The following Forex news reports are the latest developments of the Forex market. The news reports are updated frequently and include all the events that affect the foreign exchange trading industry.
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Leading Forex broker AvaTrade is reportedly eyeing a £700 million valuation for its upcoming IPO on the London Stock Exchange (LSE).
Ahead of a light trading day as a result of the Good Friday holiday in many countries across the globe, Asian markets are poised to move higher after upbeat factor data helped to shift sentiment toward higher risk assets.
The regulation, which became effective on March 29, 2021, restricts leverage levels for retail CFD traders up to 30:1, a significant drop from the 400:1 leverage previously afforded traders.
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Inflation Threat: True or False? Question Pervades the Market
According to Germany's Federal Statistical Office, retail sales dropped by 9% (year-on-year) in February, against expectations of a 6.3% contraction, though better than the previous month's 9.3% drop.
S&P 500 Index Hits All-Time High; USD/JPY Trading at 1-Year High; President Biden Launches $2.3 Trillion Spending Plan.
The pound sterling moved higher against its two main rivals during London trade on Wednesday as Forex traders dismiss the latest economic news from the UK.
OPEC+ recently said in a report that uncertainties linked to the advance of the COVID-19 pandemic may impact recovery in oil demand.
USD Again Hits Long-Term Highs Against Euro and Yen; 10-Year U.S. Treasury Yield Hits 1-Year High; Stocks Dip.
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Bullish momentum in the U.S. dollar is showing no sign of slowing down yet.
Bitcoin gained 0.52% yesterday against the US dollar, closing the session at the $57,975.0 level and gaining ground for the second consecutive day.
USD Again Hits Long-Term Highs Against Euro and Yen; 5-Year U.S. Treasury Yields Hit Highs; Stocks Firm or Higher.
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Speaking to a news outlet, French Finance Minister Bruno Le Maire recently reaffirmed that the country's GDP should grow by 6% this year, adding that the government is not planning to tax the French people's income.
USD Hits Long-Term Highs Against Euro and Yen; U.S. Treasury Yields at 1.625%; Asian Stocks Higher.
Top crypto margin trading platform CEX.IO is now offering its clients the ability to trade contracts for difference (CFD) on stocks.