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Switzerland Delivers Bombastic News, USD/CHF Turns Bullish

Mar 21 2024    
Switzerland started cutting interest rates three months earlier than the market had previously expected. The impact boosted USD/CHF and dragged down several other currencies.

US Dollar Posts Gap Down After FOMC Announcement

Mar 21 2024    
Wall Street cheered the FOMC announcement and Fed Chair Jerome Powell's press conference this morning. But the US dollar exchange rate fell.

Maximize Your Trading Rewards This Ramadan with FxPro's Special Offer

Mar 21 2024   FxPro News  
FxPro offers a two-time deposit bonus program of up to 100% for all its clients. Maximize trading potential with converted credit bonuses into account balance.

Admirals Sees Impressive Client Growth, Despite €3.9M Loss

Mar 21 2024   Admirals News  
Admirals reports a loss of EUR 3.9M despite a surge in active clients. The new CEO aims for strategic growth amid the transition.

ECB Boss Fails to Calm Euro Interest Rate Speculation

Mar 20 2024   Market News  
ECB President Christine Lagarde outlined some conditions that must be achieved before starting to cut Eurozone interest rates. But EUR/USD remains under pressure ahead of today's FOMC announcement.

Financial Services Provider BidX Markets Announces Rebrand

Mar 20 2024   News  
BidX Markets rebrands to Multi Asset Solutions, expanding services amid regulatory landscape changes.

eToro Forex Broker Launches App for Apple and Meta Headsets

Mar 20 2024   eToro News  
eToro breaks ground in AR/VR with plans to debut its trading app on Apple and Meta headsets, revolutionizing financial services.

GCEX Bolsters UK Operations with Key Hires to Meet Growing Demand

Mar 19 2024   News  
GCEX strengthens UK operations with new appointments: Ignacio Corral as Compliance Officer and Helen Man as Financial Controller.

RBA Announcement is a Surprise, AUD/USD in Trouble

Mar 19 2024   Market News  
The RBA removed the discourse of further interest rate hikes in the previous meeting results statement, so the market dumped the Australian dollar.

USD/JPY Rises Despite Japan's Interest Rate Hike

Mar 19 2024   Market News  
Interest rate hikes usually strengthen the associated currency, but today's historic BoJ decision triggered a sell-off in the yen. Here's why.