Trading
Top Stories
Surprise British GDP Drop, EU Tensions Add to Sterling Woes
Top Stories
Yen Falls to Lowest Level Since 1998 as U.S. Yields March Higher
Top Stories
Japanese Yen Jumps After Authorities Sound Intervention Warning
Top Stories
Britannia Global Markets to Give up Lme Membership on June 20
Yen Tumbles Against Euro as Central Bank Policy Diverges
Date: June 8, 2022
By Samuel Indyk LONDON (Reuters) – The euro hit a seven-year peak against the yen on Wednesday, getting a lift after an upward revision to first quarter growth and ahead of a European Central Bank meeting on Thursday that is likely to pave the way for rate hikes later in the year. The ECB is...
Naga Review – Is It the Best Social Trading Platform Out There?
Date: June 8, 2022
NAGA’s trading platform has been catching a lot of steam lately, with its userbase growing to over 1 million users. The company is known for pioneering some very innovative approaches to trading and introducing a variety of user-first features. With that being said, many traders wonder if NAGA is the right platform for them to...
Dollar Edges up as Stocks Rally, Inflation Data Eyed
Date: June 6, 2022
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar advanced modestly on Monday as a boost in risk appetite sent U.S. equities higher and kept gains on the safe haven in check ahead of a key reading on inflation later in the week. After touching a near twenty-year high of 105.01 on May 13, the...
Pound up vs Weaker Dollar as Johnson Faces Confidence Vote
Date: June 6, 2022
By Lucy Raitano LONDON (Reuters) -The British pound rose on Monday against a broadly weaker dollar, hours before Prime Minister Boris Johnson was due to face a confidence vote called by members of his Conservative Party. Johnson is seen surviving the vote which was called after a growing number of lawmakers in the governing Conservative...
Dollar Higher After U.S. Job Growth Tops Expectations
Date: June 3, 2022
By Saqib Iqbal Ahmed and Stefano Rebaudo NEW YORK (Reuters) – The U.S. dollar edged higher against a basket of currencies on Friday, after a better-than-expected U.S. employment report pointed to a tight labor market that could lead the Federal Reserve going with interest rate hikes. Nonfarm payrolls increased by 390,000 jobs last month, the...
Russian Rouble Falls Below 62 vs Dollar on Friday Trade
Date: June 3, 2022
(Reuters) – The Russian rouble fell below 62 to the dollar on Friday and lost over 1% versus the euro as foreign demand for roubles to pay for Russian gas weakened. At 0757 GMT, the rouble was 0.9% weaker against the dollar at 62.17 and had eased 1.1% to trade at 66.29 versus the euro....