NZD/USD is extending its losses for the second successive session, trading around 0.6020 during the European hours on Thursday. The technical analysis of the daily chart suggests a bullish bias as the pair moves upwards within an ascending channel pattern.
Silver price (XAG/USD) extends its correction for the third trading day, slides almost 1.5% to near $35.50 during European trading hours on Thursday. The white metal retraces after failing to extend its over-decade high of $36.90 posted on Monday.
American asset management firm Capital Group is now one of Plus500's (LON: PLUS) investors and holds a 5.44 per cent stake in the London-listed retail broker, according to an RNS filing with the Lo...
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The Pound accelerates its reversal against the Japanese Yen and is nearing the bottom of the last week's trading range, at 194.70 hammered by downbeat UK monthly GDP and manufacturing production figures.Higher taxes and Trump’s tariff turmoil hit the UK economy in April, and the GDP shrank at a 0.3
The USD/CHF pair continues to lose ground for the second consecutive day, trading around 0.8170 during the European hours on Thursday. However, the bearish bias is prevailing as the pair moves downwards within the descending channel pattern, indicated by the daily chart’s technical analysis.
IC Markets, an Australia-headquartered forex and contracts for differences (CFDs) broker, has simplified access to its copy trading service for clients by integrating the cTrader Copy widget into i...
India's securities regulator rolled out a new payment verification system this week designed to help retail investors distinguish between legitimate brokers and unauthorized entities operating in t...
The Pound Sterling (GBP) jumps to near 1.3600 against the US Dollar during European trading hours on Thursday. The GBP/USD pair trades firmly as the US Dollar underperforms its peers due to uncertainty surrounding the tariff policy.
West Texas Intermediate (WTI) Oil price pulled back from a two-month high of $67.82, currently trading around $66.50 per barrel during the early European hours on Thursday.
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, tumbles to the lowest level in seven weeks near 98.35 due to rising expectations of Federal Reserve (Fed) rate cuts this year and persistent uncertainty over tariff battles.
Australia's financial regulator has banned a former financial adviser for 10 years after she funneled at least $14.8 million of client money into a cryptocurrency scam while telling investors their...
Chinese Foreign Minister Wang Yi said on Thursday that the government will always honour its commitments, adding that he hopes the US can work with China to implement what was agreed between the two presidents.
Two trading technology companies have joined forces to offer brokers and traders more tailored market analysis tools. Acuity Trading, which provides sentiment-driven analytics, has partnered with A...
The EUR/GBP cross gains momentum to around 0.8495 during the early European session on Thursday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the release of UK growth numbers.
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $66.53 per barrel, down from Wednesday’s close at $67.20.
The UK economy contracted in April, with the Gross Domestic Product (GDP) declining 0.3%, having increased by 0.2% in March, the latest data published by the Office for National Statistics (ONS) showed on Thursday.
The NZD/USD claws back its initial losses and rises to near 0.6040 during early European trading hours on Thursday. The Kiwi pair attracts bids as the US Dollar (USD) declines as uncertainty surrounding the outlook of the United States' (US) tariff policy has escalated.
The GBP/JPY cross struggles to capitalize on the previous day's modest gains and attracts fresh sellers during the Asian session on Thursday, though it lacks follow-through.
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