as Economic Risks Darken Demand Outlook, Bears in Control
Oil prices extend losses from the previous session and fall to their lowest level since late March, dragged lower by growing economic headwinds, including the possibility of a U.S. recession. Read More
Fed Raises Rates by Quarter Point, Signals Pause in Hiking Cycle
The Federal Reserve raised interest rates by 25 basis points to 5.0%-5.25% at the end of its May policy meeting, dropping language that it anticipates additional policy firming. Read More
Crude Oil Steadies as Markets Eye Fed and ECB Rate Decisions. Where to for WTI?
Crude oil prices consolidated into Tuesday as markets digest data ahead of monetary policy meetings from the Federal Reserve and the ECB. If both banks tighten, will WTI go lower? Read More
Australian Dollar Spikes After RBA Hikes. Will AUD/USD Find Higher Ground?
The Australian Dollar shot higher after the RBA raised the cash rate to 3.85%, surprising markets. The bank cited inflation as being too high. If they hike again, will AUD/USD go higher? Read More
GBP/USD Price Forecast: Pound Resilient Ahead of Fed
GBP/USD is relatively muted against its more macro influenced counterparts this week as the pair prepares for the Fed tomorrow. Pound continues to hover around 1.25. Read More
Euro Area Core Inflation Retreats as YoY Print Accelerates, EUR/USD Lower
Euro Area annual inflation rate ticked higher April missing estimates by 0.1% as the Core print ticked lower. Following the data and the ECB Bank Lending Survey, is a 25bps hike from the ECB now a certainty on Thursday? Read More
Swiss Broker Dukascopy’s Profit Surges 200% to Second-Highest in History
Dukascopy Bank, a Swiss retail forex and CFDs brokerage and retail banking provider, released its annual report for the financial year 2022 on Thursday, reporting the second-highest profit in the group’s history. The firm’s net profit skyrocketed 207% to CHF 6.4 million, which is up from CHF 2.1 million in 2021. Dukascopy Generates Profit across BoardHowever, the figure is below […]