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- Australian dollar soars as US unemployment claims jump June 9, 2023 9:00 am OANDA Market Pulse AUD/USD soars after US jobless claims surprise Chinese CPI and PPI decline in May The Australian dollar is trading quietly on Friday, at 0.6713. There are no US or Australian releases on the calendar, which means it should be an uneventful day for the …
- Swiss franc soars on SNB warning, US jobless claims June 9, 2023 8:07 am OANDA Market Pulse SNB’s Jordan hints at a June rate hike US jobless claims jump Swiss franc climbs 1.2% The Swiss franc is showing limited movement on Friday, trading at 0.8998. On Thursday, the Swissie surged higher, gaining 1.2%. SNB’s Jordan signals more rate hikes are …
- Singapore snags ‘most ideal country for FX traders’ title June 9, 2023 4:43 am Singapore Business Review The Lion City recorded a forex suitability score of 8.07 out of 10. Singapore has outranked Japan and China in the City Index’s list of most ideal markets for forex traders. According to City Index, Singapore’s high turnover of over-the-counter (OTC) …
- Indian rupee rises 5 paise to 82.46 against US dollar June 9, 2023 4:31 am Republic World The rupee gained 5 paise to 82.46 against the US dollar in early trade on Friday amid positive trends in equities markets. Forex traders said falling crude price and inflow of foreign fund in domestic equities markets also provided support to the Indian …
- Asian Markets Rise On Revived Hopes For A Fed Rate Pause June 9, 2023 4:05 am International Business News Traders are optimistic the Federal Reserve will stand pat on interest rates at its meeting next week AFP Stocks rallied again in Asia on Friday, fired by renewed optimism that the Federal Reserve will hold off lifting interest rates next week as fresh data …
- Citigroup dismantles forex strategy team, cuts analyst jobs, say sources June 9, 2023 1:53 am The Straits Times NEW YORK – Citigroup has dismantled its global team that provides commentary and analysis on foreign-exchange markets, according to people familiar with the matter. All jobs within the CitiFX global FX strategy team are affected, although some people may …
- Asia Fuel Oil: Market structure, cash premiums soften on thin trade June 9, 2023 1:50 am Business Recorder SINGAPORE: Asia’s fuel oil market structure and cash premiums eased further on Thursday amid thin activity, while onshore inventories at Singapore rose for a second straight week. Spot 0.5% very-low sulphur fuel oil (VLSFO) fell to $5.35 a tonne over …
- Rupee dips a tad June 9, 2023 1:07 am Daily FT Bond yields increase marginally By Wealth Trust Securities Ltd The secondary bond market remained active yesterday as yields were seen increasing marginally. Selling interest on the maturities of 01.07.25 and 2027’s (i.e., 01.05.27 & 15.09.27) saw …
- Forex Trading Psychology: Managing Emotions for Success June 8, 2023 8:05 pm IT News Africa Forex trading is undoubtedly an exciting and lucrative way of investing. However, the success of a forex trader is more than just determined by expertise and extensive knowledge in market analysis. Even if you master thousands of trading strategies, …
- Attention! RBI Releases List Of Unauthorised Foreign Exchange Entities; Check Full List June 8, 2023 7:51 pm News18 Last Updated: June 08, 2023, 14:58 IST Check List of Entities That Are Neither Authorised To Deal In Forex Nor Authorised To Operate Electronic Trading Platform. RBI List of Unauthorised Forex Entities in India: The Reserve Bank of India (RBI) has added …
