Forex Brokers and Market News

CMC Markets exceeds FY24 income expectations, buoyed by strong Q3 performance & cost-saving measures.

Economic data signals slower growth in the US economy, yet inflation pressures remain unexpectedly high.

HYCM Europe halts EU operations and surrenders its CIF license. HYCM Europe has yet to disclose the reason behind this action.

Despite persistent warnings from Japanese officials about potential currency intervention, USD/JPY climbed to its highest level since the mid-1990s at 155.17 in Wednesday's New York session.

Australian inflation data released this morning pushed back expectations for a Reserve Bank of Australia (RBA) rate cut from September to November, bolstering AUD/USD.

Several upcoming agendas could serve as stronger catalysts for the US dollar and major pairs compared to yesterday's PMI data release.

IC Markets is venturing into the prop trading space with the launch of ICFunded. Currently in beta testing, this platform will allow traders to trade with the firm's capital.

UK domestic news boosted GBP/USD amidst the lack of high-impact economic data releases from the US.

Vantage updates trading platform to lead in indices CFDs, emphasizing transparency and cost savings.

Capital Markets Elite Group UK branch faces a net loss of £892,630 despite a revenue surge, raising concerns in the brokerage sector.