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Foreign Exchange Market

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Asian Currencies Surge as US Rate Cut Bets Rise Amid Economic Concerns

Business

7 Sep, 2024
Emily Brown

Asian Currencies Surge as US Rate Cut Bets Rise Amid Economic Concerns

Analysts have raised bullish bets on most Asian currencies after mixed data heightened concerns about economic growth in the world’s...

GBPJPY Breaks Above Pivotal 200DMA: Bullish Continuation Signal Emerges

World

3 Sep, 2024
Maria Garcia

GBPJPY Breaks Above Pivotal 200DMA: Bullish Continuation Signal Emerges

GBPJPY rose to a one-month high on Monday and generated an initial signal of bullish continuation on a probe above...

Dukascopy's Revenue Plummets by 38% in H1 2024, Posting First Operating Loss Since 2018

Business

3 Sep, 2024
Makoto Yamada

Dukascopy's Revenue Plummets by 38% in H1 2024, Posting First Operating Loss Since 2018

Dukascopy Bank SA, a Geneva-based retail forex and CFDs broker, has experienced a significant downturn in its financial performance during...

US Dollar Expected to Weaken Further: UBS Predicts Continued Losses

World

2 Sep, 2024
Kwame Osei

US Dollar Expected to Weaken Further: UBS Predicts Continued Losses

The U.S. dollar has recently fallen to the lowest level this year on raised expectations that the Federal Reserve will...

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