Eurozone GDP rose by 0.4% qoq in Q3, surpassing the anticipated 0.2% qoq growth. A notable surprise came from Germany, where GDP grew by 0.2% qoq against expectations of a -0.1% qoq contraction, allowing Europe’s largest economy to narrowly avoid a recession. France also outperformed, with GDP increase of 0.3% qoq for the quarter. For…
In a significant turn of events, the EURUSD pair has shown resilience and strength, marking a potential shift in its recent trend. The pair’s refusal to break below the crucial 1.0761 support level, coupled with its successful breach of the 1.0839 resistance, has caught the attention of forex traders worldwide. These developments strongly suggest that…
By Harry Robertson LONDON (Reuters) – Gauges of expected volatility in currencies jumped on Wednesday as investors braced for the U.S. presidential election, which could result in big changes to economic policy and swings in the dollar. Single-week implied volatility in the euro-dollar currency pair surged to its highest level since March 2023, when the…
On Wednesday, payment solutions provider CAB Payments confirmed that discussions with StoneX Group Inc. regarding a potential cash offer are ongoing. The company revealed that StoneX is currently conducting due diligence as part of the process. Earlier this month CAB Payments said it had received an unsolicited non-binding proposal from StoneX at 145p per share….
On Wednesday, Hong Kong Exchanges and Clearing Limited (HKEX) announced plans to establish a new office in Riyadh, Saudi Arabia, in 2025. The company said the strategic move aims to strengthen HKEX’s presence in the Middle East and facilitate greater connectivity between the two regions. HKEX is aiming to promote new opportunities for its customers…
Online brokerage Exness revealed Wednesday that it has partnered with Centroid Solutions, a leading technology provider, to enhance its liquidity offering. By integrating Centroid Bridge into its operations, Exness said it aims to expand its reach to a wider audience of brokers while ensuring the highest standards of execution speed, stability, and reliability. Centroid Bridge,…
On September 10, we noted that GOOGL shares: → Were forming an ascending channel (highlighted in blue on the chart below, updated with the latest trading data);→ Could begin to rebound from the psychological support level of $150 (indicated by an arrow). Since then, the price did indeed turn upward from that level, fluctuating in…
Investing.com – The U.S. dollar retreated from elevated levels Wednesday, pausing its recent rally ahead of the release of key macroeconomic data that could alter expectations for future Fed rate cuts. At 05:30 ET (09:30 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% lower at 104.037,…
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Marketing is a major effort for any retail customer-centric firm. It becomes even more crucial for the three London-listed FX and contracts for differences (CFDs) brokers—IG Group, CMC Markets, and Plus500. All three need to convince new traders to deposit money and trade on their platforms while strengthening their brands. So, how much are these…