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Daily Investor Updates | Forex Blog - Economy
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Is Commodity Trading Halal in Islam – All You Should Know! - Forex Trader Hub
By Huzefa Hamid Reviewer Adam Lemon Fact-checker DailyForex.com Team Created on January 30, 2025 For over a decade, DailyForex has been the trusted forex broker authority, establishing an unrivaled reputation for rigorous research and journalistic integrity. With a methodology refined through years of industry experience, we empower traders of all faiths to make informed decisions,
Forex Trading without Leverage – Should You Do It? - Forex Trader Hub
By Huzefa Hamid Reviewer Adam Lemon Fact-checker DailyForex.com Team Created on January 30, 2025 For over a decade, DailyForex has been the trusted forex broker authority, establishing an unrivaled reputation for rigorous research and journalistic integrity. With a methodology refined through years of industry experience, we empower traders of all faiths to make informed decisions,
Japanese Yen bulls have the upper hand amid BoJ rate hike bets - Forex Trader Hub
The Japanese Yen continues to be underpinned by bets for additional BoJ rate hikes. Geopolitical risk and trade war fears also benefit the JPY’s relative safe-haven status. Trump’s tariff threats cap gains for the JPY and lend some support to the USD/JPY pair. The Japanese Yen (JPY) remains on the front foot against its American
Australian Dollar holds gains, upside seems restrained amid dovish mood surrounding RBA - Forex Trader Hub
The Australian Dollar appreciates following the release of the Export Price Index on Thursday. The Australian Bureau of Statistics showed export prices rose by 3.6% QoQ in Q4 2024, reversing a 4.3% decline in Q3. The Fed held its overnight borrowing rate steady in the 4.25%-4.50% range at its January meeting on Wednesday. The Australian
Should investors fear a rising dollar? - Forex Trader Hub
There appears to be a widespread consensus that a stronger US dollar is here to stay. Emerging market (EM) economies have traditionally had much to fear from a rising greenback, while for developed countries it has often been a boon. However, these are not normal times for either the world markets or US monetary policy.
Australian players need to play renminbi long game - Forex Trader Hub
Red run: panellists at FX Week Australia said investors need to get better at handling the renminbi Australian investors should not be put off by the recent volatility in China's markets, but instead position themselves to benefit from its sweeping liberalisation efforts, panellists argued at the second FX Week Australia conference in Sydney on March
Maintains position around 1.4400 near a crucial support zone - Forex Trader Hub
USD/CAD tests the immediate barrier at the psychological level of 1.4400. The bullish bias persists, as the 14-day RSI remains above the 50 mark. The immediate support appears at the lower boundary of the ascending channel, near the 1.4350 mark. The USD/CAD pair maintains its position after two consecutive days of gains, trading close to
First Ibor versus SOFR cross-currency swaps trades - Forex Trader Hub
Westpac and Citi have struck what is believed to be the first cross-currency swap referencing an unsecured Ibor and the US secured overnight financing rate, in a trade that also breaks ground in an important market for Australian financial institutions. The $325 million one-year swap was struck on December 10 New York time and references
Australian Dollar loses ground as US Dollar appreciates amid latest Trump threats - Forex Trader Hub
The Australian Dollar loses ground following tariff threats made by US President Donald Trump. The AUD faced challenges amid increased risk aversion due to news of growing momentum among Trump’s advisers to implement tariffs. Trump stated that he "wants tariffs 'much bigger' than 2.5%," the rate proposed by Treasury Secretary Scott Bessent. The Australian Dollar
Billions could leave US assets as dollar optimism wanes - Forex Trader Hub
Institutional investors could soon pull billions from dollar-denominated assets as optimism for such bullish bets fades and other developed market currencies look set to appreciate against the greenback in the coming months, attendees at the 11th annual FX Invest North America conference heard. The comments came after US banking giants JP Morgan and Goldman Sachs flipped
HSBC debuts RMB hedged share class for Ucits - Forex Trader Hub
HSBC Global Asset Management has expanded its renminbi offering by launching a RMB hedged share class for one of its international and regional equity funds, following the Securities & Futures Commission (SFC) of Hong Kong relaxing its rules on Ucits funds. The RMB hedged share class is offered for the bank’s Asia-Pacific ex-Japan Equity High
Artificial intelligence to drive new BNP Paribas alpha FX index - Forex Trader Hub
BNP Paribas has launched a systematic currency alpha FX index, driven by artificial intelligence, which the bank says will give investors the opportunity to benefit from an uncorrelated stream of returns as part of a diversified cross-asset portfolio. The index was launched in collaboration with Millennium Global Investments, which will provide BNPP with systematic FX signals
Musk calls $1 mln election giveaway a legitimate promotion, not illegal lottery By Investing.com - Forex Trader Hub
Investing.com-- Elon Musk has requested a federal judge to dismiss a proposed class-action lawsuit alleging that his $1 million-a-day election giveaway to support the U.S. Constitution was an illegal lottery under Texas law. The lawsuit, filed on November 5, 2024, by Arizona resident Jacqueline McAferty, claims that Tesla Inc (NASDAQ:) CEO Musk and his political
Universal Music Group and Spotify strike new agreement By Reuters - Forex Trader Hub
(Reuters) - Universal Music Group (AS:), the world's biggest music label, and Swedish streaming giant Spotify (NYSE:) have reached a new multi-year agreement for recorded music and music publishing, they said on Sunday. The publishing agreement establishes a direct license between Spotify and UMG across Spotify's current product portfolio in the U.S. and several other
Israel stocks higher at close of trade; TA 35 up 0.12% By Investing.com - Forex Trader Hub
Investing.com – Israel stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher. At the close in Tel Aviv, the added 0.12%. The best performers of the session on the were NICE Ltd (TASE:), which rose 6.16% or 3,510.00 points to trade at 60,480.00 at the close.
Japanese Yen remains on the front foot amid risk-off mood, BoJ’s hawkish outlook - Forex Trader Hub
The Japanese Yen attracts some haven flows amid renewed trade war fears. The BoJ’s hawkish rate hike on Friday seems to underpin the JPY further. The narrowing US-Japan yield differential lends additional support to the JPY. The Japanese Yen (JPY) kicks off the new week on a positive note amid the global flight to safety,
Activist Ancora to push U.S. Steel to drop Nippon merger and oust CEO, WSJ reports By Reuters - Forex Trader Hub
(Reuters) -Activist investor Ancora Holdings has built a stake in U.S. Steel and wants the steelmaker to drop its merger agreement with Japan's Nippon Steel, the Wall Street Journal reported on Sunday, citing sources. The exact size of Ancora's stake in U.S. Steel could not be determined. The activist investor also intends to rally shareholders