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Online Trading News Page 23
Jul 12 2023, 09:48
Dollar hits two-month low as Fed hints at end of tightening cycle
The dollar dropped to a two-month low against a major currency index as the Federal Reserve suggested it may soon finish its tightening cycle.
Jul 12 2023, 09:48
Dollar hits three-week low as market expects Fed to end rate hike cycle
Jul 12 2023, 09:48
Global stock indexes start week quietly with modest gains
Jul 12 2023, 09:48
ECB Governing Council member expects inflation to slow, core prices to follow suit
Jul 12 2023, 09:48
Keeping 2% inflation target ‘absolutely critical,’ says BoE governor
Jul 07 2023, 14:37
Dollar flat following U.S. private payroll data
The DXY hovered at 103.04 after US private payroll data published on Thursday showed 497,000 jobs added in April.
Jul 07 2023, 10:23
Wall Street ends lower as jobs data fuel rate hike fears
U.S. stocks closed lower on Thursday, with the Dow Jones Industrial Average down 366.38 points, due to fears of a rate hike following strong jobs data.
Jul 06 2023, 10:36
U.S. dollar rises following Fed meeting minutes
Following the release of the Federal Reserve's June meeting minutes, the U.S. dollar experienced a slight increase compared to other major currencies.
Jul 06 2023, 10:34
Stock market finishes lower after Independence Day
The S&P 500 and Dow Jones Industrial Average close down post Independence Day, with the S&P 500 decreasing 0.2% and the Dow 100 points lower.
Jul 05 2023, 13:19
Chinese state banks cut dollar deposit rates to stabilize yuan
In an effort to halt its currency's decline, China's big state banks have reduced their dollar deposit rates for the second time this month.
Jul 05 2023, 10:36
Indian refiners turn to Chinese yuan for Russian oil imports
Indian refiners have started using Chinese yuan to pay for oil imports from Russia as a consequence of Western sanctions.
Jul 04 2023, 12:25
Tesla's better-than-expected figures boost stock market
Tesla's stock rose 6.9% after delivering 466,140 vehicles in Q2 2023, surpassing analysts' expectations of 445,925 deliveries.
Jul 04 2023, 08:30
Dollar stable against major currencies, yen weakens further
The U.S. dollar stays strong against major currencies, while the Japanese yen weakens under watchful eyes of the finance minister.
Jul 03 2023, 11:07
Judge orders Kraken to provide user data to IRS for tax investigation
US District Court orders Kraken to provide user info to IRS for investigation into transactions over $20,000 for possible tax evasion.
Jul 03 2023, 09:53
Argentina looks to yuan to address U.S. dollar supply issues
Argentine central bank allows commercial banks to open customer accounts in Chinese yuan to address U.S. dollar supply challenges.
Jun 30 2023, 15:48
Yen weakens, dollar strengthens as traders remain cautious
Market participants remained cautious of Japanese authorities intervening, causing the yen to weaken and the dollar to strengthen.
Jun 30 2023, 15:36
SEC alleges Coinbase, Binance for illegal exchange operations, securities
The US SEC has filed lawsuits against Coinbase and Binance, accusing them of operating unregistered exchanges and selling unregistered securities.
Jun 29 2023, 14:17
Analysts: Regulator may approve BlackRock’s spot Bitcoin ETF
Analyst Eric Balchunas claims SEC may approve BlackRock's Bitcoin ETF due to positive Grayscale case outcome.
Jun 29 2023, 13:15
Goldman Sachs predicts ‘milder’ downside for EUR/USD
Goldman Sachs revised its EUR/USD forecast, predicting a "milder" decline due to further rate hikes by the ECB.
Jun 28 2023, 17:28
Bitcoin remains stable amid trading discounts and USD withdrawal concerns
Despite the market's concern of a trading discount on the Binance.US crypto exchange, Bitcoin remains stable.
Jun 28 2023, 15:30
Wall Street's crypto foray signals transformation, regulatory shifts
JP Morgan, Citibank and Goldman Sachs Group have entered the cryptocurrency market, signaling a shift in traditional banking and regulation.
Jun 27 2023, 12:36
EUR/USD struggles to gain momentum despite weaker USD
The EUR/USD is facing difficulties gaining momentum despite a weakened USD and calls for the ECB to halt interest rate hikes.
Jun 27 2023, 12:27
HSBC Hong Kong allows customers to trade Bitcoin-backed ETFs
HSBC Hong Kong now offers customers the ability to trade Bitcoin- and Ethereum-backed ETFs, with 3 crypto ETFs available.
Jun 26 2023, 14:07
Record-breaking U.S. stock performance raises investor concerns
Despite economic uncertainty, investors are worried by the S&P 500's record-breaking performance since the start of the pandemic.
Jun 26 2023, 13:41
Market dynamics, BlackRock ETF news drive Bitcoin's rally
Bitcoin's value surged 12%, reaching its highest level since April 2021 driven by BlackRock ETF news and other market dynamics.
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