The US dollar initially rallied against the Canadian dollar on Thursday but has given back some of the strength to sit still and eventually head back towards the unchanged region. That makes sense for a multitude of reasons. The first one of course being the fact that interest rates did drop in the United States….
The Eurozone economy contracted in the first quarter of 2026. GDP fell by -0.2% qoq, reversing the 0.2% expansion recorded in the previous quarter, while annual growth slowed sharply to 0.3% yoy from 1.2% yoy. Across the broader EU, GDP declined by -0.1% qoq, with annual growth easing to 0.7% from 1.4%. The details suggest…
DAK Markets, a technology-driven broker, has announced that it has partnered with cTrader to support its growing global community with the award-winning trading platform. cTrader gives traders full visibility into trading operations through detailed trade receipts, along with advanced native charting, DOM and built-in risk management tools such as advanced SL/TP, price alerts and custom…
Trade Tech Solutions, a global provider of technology for prop firms and brokers including Goat Funded Trader and other leading prop firms, has announced that it has integrated Prediction Markets as a native module inside the Match‑Trader trading platform. The release enables Trade Tech Solutions’ clients to add a new, event‑driven market type to their…
Canada’s labor market delivered a much stronger-than-expected performance in May, with employment rising by 87.8k compared with expectations for a gain of just 10.2k. The increase marked the first significant monthly advance since November 2025 and followed a decline of -17.7k in April. While the result does not fully offset the weakness seen earlier this…
Representational Photo Mumbai- India’s forex reserve jumped by USD 938 million to USD 682.321 billion during the week ended May 28, the Reserve Bank said on Friday. In the previous reporting week, the kitty dropped USD 7.511 billion to USD 681.384 billion. The kitty had expanded to an all-time high of USD 728.494 billion during…
Japan’s latest reserve data have transformed the debate around the Yen. The question is not whether Tokyo is willing to intervene. It already has. The question now is how many times it is willing to do so. Data released on Friday showed Japan’s foreign reserves fell by around USD 75 billion in May. The decline…
The Euro firmed on Friday and probes again through initial barrier at 1.1635 (daily cloud base / daily Tenkan-sen) after short-lived cloud penetration on Thursday which left daily candle with long upper shadow. Daily cloud continues to cap upticks for almost two weeks, contributing to overall bearish daily structure (cluster of converged DMAs stays just…
US labor market resilience was on full display in May as non-farm payrolls rose 172k, nearly double market expectations of around 85k. The report was further strengthened by a sizable upward revision to April’s payroll gain from 115k to 179k, indicating that hiring momentum was considerably firmer than previously thought. The unemployment rate held steady…
Dukascopy Bank has expanded its trading offering with the launch of a dedicated Stock Trading Platform, providing access to more than 25,000 CFDs on stocks and ETFs from markets around the world. The Stock Trading Platform has been developed to extend Dukascopy’s multi-asset offering beyond what is currently available on JForex. It is designed for…