Provider of FX and CFD liquidity solutions ATFX Connect revealed Friday that it has partnered with Your Bourse, a Platform-as-a-Service solution for liquidity management. This collaboration aims to elevate liquidity options for brokers. By integrating Your Bourse’s advanced technology with ATFX’s extensive liquidity solutions, the companies believe their partnership offers several benefits to brokers. The…
Derivatives marketplace firm CME Group announced a series of leadership changes on Friday, including the extension of Chairman and Chief Executive Officer Terry Duffy’s contract through December 2026. The company also revealed it has promoted Chief Financial Officer Lynne Fitzpatrick to the expanded role of President and CFO. Additionally, Julie Holzrichter, who served as Chief…
Investing.com – The U.S. dollar steadied Friday, set to end a volatile week with small gains as traders digested the implications of a new Trump presidency as well as benign Federal Reserve. At 04:30 ET (09:30 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded flat at 104.372….
The Japanese yen has posted gains on Friday. In the European session, USD/JPY is trading at 152.38, down 0.36% on the day. The yen has taken traders on a roller-coaster ride this week, plunging 2% on Wednesday and rebounding on Thursday with a 1.1% gain. Japan’s household spending declines 1.1% Japan’s household spending fell by…
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USDCAD posts new 25-month high but currently stands beneath it Stochastics and RSI show positive signs USDCAD has been developing above the 20-day simple moving average (SMA) since the bounce off the 1.3815 support level and is trying to regain ground. Daily oscillators suggest that the upside momentum is still in place, reflecting the pullback…
Yesterday, the Federal Reserve announced a unanimous decision to lower the interest rate from 4.75% to 4.50%, marking the second consecutive cut—a move in line with analyst expectations and forecasts. “This move will support further progress in controlling inflation as we aim for a more neutral stance over time,” said Fed Chair Jerome Powell. According…
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According to the TSLA chart:→ Tesla shares opened this week at $244.25.→ By yesterday’s close, the stock had reached $296.52. This reflects a gain of over 21% for the week, with the major boost occurring on 6 November, as news broke of Trump’s U.S. presidential victory—a candidate supported by Tesla’s CEO, Elon Musk. As CNBC…
The recent rally of the U.S. dollar, observed during the U.S. election results, has slightly slowed after yesterday’s Federal Reserve meeting. As anticipated by analysts, the Fed lowered the base interest rate by 25 basis points, from 5.00% to 4.75%. In their accompanying statement, Fed officials highlighted robust economic activity and improvements in labour market…