The euro has extended its gains on Friday. EUR/USD is trading at 1.1091 in the European session at the time of writing, up 0.13% today. The euro has climbed 0.7% since the ECB’s rate cut on Thursday.ECB lowers rates to 3.5% The European Central Bank delivered as expected on Thursday, trimming the key interest rate…
As shown by the XAU/USD chart:→ Gold has reached a new all-time high;→ This morning, gold is trading around $2,567 per ounce. Bullish sentiment is being driven by expectations of a Federal Reserve rate cut next week. According to MoneyControl, the International Monetary Fund stated on Thursday that it would be “appropriate” for the Fed…
Yesterday, the European Central Bank’s Governing Council cut the refinancing rate, as expected, from 4.25% to 3.65%. The ECB also stated that monetary policy would remain sufficiently restrictive “for as long as necessary” to ensure inflation returns to its medium-term target of 2%. Financial markets responded with:→ A strengthening of the euro. EUR/USD rose by…
On Thursday, prime brokerage Finalto announced the appointment of Simon Ormrod as its new Chief Financial Officer. The news follows last week’s announcement that Finalto had appointed Pablo Quiroga Gomez as its Chief Operating Officer for the UK. The company, which provides bespoke fintech and liquidity solutions, said in its press release that Ormrod will…
Paramour Zenith EA: A Comprehensive Review In the world of Forex (foreign exchange) trading, the need for constant market monitoring and swift execution of trades can be overwhelming. Enter automated trading tools like Paramour Zenith EA—a fully automated trading robot that operates on the MetaTrader 4 (MT4) platform. This tool promises ease of use, profitability,…
The currency pair is set for the next bull trend.Sellers remain dominant in the market at the moment. USDJPY Weekly Price Analysis – September 13 After completing the lows, the USDJPY pair may increase to the upside soon, as the coin price is set for the next bull trend. The pair has been displaying a…
Gold price started a fresh surge above $2,550. Crude oil is recovering and might rise toward the $70.25 resistance zone. Important Takeaways for Gold and Oil Prices Analysis Today · Gold price started a strong increase from the $2,500 zone against the US Dollar. · A major bullish trend line is forming with support at…
Dutch neobank company bunq announced plans to significantly expand its workforce by nearly 70% this year. Bunq is a Dutch fintech and neobank licensed in the Netherlands. It operates in 30 European countries and is aiming to become the world’s first global neobank for digital nomads. The company explained in a press release that its…
Generative AI Solution Demoed at IBC 2024 in Amste The post Syntiant Introduces Small Language Model Assistant appeared first on ForexTV. Source link
Popular online trading and investing platform eToro USA has agreed to settle charges with the Securities and Exchange Commission (SEC) and will significantly curtail its crypto asset offerings, it was revealed on Thursday. The SEC alleged that eToro operated as an unregistered broker and clearing agency by facilitating the buying and selling of certain crypto…