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    Important Trading Support Level Being Challenged

    The USD/ZAR is within the lower elements of it near-term range as it traverses around 16.23400 as of this writing depending on the bids and asks on trading platforms. The USD/ZAR has sustained it lower range early this morning with largely sideways trading results. The currency pair is near the 16.23400 mark with a rather…

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    Interactive Brokers registers 47% Y/Y increase in DARTs in May 2026

      Interactive Brokers registers 47% Y/Y increase in DARTs in May 2026

      Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just posted its key operating metrics for May 2026. The brokerage reported 4.969 million Daily Average Revenue Trades (DARTs) for May 2026, 47% higher than prior year and 17% higher than prior month. Ending client equity amounted to $937.3 billion, 49% higher than prior year and 8%…

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      Binance launches US Stocks and ETFs trading powered by Alpaca

        Binance launches US Stocks and ETFs trading powered by Alpaca

        Crypto exchange giant Binance is expanding its offering of non-digital-assets, today launching 24/5 trading of US stocks and ETFs, powered by Alpaca, a leader in brokerage infrastructure APIs offering access to options, stocks, ETFs, fixed income, and crypto. After recently adding Prediction Markets trading and CFDs-like TradFi Perpetual Contracts earlier this year, Binance is strengthening…

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        Brent Price Rises on Fresh Escalation in the Middle East

          Brent Price Rises on Fresh Escalation in the Middle East

          Brent oil price rose around 2% in early Monday trading (on track for the first daily gain after being eight days in red), following fresh escalation in the Middle East (escalation in Lebanon and fresh US attack on Iran and their subsequent response) that soured the sentiment. Strongly oversold daily studies, following heavy losses in…

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          US ISM Manufacturing Hits Three-Year High as New Orders Surge

            US ISM Manufacturing Hits Three-Year High as New Orders Surge

            US manufacturing activity accelerated in May, with ISM Manufacturing PMI rising from 52.7 to 54.0, well above expectations of 52.6 and marking its highest level since May 2022. The report points to a broadening recovery across the sector, with only 2% of manufacturing GDP now in contraction, down dramatically from 19% in April. Historically, a…

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            USD/JPY Approaches 160.00: Is Another Intervention Coming?

              USD/JPY Approaches 160.00: Is Another Intervention Coming?

              USD/JPY continued its advance on Monday, reaching 159.46. The Japanese yen therefore remains under pressure near the key 160.00 level against the US dollar. This was the threshold that previously triggered currency market interventions by the Japanese authorities. Data released on Friday confirmed that Japan spent JPY 11.7 trillion supporting its national currency at the…

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              Lower Realm in Sight as Cautious Sentiment Spreads

                Lower Realm in Sight as Cautious Sentiment Spreads

                The USD/MXN is around the 17.32610 ratio as of this writing and displaying a wide spread via bids and asks as the broad Forex market has remained within a slightly weaker USD centric mode. Going into this past weekend the USD/MXN had shown some downside near-term momentum as it returned to its lower realm. The…

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                Swiss Q1 GDP Beats Expectations as Manufacturing Drives Growth

                  Swiss Q1 GDP Beats Expectations as Manufacturing Drives Growth

                  Switzerland’s economy expanded faster than expected in the first quarter, with GDP excluding sporting events rising from 0.2% qoq to 0.7% qoq, well above the 0.5% qoq consensus forecast. On a sport-adjusted basis, GDP accelerated from 0.2% qoq to 0.4% qoq. The data suggest the Swiss economy entered 2026 with stronger momentum than anticipated, though…

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                  Markets Face Twin Tests: US Jobs Data and an Unsigned Iran Deal

                    Markets Face Twin Tests: US Jobs Data and an Unsigned Iran Deal

                    Markets enter the new week balancing two major uncertainties: whether a proposed US-Iran ceasefire extension can evolve into a formal agreement, and whether incoming economic data will push the Federal Reserve closer toward another rate hike. Last week, investors aggressively embraced the peace trade. Oil prices collapsed, Treasury yields retreated, and equities surged as markets…

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