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After Intervention, USD/JPY Rises Again May 7 2024

Given the significant interest rate gap between Japan and the United States, the yen remains a favored currency for carry trades.

AUD/USD Unable to Reach 0.6650 Due to This Event May 7 2024

The Reserve Bank of Australia acknowledges greater challenges in reducing inflation but refrains from further interest rate hikes.

eToro Applies for First Brokerage License in Singapore May 7 2024

eToro expands global reach, seeks regulatory license in Singapore amid plans for US IPO, eyeing strategic growth opportunities.

Celebrate Hari Raya with XM: 100% Deposit Bonus for Indonesian Clients! May 7 2024

XM Indonesia launches exclusive Hari Raya bonus: Enjoy a 100% deposit boost for enhanced trading.

FXCM Forex Broker Automates System, Sees 29% Efficiency Gain May 6 2024

FXCM partners with AU10TIX and boosts KYC efficiency by 29%, enhancing user security and onboarding experience.

Global Contests Launched! Win Big with LiteFinance May 6 2024

LiteFinance launches diverse trading contests tailored for Morocco, Nigeria, Ghana, and Turkey, with exciting prizes.

NFP Surprise Weakens Market Bets on Fed Rate Cuts May 6 2024

Disappointing Non-Farm Payroll data sparked a shift in market expectations for Federal Reserve interest rate cuts.

Dollar Dips on Disappointing Nonfarm Payroll, Supported by Price Data May 3 2024

Today's release of a range of US economic data caused the US dollar to fluctuate sharply.

Veteran Industry Leader Siju Daniel Joins ATFX Forex Broker as CCO May 3 2024

Former FXCM executive Siju Daniel has joined broker ATFX as Chief Commercial Officer (CCO) as a business strategy to strengthen its position as a market leader.

USD/JPY Drifts Lower as Japan Suspected of Further Intervention May 2 2024

Japan is believed to have injected over 50 billion USD to support the yen exchange rate through multiple rounds of intervention.