The Euro Area recorded no growth in Q4, according to the latest Eurostat data, in line with analysts’ forecasts. EUR/USD unchanged after Tuesday’s Powell inspired heavy sell off. Read More
<p>Forex trading industry <a href=”https://www.financemagnates.com/terms/t/technology-provider/” class=”terms__main-term” id=”35d66747-cf26-42b4-be1f-d75d2fdd8824″ target=”_blank”>technology provider</a> Integral announced that the Mexico-based brokerage firm, Grupo Bursátil Mexicano had selected Integral’s cloud-based SaaS FX technology, which offers direct liquidity connectivity, a pricing engine, and complete risk management capabilities. </p><p> Grupo Bursátil Mexicano Taps Integral for FX Tech </p><p> The <a href=”https://www.financemagnates.com/institutional-forex/integral-announces-availability-of-integralfx-in-singapores-sg1-data-center/” target=”_blank” rel=”follow”>SaaS solution</a> enables the Mexican broker to […]
Crude oil prices sank the most in 2 months after testimony from Fed Chair Jerome Powell. Ahead, WTI is eyeing DOE oil inventory data and JOLST job openings. Where to? Read More
The Dow Jones and S&P 500 plunged as increasingly hawkish testimony from Federal Reserve Chair Jerome Powell offered markets a reality check. Is a 50-basis point rate hike the next move? Read More
Gold and silver suffered heavy losses on Tuesday as rate-sensitive assets took a beating following Fed Chairman Powell’s hawkish comments at a congressional hearing. Read More
The US dollar extended gains after Powell embraced a hawkish stance in an appearance before Congress, stating that the Fed’s terminal rate is likely to settle higher than initially anticipated to tame inflation. Read More
The greenback received fresh impetus following Fed Chair Powell’s testimony. USDCAD finally clearing the range high at 1.3700 which has been a key area of resistance since November 2022. Read More
UK Halifax house price data rose for a second successive month. The initial optimism has since dissipated as early gains were surrendered following the European Open. Read More
Hawkish rate expectation re-pricing is supporting the Euro ahead of Federal Reserve chair Jerome Powell’s appearance before US lawmakers, for now. Read More