USD/CAD edging to recent highs with little alternative to the USD at present Read More

The S&P 500 may rise if the Biden administration rolls back some of the Trump-era tariffs on Chinese goods, but that joy may be short-lived if CPI data exceeds expectations. Read More

Darwinex, a UK-based retail broker and asset manager, has gained an operational license from the regulator in Spain, locally known as Comisión Nacional del Mercado de Valores (CNMV). Officially announced on Tuesday, the new license will allow the brokerage to legally offer trading services to retail customers in Spain and also in other European Economic Area (EEA) countries. “It has […]

The euro tanked after EU and German ZEW Economic Sentiment Index numbers missed expectations exposing 1.00 on EUR/USD. Read More

A different week but the same old story as the US dollar continues to surge in value against a range of currencies, including the beleaguered British Pound. Read More

Plus500 (LON: PLUS) has closed the second quarter of 2022, between April and June, with $240.5 million in revenue, which is an increase of 68 percent year-over-year. The EBITDA for the period soared 118 percent to $143.7 million. The EBITDA margin also jumped to 60 percent from 46 percent in the second quarter of the previous year. Last quarter’s growth […]

Gold prices are nearing the September 2021 low as the US Dollar gains on risk-off flows. The US CPI data due out Wednesday is unlikely to offer bullion support as the Fed keeps inflation expectatio… Read More

The Australian Dollar is under the pump as the US Dollar keeps gaining on recession threats and China slowdown hitting global growth. Where to for AUD/USD? Read More

Looming developments in the Relative Strength Index (RSI) may point to a further advance in USD/JPY as the oscillator is on the cusp of pushing into overbought territory. Read More