Last Updated on May 28, 2023 by TopFXBrokersReview The uncertain outcome of the debt ceiling agreement has rendered the near-term economic outlook uncertain. Recent data indicate, however, that the actual economy is exhibiting resilience. Stabilization in new home sales and orders for durable products, as well as an unexpected increase in real personal spending, are…
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Last Updated on May 27, 2023 by TopFXBrokersReview 23 May 2023 Through the FP Markets MetaTrader 4 (MT4) and MetaTrader 5 (MT5) Trading Platforms, Traders and Investors can now trade a range of additional emerging currencies against the US Dollar. Continued growth in the foreign exchange market has triggered increased client demand for choice and…
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Last Updated on May 22, 2023 by TopFXBrokersReview The final full week of May is upon us and delivers a range of heavyweight data to be conscious of this week. Monday will be relatively quiet; the calendar lacks tier-1 economic data, and Canadian banks will be closed in observance of Victoria Day. Tuesday will see…
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Last Updated on May 22, 2023 by TopFXBrokersReview Optimism among investors regarding Ripple’s legal conflict with the US Securities and Exchange Commission (SEC) is a significant factor contributing to the price increase of XRP. The SEC had filed a lawsuit accusing Ripple of selling unregistered securities, specifically alleging that XRP is a security. In a…
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Last Updated on May 21, 2023 by TopFXBrokersReview The most recent economic data indicate that the U.S. economy is gradually decelerating. Despite this, consumer spending remains stable, and industrial and housing activity shows evidence of stability. In spite of the fact that we continue to anticipate a recession by the end of the year, it…
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Last Updated on May 15, 2023 by TopFXBrokersReview 10 May, 2023: FP Markets receives the prestigious accolade of ‘Best CFD Broker in Africa‘ at the FAME Awards 2023, part of the Finance Magnates Africa Summit (FMAS23). FP Markets, a leading Australian Forex and CFDs broker, was presented with the ‘Best CFD Broker in Africa’ award…
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Last Updated on May 15, 2023 by TopFXBrokersReview The week ahead should be somewhat quieter regarding economic data. From the US, with the latest inflation data in the rear-view mirror-which saw headline annual inflation dip below 5.0% to 4.9% in the twelve months to April-the first regional Federal Reserve Survey for May is on the…
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Last Updated on May 15, 2023 by TopFXBrokersReview Sui is a decentralized smart contract platform that operates in the blockchain industry, which is becoming increasingly competitive. It is based on Diem’s architecture, allowing developers to build decentralized applications for the gaming and DeFi industries. However, the challenge resides in the market’s intense competition. Sui competes…
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Last Updated on May 14, 2023 by TopFXBrokersReview The United States continues to grapple with high inflation, as evidenced by the 0.4% increase in the headline and core Consumer Price Index (CPI) in April, with the three-month annualized rate for the core remaining at 5.1%. Nevertheless, the Producer Price Index and the NFIB small business…
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Last Updated on May 9, 2023 by TopFXBrokersReview Weekly Recap Three central bank meetings; three 25 basis-point rate hikes. Against consensus, the Reserve Bank of Australia (RBA) surprised markets early last week, increasing its Official Cash Rate (OCR) by 25 basis points to 3.85%, with many desks now pricing in a 4.1% terminal rate. This…
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