Snapchat’s Q1 2024 Revenue Hits $1.2B, Up 9.09%, EPS at $0.03
Quick Look: Snapchat achieved $1.2B in revenue, surpassing the expected $1.1B. Reported $0.03 per share against a foreca
Natural Gas Prices Climb Amid Geopolitical Tensions
Quick Look: Natural gas trends bullish at $2.01; potential resistance up to $2.22, guided by EMAs. Prices rise amid Midd
Ray-Ban Meta x Ferrari Smart Glasses Launch at $499
Quick Look: New Ray-Ban glasses feature a 12 MP camera, voice commands, and multimodal AI for real-time translations. Of
EUR/USD Faces 3.4% Drop Amid US and EU Economic Shifts
Quick Look: EUR/USD faces a pivotal week with key US and EU economic indicators. Resistance and support identified: Resi
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Oil Prices Drop on Worries over Possible Oversupply
Oil Prices Fall as Future Growth Blurs
China Traders Play Down New Feed Guidelines
Natural Gas Prices Climb Amid Geopolitical Tensions
Global Events and Weather Drive Grains’ Price Increases
Silver Prices Struggle Amid Market Volatility, Down 1.27%
EDUCATION
Bitcoin Dips to $62,783, Wormhole W Surges 20%
BONK Burns 278 Billion Tokens; Solana Enhances Network
Mastering Trading Psychology: Key to Market Success
The Expanding Universe of Altcoins: Investing Essentials
FOREX NEWS
FOREX NEWS
BROKER NEWS
EUR/USD Faces 3.4% Drop Amid US and EU Economic Shifts
Quick Look: EUR/USD faces a pivotal week with key US and EU
USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies
Quick Look: Bank Of Japan decision led USD/JPY to hit a 34-year high; the FY 2024 growth forecast was revised to 0.8%. April’s 1.8% increase fell short of expectations, impacting inflation outlook and policy. Despite slow Q1 GDP growth,
USD/CHF Climbs to 0.9150 on US-Swiss Policy Shifts
Quick Look: USD/CHF stabilises with key support and resistance levels noted; potential for a bullish trend on breaking 0.9243. US Fed is likely to maintain rates; Swiss National Bank cut rates, with more cuts expected. The US shows mixed
USD/CAD Market Trends: Key Financial Events
Quick Look: USD/CAD nears key resistance at 1.36840-1.36860; support at 1.36720-1.36750. This week’s key events include US economic reports, Bank of Canada, and Federal Reserve rate decisions. Oil prices affect CAD; treasury yields and buying interest boost USD. The
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
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
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
Dollar Rallies on Risk-Averse Global Sentiment
The dollar experienced massive gains as investors flocked the world’s most liquid currency on fears of a slowdown in global economic growth. Read more here!
BROKER NEWS
Admirals UK Achieves Profit Turnaround in 2023
Admirals (formerly known as Admiral Markets), based in the UK, ended 2023 on a high note by earning a net profit of over £46,000. It was a significant improvement from a nearly £291,000 loss the year before. The company’s revenue soared by 40% to £8.4 million. Despite higher administrative
Admirals UK Achieves Profit Turnaround in 2023
Plus500 Witnesses Growth in Q1 Revenue
Axi Renews CFD Sponsorship Deal with Football
Plus500 Expands Office Space in Haifa and Boosts Hiring
EUR/USD Faces 3.4% Drop Amid US and EU Economic Shifts
Quick Look: EUR/USD faces a pivotal week with key US and EU economic indicators. Resistance and support identified: Resistance at 1.0754, Support at 1.0654. Upcoming US inflation data and central bank decisions are critical for the short-term outlook. The EUR/USD currency pair is moving toward a crossroads, facing challenges and opportunities.
USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies
Quick Look: Bank Of Japan decision led USD/JPY to hit a 34-year high; the FY 2024 growth forecast was revised to 0.8%. April’s 1.8% increase fell short of expectations, impacting inflation outlook and policy. Despite slow Q1 GDP growth, the dollar attracts investors; USD/JPY faces resistance near 160.00. The financial landscape
USD/CHF Climbs to 0.9150 on US-Swiss Policy Shifts
Quick Look: USD/CHF stabilises with key support and resistance levels noted; potential for a bullish trend on breaking 0.9243. US Fed is likely to maintain rates; Swiss National Bank cut rates, with more cuts expected. The US shows mixed signals with stable PMIs; the Swiss economy weakens with low inflation and
USD/CAD Market Trends: Key Financial Events
Quick Look: USD/CAD nears key resistance at 1.36840-1.36860; support at 1.36720-1.36750. This week’s key events include US economic reports, Bank of Canada, and Federal Reserve rate decisions. Oil prices affect CAD; treasury yields and buying interest boost USD. The USD/CAD pair has recently undergone noteworthy fluctuations in the dynamic landscape of
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