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Tag: CFDs

National Australia Bank Invests in Zodia Custody

FX and CFDs in Africa: Key Industry Trends | FMAS:24 ...

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GBP/USD Price Analysis: Downbeat US Retail Sales Boosts Pound

US retail sales data on Tuesday revealed a smaller-than-expected increase. The Fed has projected only one cut this year. The pound fell ahead of the Bank...

AUD/USD Outlook: Aussie Gains Following RBA Policy Meeting

The Reserve Bank of Australia held rates at 4.35% on Tuesday. Australia’s inflation is at 3.6%, well above the central bank’s target. Economists expect the US...

EUR/USD Forecast: Sellers Regain Amid Political Uncertainty

The announcement of a snap election in France has caused considerable turmoil in the Eurozone. The ECB has remained quiet about supporting French markets. Markets are...

AUD/USD Weekly Forecast: Fed Signals One Rate Cut for 2024

US consumer and wholesale inflation figures came in below estimates. The Fed forecast only one rate cut this year. The Reserve Bank of Australia will hold...

GBP/USD Weekly Forecast: Fed Rate Forecasts Pushes Dollar Up

UK data revealed a significant jump in monthly unemployment claims. US data revealed a smaller-than-expected figure for consumer inflation in May. Fed forecasts at the FOMC...

USD/CAD Price Analysis: BoC’s Rate Cut Plan Weighs on Loonie

Last week, the Bank of Canada became the first G7 central bank to cut interest rates. Investors are pricing in a 55% chance that the...

USD/JPY Outlook: Dovish BoJ Sends Yen to 1-Month Lows

The USD/JPY outlook weakens as BoJ said it would continue buying government bonds at the current rate. The dollar was strong due to safe-haven inflows...

GBP/USD Outlook: Pound Retreats After CPI-Led Gains

Data revealed that US consumer prices remained unchanged in May. Experts believe the downtrend in inflation could continue as major US retailers slash goods prices. After...

AUD/USD Forecast: Dollar Bounces Back Post-FOMC

The dollar plunged on Wednesday after softer-than-expected consumer inflation data. Fed policymakers projected only one rate cut in 2024. Data on Thursday showed a bigger-than-expected increase...

USD/JPY Price Analysis: Bulls Cheer as US Inflation Data Looms

Investors have shifted their focus to the upcoming consumer inflation numbers. Economists are expecting softer US inflation figures this month. Japan’s service sector sentiment fell in...

AUD/USD Outlook: Dollar Steadies Ahead of CPI, FOMC

The dollar remained strong after the recent surge in Treasury yields. All eyes are on the Consumer Price Index report and the Fed meeting. Data from...

EUR/USD Outlook: Breaks 1.08 Amid Political Uncertainty

There was political tension after French President Emmanuel Macron called for a snap election. The euro suffered as the dollar rallied after Friday’s nonfarm payrolls...

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