Trading
Trading
Dollar Edges Down Before US Inflation Data, Presidential Debate
Trading
Dollar Edges up After August US Payrolls Paints Mixed Picture
Trading
How Currency Marketplaces Have Changed Foreign Currency Trading Forever
Trading
Unlocking the Trade and Investment Potential of Central Asia
US Dollar Weakens, Sterling Hits More Two-Year High
Date: August 27, 2024
By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Sterling climbed to its highest against the U.S. dollar in more than two years on Tuesday, while the greenback slipped broadly after gains the previous session, as investors await key economic data this week and next. Currency moves remained driven by the prospect of upcoming U.S....
Ufunded.com Further Strengthens Platform With Native TradingView Integration
Date: August 26, 2024
Dubai, United Arab Emirates, August 26th, 2024, FinanceWire The world’s first trading platform to provide instant funding to its users, Ufunded.com, has made another pivotal move in their disruptive journey by natively integrating TradingView into their platform. Ufunded.com is committed to product-led-growth and is fully in alignment with TradingView’s mission of empowering traders, which has...
Asia Shares Hesitate and Dollar Dips; Oil Gains
Date: August 26, 2024
By Wayne Cole SYDNEY (Reuters) – Major share markets turned hesitant in Asia on Monday, while the dollar and bond yields were on the wane ahead of inflation data that investors hope will pave the way for rate cuts in the United States and Europe. Oil prices climbed 0.7% after Israel and Hezbollah traded...
European Stocks Rise on Rate Cut Hopes, Healthcare Sector Hits Record High
Date: August 23, 2024
By Ankika Biswas and Pranav Kashyap (Reuters) -Europe’s main stock index climbed on Thursday, with healthcare and retail stocks leading the charge, while investors cheered growing prospects of interest rate cuts by major central banks and sifted through a wave of economic data globally. The pan-European STOXX 600 index closed 0.4% higher, rising for...
Wall Street Stocks, Dollar Subdued as Fed Readies Rate Cuts
Date: August 22, 2024
By Lawrence Delevingne (Reuters) -Stocks and the dollar remained subdued on Thursday after Federal Reserve minutes signalled U.S. interest rate cuts were set to begin in a few weeks’ time. On Wall Street, the Dow Jones Industrial Average fell 0.20%, to 40,806.74, the S&P 500 lost 0.05%, to 5,617.78 and the Nasdaq Composite lost 0.13%,...
Cryptocurrency Comes of Age as a Mainstream Financial Asset
Date: August 21, 2024
Cryptocurrency is enjoying another bumper year, with Bitcoin more than doubling in value over the past four quarters and several other cryptos including Solana exceeding this performance. Despite the high ROI of many alternative assets in the crypto space, the conservative criticism of cryptocurrency persists in many financial circles. But is this still valid given...