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FOREX NEWS

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dollar, usd/cad-american-canadian-dollars

Market Volatility Drives USD/CAD Lower

Quick Look: USD/CAD declined by 0.1%: Recent market events pushed the pair to the mid-1.3750s after a strong start in April. Diverging monetary policies and economic data from the US and Canada influence the currency dynamics. The pair’s break

Wibest – CHF Franc: New Swiss franc notes.

USD/CHF Targets 0.9173 Amid Rising Channel

Quick Look: USD to CHF consolidating near 0.9105 with a neutral bias; key resistance at 0.9152. The first potential target is 0.9173; further rise may test 0.9240. Impact of Fed’s monetary policy and Middle East tensions on currency values.

Wibest – Australian Dollar: The AUD/USD sign on a trading trading chart with a green arrow pointing upward.

Australian Dollar Rises 0.37% Despite Recent 2.2% Drop

Quick Look: The Australian dollar rose 0.37% to 0.62254 after a recent 2.2% drop. Employment slowdowns, as only 7,200 jobs appeared in March, cooling labour market signals. RBA rate decision pending; Next meeting on May 7, influenced by Q1

United states dollar

US Dollar Nears 10-Week Highs Ahead of US Growth Report

The dollar was near a 10-week high on Friday as investors anticipated the US economic growth figures’ impact on its continuing strength that has been going on for months in the forex world. US President Trump has been outspoken

United states dollar

Dollar Goes Up Against other Currencies on Bullish Data

The dollar edged higher against a basket of its key rivals on Monday, not far from a 10-week high following that data that showed US economic growth slowed less than expected and as global risk sentiment stayed fragile. The

Euro Slides on German Chancellor News

Euro Slides on German Chancellor News

The euro weakened on Monday after a report said that German Chancellor Angela Merkel will not seek re-election as party chairwoman, marking the end of a 13-year era in which she has dominated European politics.   [img desc: Angela

BROKER NEWS

Plus500 Witnesses Growth in Q1 Revenue

In the first quarter, Plus500 reported a $215.6 million revenue, marking a 4% rise Y-o-Y and a 14% increase Q-o-Q. Customer income was $169.6 million, with $30.6 million coming from customer trading performance. The remaining revenue came from interest income.   Today’s unaudited trading update shows Plus500’s Q1 EBITDA

Wibest – NZD USD: A close up of a New Zealand dollar coin.

NZD/USD Struggles at Key Resistance Levels

Quick Look: NZD/USD stalled at 0.5920 and faces resistance at 0.5940 with further hurdles at 0.6100, 0.6135, and 0.6160. Positioned below 200-hour EMA of 0.5950; RSI below 60, suggesting potential upward movement.  Cautious investor sentiment due to US inflation, geopolitical tensions, and high US interest rates. The New Zealand Dollar (NZD) is

dollar, usd/cad-american-canadian-dollars

Market Volatility Drives USD/CAD Lower

Quick Look: USD/CAD declined by 0.1%: Recent market events pushed the pair to the mid-1.3750s after a strong start in April. Diverging monetary policies and economic data from the US and Canada influence the currency dynamics. The pair’s break below the 30-day SMA and RSI below 50 suggest downward momentum. The

Wibest – CHF Franc: New Swiss franc notes.

USD/CHF Targets 0.9173 Amid Rising Channel

Quick Look: USD to CHF consolidating near 0.9105 with a neutral bias; key resistance at 0.9152. The first potential target is 0.9173; further rise may test 0.9240. Impact of Fed’s monetary policy and Middle East tensions on currency values. The USD to CHF pair remains on a steady ascent within its

Wibest – Australian Dollar: The AUD/USD sign on a trading trading chart with a green arrow pointing upward.

Australian Dollar Rises 0.37% Despite Recent 2.2% Drop

Quick Look: The Australian dollar rose 0.37% to 0.62254 after a recent 2.2% drop. Employment slowdowns, as only 7,200 jobs appeared in March, cooling labour market signals. RBA rate decision pending; Next meeting on May 7, influenced by Q1 CPI figures. The Australian Dollar saw a modest recovery, increasing by 0.37%

Dukascopy’s Trading Revenue Takes an 80% Hit in H1

The Swiss-based Dukascopy today made its interim consolidated income statement public. The report showed a sharp 80% plunge in profits, dropping to CHF 889,000 in H1 of this year from CHF 3.9 million during

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