US DOLLAR GAINS AFTER FED'S HAWKISH PAUSE IN TODAY'S FOREX MARKET
New Zealand's Q2 GDP figures will be made public during the Asian session. Thursday's focus on central banks continues after the Federal Reserve, with the Bank of England's and the Swiss National Bank's choices garnering the most attention.
FOREX SHORTAGE CAUSES THE NAIRA TO FALL TO N930/US$
There are signs that the currency problems that followed the foreign exchange market reforms in June 2023 may continue to exist as the Naira's parallel market devaluation continued Tuesday, falling from N925 in the middle of last week to N930/$1.
TODAY'S FOREX: THE US DOLLAR IS FLUCTUATING AHEAD OF THE FOMC
Today is FOMC day, and it's going to be busy. New Zealand will present Q2 current account data and Japan will present August trade data during the Asian session. The Australian Westpac Leading Index will also be made public. The People's Bank of China (PBoC) interest rate decision will be the main topic of discussion. The UK will present August inflation statistics later today, and Germany will present wholesale inflation data. The Federal Reserve will make its monetary policy announcement during the American session.
FOREX TODAY: US DOLLAR REGAINS GROUND TODAY AMID CAUTIOUS OPTIMISM
After Reuters reported, citing sources, that Country Garden, the largest private property developer in China, from its creditors to postpone the repayment of six onshore notes by three years, the markets experienced. The small increases in Asian indices are being aided by the tech companies on Wall Street.
WikiFX Reviews Sophie Capital Financial Trading Pty Ltd
Explore the alarming case of Sophie Capital Financial Trading Pty Ltd, an unregulated online trading broker that has vanished, leaving clients unable to access their funds, shedding light on the risks associated with unregulated brokers in the financial industry.
Four Kinds of Forex Traders
Forex trading is the practice of trading on currency prices. Currencies are traded in pairs, which means they are exchanged for one another. A trader forecasts whether the value of one currency will rise or fall in relation to another. Each type of trader has different strategies and time horizons, but all share the goal of making profits in the Forex market. In this article, Let's discuss the different types of traders in the FX market.
Philippine Cryptocurrency Exchange PDAX to Delist Binance USD
DAX, a Philippine cryptocurrency exchange, will delist Binance USD (BUSD) from its platform following Binance’s decision to withdraw support for the stablecoin. PDAX users must convert or transfer their BUSD assets before October 27, 2023, or they will be automatically converted to PHP.
Multibank Group Sets Industry Standards with Transparency, Regulatory Compliance, and Innovation
Explore how Multibank Group is shaping the financial sector with its unwavering commitment to transparency, regulatory compliance, and innovation. Based in California and a market leader in derivatives, the firm offers unique products like "tokenized gold" and has a solid financial foundation with a capital of over $322 million. With plans for global expansion, Multibank Group is the go-to choice for over 1 million clients seeking trustworthy and innovative financial solutions.
eToro Adds 94 UCITS ETFs To Its Platform With Zero Commission
eToro adds 94 UCITS ETFs to its platform, offering zero commission and new data insights. Learn more about the benefits of investing in these ETFs and how to access them on eToro.
LUX Trading Review: An Independent Prop Trading Firm
Discover LUX Trading Firm: A model of transparent and responsible prop trading. Gain access to live capital, dedicated risk management, and an upcoming proprietary trading platform. Join a reliable partner in your trading journey.
Five Illegal websites are blocked by Italian regulator Consob
Italy Regulator Companies and Exchange Commission (CONSOB) has ordered Internet service providers to block 5 abusive websites from Italy to offer financial services without the proper authorization.
FCA Warning List of Unauthorised Brokers
FCA issued a warning list against Unregistered Firms on 28 Sep 2023. Financial Conduct Authority (FCA) is a regulatory body in the UK.
What is Honey Trap?
In the high-stakes world of online trading, the "honey trap" emerges as a cunning tactic employed by fraudulent brokers to ensnare unsuspecting investors, making it imperative to explore how these traps work and the crucial role of due diligence in safeguarding one's investments.
India 10-year yield posts first quarterly rise in 5 on rising oil, US peers
MUMBAI, Sept 29 (Reuters) - Indian government bond yields rose on Friday, with the benchmark yield p
India's Vedanta raises funds at higher rates amid company rejig, bankers say
MUMBAI, Sept 29 (Reuters) - Indias Vedanta Ltd (VDAN.NS), a subsidiary of Vedanta Resources, has rai
India's Vedanta raises funds at higher rates amid company rejig - bankers
MUMBAI, Sept 29 (Reuters) - Indias Vedanta Ltd (VDAN.NS), a subsidiary of Vedanta Resources, has rai
FOREX TODAY: ON A CALM DAY, THE US DOLLAR INDEX SNAPS A NINE-DAY WINNING STREAK.
The minutes from the Reserve Bank of Australia's September meeting will be made public on Tuesday. The final Consumer Price Index (CPI) will be made public by Eurostat later in the day. The US will report on Housing Starts and Building Permits, while Canada will present August inflation statistics.
EXPERTS EXPLAIN WHY CBN'S TWO-WEEK STRATEGY TO ELIMINATE FX BACKLOGS WON'T WORK.
Economic experts have remarked that it is very much "impossible" for the apex bank to achieve that within that time frame after the Central Bank of Nigeria (CBN) declaration that it is set to eliminate the FX backlogs within two weeks.
Jalan Kalrock Consortium completes capital infusion to revive India's Jet Airways
BENGALURU, Sept 29 (Reuters) - The Jalan Kalrock Consortium (JKC) said on Friday that it has complet
Jalan-Kalrock consortium completes capital infusion in India's Jet Airways
BENGALURU, Sept 29 (Reuters) - The Jalan-Kalrock consortium said on Friday that it has fulfilled its
Latest News
FOREX TODAY: US DOLLAR REGAINS GROUND TODAY AMID CAUTIOUS OPTIMISM
WikiFXIndia's Vedanta raises funds at higher rates amid company rejig, bankers say
WikiFXPhilippine Cryptocurrency Exchange PDAX to Delist Binance USD
WikiFXFCA Warning List of Unauthorised Brokers
WikiFXFive Illegal websites are blocked by Italian regulator Consob
WikiFXWhat is Honey Trap?
WikiFXFOREX TODAY: ON A CALM DAY, THE US DOLLAR INDEX SNAPS A NINE-DAY WINNING STREAK.
WikiFXLUX Trading Review: An Independent Prop Trading Firm
WikiFXMultibank Group Sets Industry Standards with Transparency, Regulatory Compliance, and Innovation
WikiFXUS DOLLAR GAINS AFTER FED'S HAWKISH PAUSE IN TODAY'S FOREX MARKET
WikiFX