Company News

Latest News

Dollar Rallies on Upbeat Economic Data Dollar Rallies on Upbeat Economic Data

July 17, 2019
The dollar index, which measures the greenback against a basket of major currencies extended gains rising to a high of 97.44 on upbeat economic data.

Sterling Slumps on Brexit Uncertainty Sterling Slumps on Brexit Uncertainty

July 16, 2019
The British Pound lost ground against rivals amid ongoing Brexit uncertainty. The chance of the Eurosceptic Boris Johnson to win the leadership of the conservative party is rising.

Aussie Rallies on Encouraging Chinese Data Aussie Rallies on Encouraging Chinese Data

July 15, 2019
The Australian dollar strengthened against rivals supported by the encouraging Chinese economic data. The Reserve Bank of Australia lowered interest rates in two consecutive meetings to boost the economic activity as the board was afraid of the significant slowdown of the Chinese economy.

Dow Futures Hit Fresh Record High on Rate-Cut Bets Dow Futures Hit Fresh Record High on Rate-Cut Bets

July 12, 2019
Major US stock-index futures extended gains on Fed rate cut bets. The Federal Reserve Chairman Jerome Powell concluded his semi-annual monetary policy testimony while affirming that the Fed will do whatever it takes to sustain the current economic expansion which priced in an interest rate cut of 25 basis point in the coming monetary policy meeting. 

Powell's Dovish Testimony Weighs on Dollar Powell's Dovish Testimony Weighs on Dollar

July 11, 2019
The dollar index, which measures the greenback against a basket of major currencies, fell sharply to a low of 96.83 on dovish Powell's testimony. 

CFDs and Spot FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Spot FX work, and whether you can afford to take the high risk of losing your money. Read More
Read More
Mail Call Chat