forex news

In a successful kickoff to 2024, Forex Propfirm has achieved remarkable milestones, processing over $156,000 in January alone. The funding of more than 3,500 profitable traders stands as a testament to their unwavering commitment to trader success. Since their inauguration on January 1st, 2022...

In a recent surge of success stories, Forex Prop Firm proudly recognizes the exceptional achievements of its traders. Among the standout performers, Andrijano Vujasin secured an impressive $12,456, Patrick Mogba achieved a noteworthy $5,033, and Luis Fernandez Dorrio exhibited remarkable skill...

Embarking on a significant stride towards inclusivity, Forex PropFirm is delighted to extend its reach to traders in the USA. This welcoming gesture fosters a vibrant and diverse community where traders unite, exchanging insights, and fostering collaborative growth. With an impressive count of...

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Exciting news from the forex arena: Rathnan Tungpisansampun has just received a significant payout of $10,135.90 with Forex PropFirm. This accomplishment underscores the opportunities available to individuals engaging in trading activities on this distinguished platform. For those intrigued by...

A crucial update! Time is of the essence as they announce an impending price adjustment for the highly sought-after 2-Step Challenge Normal. Take swift action now to secure your spot before the new pricing comes into effect! Why This Is Important: No Daily Drawdown: The 2-Step Challenge Normal...

Embark on a journey of success with Forex PropFirm as they commemorate a remarkable milestone – surpassing $5,000,000 in payouts! This accomplishment not only showcases their financial acumen but also underscores their steadfast dedication to the success of traders. Become a part of this...

Dive into a new era of trading precision! City Traders Imperium introduces a groundbreaking dashboard feature, featuring the innovative P&L Calendar. Elevate your trading experience with meticulous tracking for unparalleled performance. The newly launched dashboard empowers traders with...

The European currency shows moderate growth against the US dollar during the Asian session, developing a "bullish" signal formed the day before, when the instrument retreated from its March 7 local lows. The growth of buying activity in the single currency is facilitated by technical factors...

U.S. FUTURES LOWER AS EARNINGS FLOW U.S. stocks are set to edge lower at the open Tuesday, with investors turning cautious as the earnings season kicks into high gear ahead of a Federal Reserve meeting while uncertainty still exists over new fiscal stimulus. S&P 500 Futures were trading 12.80...

Adding to his earlier comments on the European Central Bank's (ECB) monetary policy decisions, ECB chief economist Philip Lane argued that it was natural for the debate over the policy measures to take place within the Governing Council. "Future Governing Councils can revisit this policy...

Standard Chartered analysts notes that China’s growth slowed across the board in August, failing market expectations of a recovery after a disappointing July. Key Quotes “Industrial production (IP) growth decelerated further to 4.4% y/y in August, averaging only 4.6% in the first two months of...

Major equity indexes in the United States started the week in the negative territory as heightened tensions in the Middle East following attacks on Saudi Arabia's oil facilities and concerns over the potential negative impact of rising crude oil prices on the global economic growth weighed on...

While speaking to reporters following his meeting with Luxembourg's Prime Minister Xavier Bettel, British Prime Minister Boris Johnson said that there was a "good shape" of a Brexit deal and added that they have agreed to accelerate the "work ." "If we cannot do a deal then we come out on...

Following his meeting with European Commission President Juncker, British Prime Minister Boris Johnson's office released a statement noting that leaders had a constructive meeting and that they agreed that discussions needed to intensify. "The Prime Minister reconfirmed his commitment to the...

Nordea Markets analysts suggest that while most “vanilla headlines” will center around the expected Fed cut next week (Wednesday), they will be particularly keen to look for clues from the Fed on USD liquidity. Key Quotes “We expect a 25bp cut and a signal of another cut to come before year-end...

Han de Jong, chief economist at ABN AMRO, points out that the US headline inflation, on the CPI measure, eased from 1.8% yoy in July to 1.7% in August and was largely thanks to the easing of energy prices. Key Quotes “The core-CPI measure amounted to 2.4% yoy, up from 2.2% in July, the third...

Robert Hogue, senior economist at Royal Bank of Canada, notes that Canada’s debt-to-income ratio has dipped marginally to 177% in Q2 as debt service ratio matches all-time high of 14.9%, with back-to-back asset gains propelling net worth to new heights. Key Quotes “The national balance sheet...

In an interview with German magazine Bild, European Central Bank (ECB) Governing Council member and Bundesbank President, Jens Weidmann, said that the ECB went beyond its goals at this week's policy meeting and added that the situation in the eurozone was not "really bad." "Such a far-reaching...

Data released today showed retail sales rose 0.4% during August. A better than expected August retail sales report shows core consumer spending is on pace to deliver another boost to GDP growth in the third quarter according to analysts at Wells Fargo. They warn that a pumpkin smashing mood...