Forex News

04 December 2023 Leading financial broker Eightcap is thrilled to announce its end-of-year ‘Christmas Special’ demo competition this December, providing traders with the opportunity to showcase their trading skills and win a share of a generous $3,800 USD prize pool – their biggest prize pool yet. As part of Eightcap’s ongoing commitment to traders, this…

04 December 2023 FP Markets has again been recognised for its outstanding trading solutions, receiving the Best Forex Trading Tools 2023 award from FXScouts. This accolade complements the company’s growing list of awards received this year, including ‘Best Trade Execution’ and ‘Most Transparent Broker’ at the Ultimate Fintech Awards APAC 2023. These prestigious awards further…

FP Markets enhances its Commodity CFDs Offering with a range of popular new commodities. 24 November 2023 FP Markets, a leading provider of online Forex and CFDs, has announced the expansion of its commodity CFDs offering. In response to increased client demand, the move will allow traders and investors at FP Markets to capitalise on…

It will be busy for the US macroeconomic space this week and will be important for the US dollar. Most desks feel the Fed is done with policy tightening, and 2024 will likely see the beginning of rate cuts. Fed Fund futures markets forecast a 25bp cut could come as early as May’s policy meeting.…

Minutes from the FOMC, the European Central Bank (ECB) and the Reserve Bank of Australia (RBA) occupy the throne this week. FOMC Meeting Minutes The Fed minutes will be the highlight event of the week for many market participants. The latest policy meeting saw the Fed leave the Fed Funds rate unchanged at 5.25%-5.50% (22-year…

The Dollar Index: Active Support According to the US Dollar Index, the buck wrapped up the week down -1.4%, closing on lows and recording its most significant one-week decline since July. The move wiped October’s gains off the board and chipped into September’s +2.5% run.  The technical structure on the monthly chart, however, remains unaffected.…

03 November 2023 FP Markets, a leading broker in online trading for Forex and CFDs, has announced the launch of its redesigned Client Portal. This transformative upgrade features a fresh, intuitive platform, enhanced functionality, as well as a selection of new and exciting features designed to help traders and investors operate and trade more efficiently.…

The first full week of October and the beginning of Q4 entertain two key central bank meetings, along with several risk events that grace the economic calendar. As a friendly reminder, stock markets in mainland China are closed all week in observance of the National Day holiday, with Hong Kong only closing on Monday. The…

28 September 2023 FP Markets, a leading broker for Forex and CFDs, continued to set the standard at the Ultimate Fintech Awards Global 2023, receiving awards for ‘Best Trading Conditions’ and ‘Most Trusted Broker’. The awards add to the company’s impressive record of accolades this year, including ‘Best Trade Execution’ and ‘Most Transparent Broker’ at…