Forex Weekly Look Back: IG completes $1billion deal with tastytrade, Robinhood files for IPO LeapRate

July 02, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: IG completes $1billion deal with tastytrade, Robinhood files for IPO

BlackBull Markets has revealed a partnership with affiliate marketing network Commission Junction. The New Zealand-based fintech firm pointed out that the Commission Junction was selected as a referral partner due to its broad network of collaborators and reputation for complementing the organic growth that companies experience. BlackBull Markets will start drawing on Commission Junction’s solutions…

July 02, 2021 BY Steffy Bogdanova

Daily market commentary: The US dollar remains on the front foot

OIL Oil is trading almost flat during the early part of Friday’s session, having reached a fresh multi-year high during the previous session, following a last-minute disagreement amongst OPEC members that delayed a decision on increasing output levels by an estimated 400,000 barrels per day. Officials from member countries will reconvene today and attempt to…

July 01, 2021 BY Steffy Bogdanova

Daily market commentary: Oil prices continued to rise

OIL Oil prices continued to rise during early Thursday trading, following the publication of US inventories data, which showed that stocks continue to decline. Meanwhile, investors now await the outcome of the OPEC+ meeting occurring today, with the consensus pointing at an increase in output in the order of half million barrels per day, which,…

June 30, 2021 BY Steffy Bogdanova

Daily market commentary: Gold likely to have its worst month of the last few years

GOLD Gold remains on the back foot during early Wednesday trading, with the precious metal likely to have its worst month of the last few years. These losses clearly correlate with the strengthening of the dollar, with the markets pricing in the Federal Reserve’s shift to a more hawking stance. In the current context, Friday’s…

June 29, 2021 BY Steffy Bogdanova

Daily market commentary: The dollar is gaining ground versus its peers

GOLD The gold price is declining during early Tuesday trading, weighed down by the strengthening of the US dollar. The markets appear increasingly unsettled by the Fed’s taboo on inflation, with a growing number of investors taking a net view that the central bank’s ambiguity, mixing a new hawkish stance with dovish declarations from some…

June 28, 2021 BY Steffy Bogdanova

Weekly forex data: trade and the NFP in view

Australian dollar-US dollar, daily The Aussie dollar has recovered somewhat against its American counterpart since last week as sellers’ initial enthusiasm has worn off and most industrial commodities, Australia’s key exports, remain close to record highs. Sales of iron ore from Australia to China surged 20% in May, while Australian recovery measured by GDP growth…

June 28, 2021 BY Steffy Bogdanova

Daily market commentary: Oil prices hit a fresh multi-year high

OIL Oil prices hit a fresh multi-year high during early Monday trading, as traders continue to ride the bullish wave ahead of this week’s OPEC+ meeting. Oil prices have been driven by a scarcity in supply as global demand increases. With the main producers so far sticking to their quotas and talks between US and…

June 25, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: BDSwiss’ CRO talks about performance and outlook, CME FX Link integrates with Bloomberg

ASIC announced that Societe Generale Securities Australia Pty Ltd (SGSAPL) has met the additional Australian financial services (AFS) licence conditions imposed on the company and they were removed on 3 June 2021. The licence conditions imposed on SGSAPL in June last year required the company to appoint an independent expert to assess and test the…

June 24, 2021 BY Steffy Bogdanova

Daily market commentary: The dollar is trading almost flat

GOLD Gold continues to trade inside a triangle pattern between $1,800 and $1,760 with no bullish reversal signs in sight so far. Indeed, the current global optimism has caused traders and other mid-term investors to rotate away from defensive values and safe havens to riskier assets, which represents a strong bearish market driver for gold.…

June 23, 2021 BY Steffy Bogdanova

Daily market commentary: Oil markets continued to edge higher

OIL Oil markets continued to edge higher on Wednesday, boosted by the US Dollar falling once again and correcting its short-term bullish trend started last week. The barrel of light crude oil is now challenging its immediate resistance at $73.20, the last one before the major resistance between $73.90 and $74. As well as the…

Category: Market News