FX Weekly Recap: August 5 – 9, 2024

Uganda’s forex trading scene is evolving rapidly, partly thanks to the growing use of Airtel Money for secure and convenient transactions. Airtel Money enables Ugandan traders to deposit and withdraw funds quickly from their trading accounts without relying on traditional banking channels. In this article, we’ll highlight the top forex brokers supporting Airtel Money in…

Leadership is much more than barking orders and telling people what to do. It’s about inspiring, motivating, and leading by example. If you’re stepping into a leadership role, you’ll quickly learn that quotes from a leader are more than just words—they can change your entire approach to leadership. These quotes are powerful reminders, emotional fuel,…

The Australian Dollar (AUD) drifts lower after the Reserve Bank of Australia (RBA) decided to leave interest rates unchanged and moves away from its highest level since September 18, touched against its American counterpart the previous day. The downside, however, remains cushioned in the wake of the RBA’s hawkish outlook, saying that risks to inflation…

Intel Corporation (INTC) stocks rose by over 7% yesterday, making them one of the top performers in the S&P 500 index (US SPX 500 mini on FXOpen). As a result, the stock price reached its highest level in three months. What’s notable is the apparent lack of clear drivers behind the rally. According to Barron’s,…

With the Fed taking a less dovish stance in their latest policy decision, will hotter U.S. inflation data further dampen rate cut expectations? Our Event Guide for the U.S. CPI Report points out that business PMI surveys reported stronger input and output cost pressures while wage growth has shown momentum. Here’s what…