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Quick Look Cocoa prices surged to a record high of $8,100 per

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cryptocurrency - avalanche and others
Cryptocurrencies

At a Glance: Avalanche (AVAX) witnesses a significant price recovery, soaring to

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Cocoa
Commodities

Quick Look Cocoa prices surged to a record high of $8,100 per

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Quick Look Zinc futures soared to a 5-week high amid output cuts

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Wibest EUR/USD – Euro: Close up shot of US dollar bills.

EUR/USD Dips to 1.0872 Amid Economic Shifts

Quick Look: The recent downtrend in EUR/USD – 1.0980, with current activity around 1.0885. Resistance and support levels identified are crucial for the next movements. Possible rate cut in June hinted by ECB’s policymakers; Economic events like the Fed

China Yuan Gains while the U.S. Dollar Continues Downfall

People’s Bank of China Sets USD/CNY at 7.0975

Quick Look PBoC sets the USD/CNY reference rate at 7.0975, defying the estimate of 7.2058. 1-Year MLF rate and 7-day RR maintained in China, signalling steady monetary policy. Net liquidity injection of 3 billion yuan amidst ongoing market regulation

Wibest – CHF Franc: New Swiss franc notes.

Swiss Franc Dynamics: USD/CHF Eyes Bullish Reversal

Quick Look USD/CHF trades between support at 0.8670 and resistance at 0.8810, hinting at a bullish reversal. Swiss CPI aligns with forecasts; SNB holds rates at 1.75%. US economic data shows mixed signals; however, USD dominance persists in the

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

Broker News

Admirals Launches New Analytical Tools for MT4 & MT5

Admirals recently introduced the Admirals Analytical Research Terminal, a new analytical platform designed for MT4 and MT5 traders, in collaboration with Acuity, a leader in AI-driven financial technologies. This addition uses the latest AI innovations to provide a collection of distinctive features that enhance the investing and trading experience

AUD/USD

AUD/USD Drops 0.32% Ahead of Key Economic Events

Quick Look: AUD/USD declined by 0.32% on Friday, ending the session at $0.65595. Key economic indicators from China and upcoming interest rate decisions by the RBA and the Fed are in focus. Bearish signals on the daily chart with the AUD/USD trading below key EMAs. The Australian Dollar against the US

Wibest EUR/USD – Euro: Close up shot of US dollar bills.

EUR/USD Dips to 1.0872 Amid Economic Shifts

Quick Look: The recent downtrend in EUR/USD – 1.0980, with current activity around 1.0885. Resistance and support levels identified are crucial for the next movements. Possible rate cut in June hinted by ECB’s policymakers; Economic events like the Fed Rate decision and Eurozone inflation could heavily influence future trends. The EUR/USD pair

China Yuan Gains while the U.S. Dollar Continues Downfall

People’s Bank of China Sets USD/CNY at 7.0975

Quick Look PBoC sets the USD/CNY reference rate at 7.0975, defying the estimate of 7.2058. 1-Year MLF rate and 7-day RR maintained in China, signalling steady monetary policy. Net liquidity injection of 3 billion yuan amidst ongoing market regulation efforts. Post-” “quant quake” scrutiny increases, with significant adjustments in key quant

Wibest – CHF Franc: New Swiss franc notes.

Swiss Franc Dynamics: USD/CHF Eyes Bullish Reversal

Quick Look USD/CHF trades between support at 0.8670 and resistance at 0.8810, hinting at a bullish reversal. Swiss CPI aligns with forecasts; SNB holds rates at 1.75%. US economic data shows mixed signals; however, USD dominance persists in the market. EUR/CHF sees gains, with potential for further rise as long as

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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