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XTB Tops Polish Brokerage Rankings after Adding Over 25,000 Accounts in April: Report
XTB Tops Polish Brokerage Rankings after Adding Over 25,000 Accounts in April: Report
News Discussion Forum
By Finance Magnates
XTB Tops Polish Brokerage Rankings after Adding Over 25,000 Accounts in April: Report
The Polish-listed brokerage firm XTB became the country’s largest brokerage by number of accounts, ending BM mBank's 15-year run at the top.
USD/CAD ticks higher to near 1.3920 as Canadian unemployment accelerates
USD/CAD ticks higher to near 1.3920 as Canadian unemployment accelerates
The USD/CAD pair moves higher to near 1.3920 in Friday’s North American session after the release of the Canadian labor market data for April.
China
BOC
USDCAD
Employment
DollarIndex
Doers Reuniting at Reflect Festival 2025
Doers Reuniting at Reflect Festival 2025
News Discussion Forum
By Finance Magnates
Doers Reuniting at Reflect Festival 2025
Limassol will be full of startups seeking funding and scouting the next big opportunity.
events
US stock indices are set to open higher
US stock indices are set to open higher
Hopes for trade deals spur on buying
Canada Unemployment Rate rises to 6.9% in April vs. 6.8% expected
Canada Unemployment Rate rises to 6.9% in April vs. 6.8% expected
The Unemployment Rate in Canada edged higher to 6.9% in April from 6.7% in March, Statistics Canada reported on Friday. This reading came in above the market expectation of 6.8%.
Canada
USDCAD
Employment
EconomicIndicator
Macroeconomics
USDCAD pushes higher but runs into resistance. Watch the old ceiling for short-term clues
USDCAD pushes higher but runs into resistance. Watch the old ceiling for short-term clues
Break above 1.3933 needed to unlock next upside targets near 1.3977 and 1.4000
Fed's Williams: Price stability is foundational for Fed
Fed's Williams: Price stability is foundational for Fed
New York Federal Reserve Bank (Fed) President John Williams said on Friday that price stability is foundational for the Fed, per Reuters.
Fed
CentralBanks
Nasdaq Futures Analysis for Today
Nasdaq Futures Analysis for Today
Expecting a trading range, see the prices that define it. tradeCompass also identied the longer targets for bulls and bears, if there is a surprise.
TradeCompass
Nasdaq
Nasdaq Technical Analysis
It's Canadian jobs day. What to watch for
It's Canadian jobs day. What to watch for
Canadian employment data is due at the bottom of the hour
Kickstart the US trading day for May w/ a technical look at the EURUSD, USDJPY & GBPUSD
Kickstart the US trading day for May w/ a technical look at the EURUSD, USDJPY & GBPUSD
What technical levels are in play and why for the 3 major currency pairs to kickstart the US trading session for May 9
CySEC Withdraws BDSwiss’ B2B Unit Viverno Markets’ CIF License
CySEC Withdraws BDSwiss’ B2B Unit Viverno Markets’ CIF License
News Discussion Forum
By Finance Magnates
CySEC Withdraws BDSwiss’ B2B Unit Viverno Markets’ CIF License
The Cyprus Securities and Exchange Commission (CySEC) has withdrawn the investment firm license of Viverno Markets Ltd, the B2B unit of BDSwiss.
cysec
cysec license
BDSwiss
retail
retail brokers
retail FX
ForexLive European FX news wrap: Trump floats cutting China tariffs to 80%
ForexLive European FX news wrap: Trump floats cutting China tariffs to 80%
Forex news from the European morning session on May 9, 2025
Session wrap
Wrap Europe
Gold price with ups and downs, focus on upcoming trade talks – Commerzbank
Gold price with ups and downs, focus on upcoming trade talks – Commerzbank
The price of gold fell below $3,300 per troy ounce overnight, after it rose above the $3,400 mark on Tuesday, marking its highest level since reaching a record high two weeks earlier, Commerzbank's commodity analyst Carsten Fritsch notes.
XAUUSD
Metals
Gold
Commodities
Banks
EUR entering NA session with modest gain – Scotiabank
EUR entering NA session with modest gain – Scotiabank
The Euro (EUR) is entering Friday’s NA session with a modest 0.2% gain, still trading below 1.13 but seeing a solid recovery from a short lived decline to 1.12, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Banks
Technical Analysis
USD/CNH: Downward momentum is slowing rapidly – UOB Group
USD/CNH: Downward momentum is slowing rapidly – UOB Group
Room for US Dollar (USD) to continue to rise against the Chinese Yuan (CNH), but it does not appear to have enough momentum to break above 7.2600.
Banks
Technical Analysis
USDCNH
Fed's Kugler: Makes sense to maintain moderately restrictive policy rate
Fed's Kugler: Makes sense to maintain moderately restrictive policy rate
Federal Reserve (Fed) Governor Adriana Kugler told Bloomber TV on Friday that the policy rate is currently moderately restrictive and added that it makes sense to maintain it.
Fed
CentralBanks
China also imported large quantities of crude oil in April – Commerzbank
China also imported large quantities of crude oil in April – Commerzbank
Chinese refineries continued to import large quantities of crude oil in April, Commerzbank's commodity analyst Carsten Fritsch notes.
Oil
Energy
Banks
CAD is flat and consolidating post-Fed losses – Scotiabank
CAD is flat and consolidating post-Fed losses – Scotiabank
The Canadian Dollar (CAD) is entering Friday’s NA session trading flat vs. the US Dollar (USD) as it consolidates this week’s post-Fed losses.
Technical Analysis
Canada
BOC
USDCAD
Banks
Kazakhstan continues to produce too much oil – Commerzbank
Kazakhstan continues to produce too much oil – Commerzbank
Kazakhstan continues to produce significantly more oil than agreed and apparently has no plans to reduce production in May, Commerzbank's commodity analyst Carsten Fritsch notes.
Oil
Energy
Banks
USD soft, fading portion of post-Fed gains into US/China trade talks – Scotiabank
USD soft, fading portion of post-Fed gains into US/China trade talks – Scotiabank
G10 FX performance is varied heading into Friday’s NA session as most currencies claw back a portion of this week’s post-Fed losses against the US Dollar (USD).
Technical Analysis
Fed
Banks
DollarIndex
US Pres. Trump: 80% tariff on China seems right
US Pres. Trump: 80% tariff on China seems right
In a post published on Truth Social on Friday, United States (US) President Donald Trump said 80% tariffs on Chinese goods "seems right."
China
UnitedStates
Politics
Macroeconomics
AUD/USD rises above 0.6400 as US Dollar falls back, US-China trade talks eyed
AUD/USD rises above 0.6400 as US Dollar falls back, US-China trade talks eyed
The AUD/USD pair recovers initial losses and rises above the key level of 0.6400 during European trading hours on Friday.
China
Fed
UnitedStates
UnitedKingdom
AUDUSD
USD/JPY might not be able to break above 146.55 – UOB Group
USD/JPY might not be able to break above 146.55 – UOB Group
Scope for US Dollar (USD) to rise further vs Japanese Yen (JPY); overbought conditions suggest any advance might not be able to break above 146.55.
Technical Analysis
USDJPY
Banks
Trump says that 80% tariffs on China "seems right"
Trump says that 80% tariffs on China "seems right"
Before adding that it'll be "up to Bessent" to decide
market overview
Trump: 80% tariff on China seems right
Trump: 80% tariff on China seems right
This is in contrast to the earlier reports of an easing to 50%
US Dollar Index pressured with markets bracing for trade talks over the weekend
US Dollar Index pressured with markets bracing for trade talks over the weekend
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is fully reversing course this Friday ahead of the United States (US) trade talks with China in Switzerland over the weekend.
TradeWar
UnitedStates
SEO
Macroeconomics
DollarIndex
Mexican Peso breaks support in anticipation of US-China trade talks
Mexican Peso breaks support in anticipation of US-China trade talks
The Mexican Peso (MXN) is extending gains against the US Dollar (USD) on Friday, as markets digest a notable decline in Mexico's consumer confidence, a series of Federal Reserve speeches, and look ahead to the upcoming US-China trade discussions in Switzerland.
Mexico
Currencies
USDMXN
Banxico
Fundamental Analysis
Trump says that China should open up its market to the US
Trump says that China should open up its market to the US
The US president is up early again today
Politics
USD/JPY: Rebound meets first resistance – OCBC
USD/JPY: Rebound meets first resistance – OCBC
US Dollar (USD) short covering gathered pace vs. safe haven proxies. USDJPY was last at 145.30 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Technical Analysis
USDJPY
Banks
Investor Alert for Monday: U.S.-China Tariff Talks Start This Weekend. Monday Volatility?
Investor Alert for Monday: U.S.-China Tariff Talks Start This Weekend. Monday Volatility?
Markets brace for U.S.-China trade talks with hopes of tariff reductions, but limited progress may disappoint investors. Potential negative outcomes could trigger market pullback or sustain risk sentiment. Stay tuned for market response early next week.
Politics
Gold rally stalls below $3500 mark – Société Générale
Gold rally stalls below $3500 mark – Société Générale
Gold faces consolidation after stalling near $3500, with a lower high at $3435 and weakening momentum suggesting a temporary pause in the uptrend, Société Générale's FX analysts note.
Technical Analysis
XAUUSD
Metals
Gold
Banks
USD/CAD Price Forecast: Strengthens after Falling wedge breakout
USD/CAD Price Forecast: Strengthens after Falling wedge breakout
The USD/CAD pair holds onto gains made on Thursday around 1.3920 during European trading hours on Friday. The Loonie pair performs strongly as the US Dollar (USD) strengthens on multiple tailwinds.
SupportResistance
China
BOC
Fed
USDCAD
Is this the playbook for US trading later before the weekend?
Is this the playbook for US trading later before the weekend?
A look at what the headlines from yesterday might entail for markets ahead of US-China talks in the next two days
market overview