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Axi Select Capital Allocation Program Hits $1 Million in Funding
Axi Select Capital Allocation Program Hits $1 Million in Funding
News Discussion Forum
By Finance Magnates
Axi Select Capital Allocation Program Hits $1 Million in Funding
Axi, a global online trading service provider, has announced that Francisco Quesada Godines, a trader, has reached a key achievement in its Axi Select capital allocation program.
Axi
retail FX
retail forex
retail brokers
retail
prop trading
USD/CNH: Above 7.2960, USD can stop declining – UOB Group
USD/CNH: Above 7.2960, USD can stop declining – UOB Group
US Dollar (USD) is expected to trade between 7.2700 and 7.2900.
USDCNY
USDCNH
Technical Analysis
Banks
Aluminium rises after EU agrees to ban on Russian imports – ING
Aluminium rises after EU agrees to ban on Russian imports – ING
LME aluminium prices rose above $2,700/t briefly yesterday, for the first time in a month.
Metals
Commodities
Banks
Libertex Enters Formula One as the Official Online Trading Partner of KICK Sauber F1 Team
Libertex Enters Formula One as the Official Online Trading Partner of KICK Sauber F1 Team
News Discussion Forum
By Finance Magnates
Libertex Enters Formula One as the Official Online Trading Partner of KICK Sauber F1 Team
The partnership underscores Libertex’s expanding footprint in global sports.
NZD/USD: Upward momentum has slowed – UOB Group
NZD/USD: Upward momentum has slowed – UOB Group
Outlook is mixed; New Zealand Dollar (NZD) is likely to trade in a 0.5675/0.5725 range vs US Dollar (USD).
NZDUSD
Technical Analysis
Banks
Gold homes in on the $3,000 mark
Gold homes in on the $3,000 mark
The big one is coming for gold
EU sanctions Russian vessels – ING
EU sanctions Russian vessels – ING
Supply uncertainty continues to support the oil market, which faces multiple risks, including disruptions to Kazakh flows, the potential for a delay in the return of OPEC+ barrels, weather events in the US, and ever-present sanctions risks hanging over the market.
Oil
Energy
Commodities
Banks
EUR/USD gains further after slighter higher US Initial Jobless Claims
EUR/USD gains further after slighter higher US Initial Jobless Claims
EUR/USD rises to near 1.0450 as the US Dollar (USD) declines in Thursday’s North American session.
EURUSD
ECB
Fed
RiskAppetite
SEO
NZD/USD gains to near 0.5730 as US Dollar faces selling pressure
NZD/USD gains to near 0.5730 as US Dollar faces selling pressure
The NZD/USD pair moves higher to near 0.5730 in European trading hours on Thursday.
NZDUSD
RBNZ
Fed
Inflation
RiskAppetite
GBP: The European bond market sell-off is unwelcome – ING
GBP: The European bond market sell-off is unwelcome – ING
If European bond markets are going to sell off further, life may become even harder for UK Chancellor Rachel Reeves, ING’s FX analysts Chris Turner notes.
GBPUSD
Technical Analysis
Banks
BOE
AUDUSD Technical Analysis – The AUD outperforms on a series of positive news
AUDUSD Technical Analysis – The AUD outperforms on a series of positive news
The AUDUSD pair reached a new high following a series of positive news for the Australian Dollar like the RBA’s hawkish cut, the strong employment report and the positive Trump’s comments on a trade deal with China. What’s next?
AUD
USD
AUD/USD is under mild downward pressure – UOB Group
AUD/USD is under mild downward pressure – UOB Group
Australian Dollar (AUD) is under mild downward pressure vs US Dollar (USD); it could edge lower but is unlikely to break below 0.6305 (there is another support at 0.6325).
AUDUSD
Technical Analysis
Banks
Gold steadies underneath its fresh all-time high ahead of US trading session
Gold steadies underneath its fresh all-time high ahead of US trading session
Gold’s price (XAU/USD) orbits near its fresh all-time high after already having printed one in early European trading on Thursday. The push higher comes after United States (US) President Donald Trump said that a trade deal with China could be possible
Gold
Commodities
UnitedStates
SEO
TradeWar
JPY to outperform on the crosses, especially against the Euro – ING
JPY to outperform on the crosses, especially against the Euro – ING
This is not a broad-based decline but is largely led by developments in Japan, ING’s FX analysts Chris Turner notes.
USDJPY
Japan
BOJ
Banks
GBP to remain bullish near term – Danske Bank
GBP to remain bullish near term – Danske Bank
EUR/GBP broke firmly below the 0.83 mark during yesterday's session amid higher-than-expected inflation, Danske Bank's FX analyst Mohamad Al-Saraf reports.
GBPUSD
BOE
Inflation
Banks
Technical Analysis
Bullish
USD: The Fed doesn't seem worried about the consumer – ING
USD: The Fed doesn't seem worried about the consumer – ING
The Dollar Index (DXY) is a little softer, ING’s FX analysts Chris Turner notes.
DollarIndex
Technical Analysis
Banks
PBOC: To promote cross-border use of the Yuan currency
PBOC: To promote cross-border use of the Yuan currency
Following are the key takeaways from the People’s Bank of China’s (PBOC) annual macro-prudential work conference.
PBOC
CentralBanks
CROSS
PBOC says will step up analysis of macro economic and financial work
PBOC says will step up analysis of macro economic and financial work
The Chinese central bank comments after its annual macro prudential work conference
Euro Trade Idea with a 'tradeCompass approach' to partial profit taking
Euro Trade Idea with a 'tradeCompass approach' to partial profit taking
This is a short idea for Euro (no fill yet, waiting for price to rise), incorporating tradeCompass insights on value areas, key levels, liquidity pools, POCs, and VWAPs to manage risk and secure profits in stages rather than relying on an all-or-nothing move.
TradeCompass
EUR
EUR/USD to consolidate around current levels – Danske Bank
EUR/USD to consolidate around current levels – Danske Bank
EUR/USD has remained rangebound this week, trading with a slight downward bias within the 1.04-1.05 range, as FX markets largely shrugged off Trump's latest tariff threats after he proposed 25% tariffs on autos, chips, and pharma imports , Danske Bank's FX analyst Mohamad Al-Saraf reports.
EURUSD
Technical Analysis
Banks
Silver price today: Silver rises, according to FXStreet data
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
Silver
Commodities
Metals
Bankrupt FlowBank to Return 70–80% of CHF 384 Million in Creditor Claims
Bankrupt FlowBank to Return 70–80% of CHF 384 Million in Creditor Claims
News Discussion Forum
By Finance Magnates
Bankrupt FlowBank to Return 70–80% of CHF 384 Million in Creditor Claims
The liquidator of the now-bankrupt FlowBank has revealed that it will fully pay first- and second-class claims to creditors, while the liquidation dividend for third-class claims will be between 70...
FlowBank
Finance Magnates Releases Q4 2024 Intelligence Report
Finance Magnates Releases Q4 2024 Intelligence Report
News Discussion Forum
By Finance Magnates
Finance Magnates Releases Q4 2024 Intelligence Report
Explore the latest Finance Magnates Intelligence Report for Q4 2024, offering key market insights and trends.
qir
Finance Magnates Intelligence
EUR: New theme alert – fiscal risk premium – ING
EUR: New theme alert – fiscal risk premium – ING
The euro is looking soft on the crosses and a new theme may be coming into play on the back of geopolitical developments.
EURUSD
Technical Analysis
Banks
Weekly update on interest rate expectations
Weekly update on interest rate expectations
What are the market expectations for interest rates for G8FX
market overview
GBP/USD: To trade in a sideways range of 1.2550/1.2615 – UOB Group
GBP/USD: To trade in a sideways range of 1.2550/1.2615 – UOB Group
Momentum indicators are turning flat; Pound Sterling (GBP) is expected to trade in a sideways range of 1.2550/1.2615 vs US Dollar (USD).
GBPUSD
Technical Analysis
Banks
US Dollar Index remains subdued around 107.00 as Treasury yields continue to fall
US Dollar Index remains subdued around 107.00 as Treasury yields continue to fall
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, depreciates after registering gains for the last two successive days amid falling Treasury yields.
DollarIndex
Macroeconomics
Fed
UnitedStates
Majors
EUR/USD: Likely to trade in a 1.0395/1.0455 range – UOB Group
EUR/USD: Likely to trade in a 1.0395/1.0455 range – UOB Group
Euro (EUR) is likely to trade in a 1.0395/1.0455 range vs US Dollar (USD).
EURUSD
Technical Analysis
Banks
USDCHF Technical Analysis – Some days of relief for the greenback
USDCHF Technical Analysis – Some days of relief for the greenback
The USDCHF pair pulled back into the broken trendline as the US Dollar regains some ground after last week’s losses. What’s next?
CHF
USD
China SMEI: Activity slows in February – Standard Chartered
China SMEI: Activity slows in February – Standard Chartered
Headline SMEI edged down 0.5pts to 50.4 in February as current performance sub-index fell below 50.
China
Technical Analysis
Banks
AUD/JPY trades below 96.00 due to rising odds of more BoJ rate hikes
AUD/JPY trades below 96.00 due to rising odds of more BoJ rate hikes
AUD/JPY loses ground for the second successive day, trading around 95.80 during the European hours on Thursday.
AUDJPY
Crosses
Macroeconomics
Japan
Australia
Fintech Investment Slumps to Seven-Year Low of $95.6 Billion as Rate Hikes Bite
Fintech Investment Slumps to Seven-Year Low of $95.6 Billion as Rate Hikes Bite
News Discussion Forum
By Finance Magnates
Fintech Investment Slumps to Seven-Year Low of $95.6 Billion as Rate Hikes Bite
Global fintech investment plummeted to $95.6 billion across 4,639 deals in 2024, marking its lowest level since 2017, as investors grappled with persistent macroeconomic challenges and geopolitical tensions.
fintech
Funding
KPMG
2024
Pound Sterling gains further against US Dollar on higher US Initial Jobless Claims
Pound Sterling gains further against US Dollar on higher US Initial Jobless Claims
The Pound Sterling (GBP) moves higher slightly above 1.2600 against the US Dollar (USD) in Thursday’s North American session.
GBPUSD
Fed
BOE
Inflation
SEO
Gold Technical Analysis – Lack of bearish news keeps the bulls in charge
Gold Technical Analysis – Lack of bearish news keeps the bulls in charge
Gold continues to move upwards by inertia amid a lack of bearish news. What’s next?
GCEX Director Touts Simplicity With New Trading Platform for Fund Managers
GCEX Director Touts Simplicity With New Trading Platform for Fund Managers
News Discussion Forum
By Finance Magnates
GCEX Director Touts Simplicity With New Trading Platform for Fund Managers
Digital asset and foreign exchange solutions provider GCEX introduced XplorAllocate today (Thursday), a multi-asset platform designed to automate trade allocation processes for institutional investors.
GCEX
Multi Asset Solutions
Crude oil price today: WTI price bearish, according to FXStreet data
Crude oil price today: WTI price bearish, according to FXStreet data
West Texas Intermediate (WTI) Oil price falls on Thursday, according to FXStreet data.
Oil
WTI
Commodities
USD/CAD Price Forecast: Tests nine-day EMA barrier after breaking above 1.4200
USD/CAD Price Forecast: Tests nine-day EMA barrier after breaking above 1.4200
The USD/CAD pair remains steady after registering gains for the last two successive days, trading near 1.4220 during early European hours on Thursday.
USDCAD
Technical Analysis
Majors
What are the main events for today?
What are the main events for today?
The US Jobless Claims figures are the only highlight
market overview
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