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Maintaining the most up-to-date technology stack is a priority for any forex brokerage in 2024. It comes as no surprise that an increasingly competitive retail industry also necessitates tailored solutions…
Read More »Market holidays make for a slower start to the new week
That is keeping the overall mood more muted so far today. In the UK, it is the spring bank holiday and in the US, it is going to be Memorial…
Read More »Bank of Japan Governor Ueda says some challenges are uniquely difficult for the Bank
Bank of Japan Governor Ueda We have made progress in moving away from zero and lifting inflation expectations, but we must now re-anchor them, this time at the 2% target…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.2539 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »Chinese fighter jets reportedly carrying live missiles in Taiwan drills
It is also being reported by the Chinese state media that China has sent out dozens of fighter jets and conducted mock strikes in targeted areas in the region. This…
Read More »Forexlive Americas FX news wrap 17 May.The price of the DXY index closes below its 100W MA
US stocks rally into the close but close mixed. Dow closing above 40K for the 1st time. Silver extends rally to 6% — an image to define the precious metals…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.2017 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »The wait continues..
That will once again make for a quieter session in Europe, barring any surprise headlines. The dollar is little changed currently, after having traded more mixed yesterday. Meanwhile, US stocks…
Read More »Iraq won’t agree to new oil production cuts, minister says
There could be some fireworks in the oil market at the weekly open. Iraq’s oil minister made a comment suggesting they won’t agree to any additional cuts at the June…
Read More »At some point this will be a problem for markets
I saw this chart today (here) and didn’t believe it so I double checked the Census Bureau and it’s true. The current projection is for the US population to now…
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