Current news is English only but we will be adding multilingual news - check back soon.
BoE’s Pill: We now need cautious cuts
BoE’s Pill: We now need cautious cuts
Bank of England (BoE) Chief Economist Huw Pill commented on the policy outlook in his scheduled speech on Tuesday.
CentralBanks
InterestRate
GBPUSD
BOE
Gold price ties up with gains on geopolitical uncertainty remaining elevated
Gold price ties up with gains on geopolitical uncertainty remaining elevated
Gold (XAU/USD) price trades around $3,240 on Tuesday at the time of writing, after reversing an earlier slide lower where several Federal Reserve (Fed) officials on Monday, commented on the US credit rating downgrade by rating agency Moody’s.  Federal Reserve Bank of Atlanta President Raphael Bosti
Gold
Commodities
UnitedStates
SEO
GBP/USD: Any advance is likely part of a higher range of 1.3325/1.3410 – UOB Group
GBP/USD: Any advance is likely part of a higher range of 1.3325/1.3410 – UOB Group
Further Pound Sterling (GBP) strength still seems likely vs US Dollar (USD); any advance is likely part of a higher range of 1.3325/1.3410.
GBPUSD
Technical Analysis
Banks
Silver Price Forecast: XAG/USD challenges strong resistance at nine-day EMA around $32.50
Silver Price Forecast: XAG/USD challenges strong resistance at nine-day EMA around $32.50
Silver price (XAG/USD) seems to extend its losses for the third successive session, trading around $32.30 per troy ounce during the European hours on Tuesday.
Silver
XAGUSD
Technical Analysis
Commodities
Metals
Oil: Chinese oil demand falls – ING
Oil: Chinese oil demand falls – ING
The Oil market eked out a small gain yesterday, with ICE Brent holding above US$65/bbl. The scheduled call between President Trump and President Putin doesn’t appear to have led to any significant breakthroughs. Trump said that Russia and Ukraine would begin talks on ending the war.
Oil
Banks
China
Energy
EUR/USD: A clear break above 1.1290 is unlikely – UOB Group
EUR/USD: A clear break above 1.1290 is unlikely – UOB Group
Chance for Euro (EUR) to retest the 1.1290 level against the US Dollar (USD) before a more sustained pullback is likely; a clear break above this level is unlikely.
EURUSD
Technical Analysis
Banks
AUD: RBA seen as a little more dovish – ING
AUD: RBA seen as a little more dovish – ING
AUD/USD briefly sold off around 0.3% on the Reserve Bank of Australia's decision to cut rates 25bp today to 3.85%, ING's FX analyst Chris Turner notes.
AUDUSD
Technical Analysis
Banks
RBA
Pound Sterling flattens against US Dollar ahead of UK CPI data
Pound Sterling flattens against US Dollar ahead of UK CPI data
The Pound Sterling (GBP) surrenders initial gains and flattens around 1.3365 against the US Dollar (USD) during North American trading hours on Tuesday. The GBP/USD pair turns flat as the US Dollar recoups early losses, with the US Dollar Index (DXY) gaining ground near 100.00.
GBPUSD
BOE
Fed
Inflation
SEO
Finalto Sponsors May 2025 Financial Times Alphaville Pub Quiz in London
Finalto Sponsors May 2025 Financial Times Alphaville Pub Quiz in London
News Discussion Forum
By Finance Magnates
Finalto Sponsors May 2025 Financial Times Alphaville Pub Quiz in London
The event brought together some of the sharpest financial minds.
EUR/GBP holds gains above 0.8400 despite worse-than-expected German PPI data
EUR/GBP holds gains above 0.8400 despite worse-than-expected German PPI data
EUR/GBP extends its upward momentum for a second consecutive session, trading around 0.8420 during European hours on Tuesday.
EURGBP
Crosses
Macroeconomics
Eurozone
UnitedKingdom
eToro Launches Recurring Buy Feature for Stocks, ETFs And Crypto
eToro Launches Recurring Buy Feature for Stocks, ETFs And Crypto
News Discussion Forum
By Finance Magnates
eToro Launches Recurring Buy Feature for Stocks, ETFs And Crypto
The publicly listed retail investment platform eToro (NASDAQ: ETOR ) has introduced a recurring investments feature for users in the UK, Europe and the UAE, allowing customers to automate regular a...
Breaking: Canadian core CPI rose 2.5% YoY in April
Breaking: Canadian core CPI rose 2.5% YoY in April
Canada’s inflation edged lower in April, with the Consumer Price Index (CPI) rising 1.7% from a year earlier, down from March’s 2.3% gain and above previous estimates, Statistics Canada reported. On a monthly basis, the headline CPI contracted by 0.1%, down from the previous month’s 0.3% advance.
Breaking
Inflation
USDCAD
Canada
SEO
Exclusive: Prop Firm FundedNext to Become "Real" Broker, Seeks Dubai and Mauritius License
Exclusive: Prop Firm FundedNext to Become "Real" Broker, Seeks Dubai and Mauritius License
News Discussion Forum
By Finance Magnates
Exclusive: Prop Firm FundedNext to Become "Real" Broker, Seeks Dubai and Mauritius License
FundedNext, a proprietary trading firm launched in 2022, is officially entering the brokerage space with the launch of FNmarkets today (Tuesday).
FundedNext
prop firms
broker
NZD/USD Price Forecast: Hovers around 0.5950, confines within a consolidation rectangle
NZD/USD Price Forecast: Hovers around 0.5950, confines within a consolidation rectangle
The NZD/USD pair halts its two-day winning streak, trading around 0.5930 during the European hours on Tuesday. Daily chart technicals suggest a neutral outlook, with the pair remaining confined within a consolidation rectangle.
NZDUSD
Technical Analysis
Majors
60% of Prop Traders Juggle Multiple Firms, While 40% Battle Mental Challenges, Study Finds
60% of Prop Traders Juggle Multiple Firms, While 40% Battle Mental Challenges, Study Finds
News Discussion Forum
By Finance Magnates
60% of Prop Traders Juggle Multiple Firms, While 40% Battle Mental Challenges, Study Finds
. Nearly two-thirds of retail prop traders work with multiple trading firms simultaneously, primarily to manage risk and increase available capital, according to a new survey conducted by PipFarm i...
PipFarm
survey
prop trading
prop firms
psychology
So much fuss for nothing as US yields erase the downgrade rise
So much fuss for nothing as US yields erase the downgrade rise
In the end it was a nothingburger as expected and now we can go back to focusing on what really matters
WTI hovers around $62.00, downside appears due to Russia-Ukraine peace talks
WTI hovers around $62.00, downside appears due to Russia-Ukraine peace talks
West Texas Intermediate (WTI) Oil price is trading around $62.00 per barrel during the early European session on Tuesday, retreating after two consecutive days of gains. The pullback comes as markets evaluate the possible effects of a Russia-Ukraine ceasefire on global Oil supply.
Oil
WTI
Macroeconomics
Commodities
Majors
XTB Co-Founder Jakub Zablocki Continues Liquidation: Sold $194M Worth of Broker Shares
XTB Co-Founder Jakub Zablocki Continues Liquidation: Sold $194M Worth of Broker Shares
News Discussion Forum
By Finance Magnates
XTB Co-Founder Jakub Zablocki Continues Liquidation: Sold $194M Worth of Broker Shares
Jakub Zablocki, co-founder of XTB, has sold over 9.4 million shares of the Polish online trading platform at a price of PLN 78 each, raising a total of PLN 733.
FX option expiries for May 20 NY cut
FX option expiries for May 20 NY cut
FX option expiries for May 20 NY cut at 10:00 Eastern Time via DTCC can be found below.
Options
Currencies
AUDUSD
European indices slightly higher at the open as downgrade concerns vaporise
European indices slightly higher at the open as downgrade concerns vaporise
Markets erased all the losses from the Moody's downgrade and climbed to new highs
EXCA Prime Emerges from Exclusive Capital, Stays CySEC-Regulated
EXCA Prime Emerges from Exclusive Capital, Stays CySEC-Regulated
News Discussion Forum
By Finance Magnates
EXCA Prime Emerges from Exclusive Capital, Stays CySEC-Regulated
Exclusive Change Capital Ltd has rebranded and now operates under the name EXCA Prime, previously known as Exclusive Capital
retail
retail brokers
retail forex
retail FX
cysec
Exclusive Capital
USD/CHF remains on the defensive below 0.8350 on weaker US Dollar
USD/CHF remains on the defensive below 0.8350 on weaker US Dollar
The USD/CHF pair remains under selling pressure around 0.8335 during the early European session on Tuesday. The rising bets that the Federal Reserve (Fed) will lower borrowing costs further this year weigh on the Greenback against the Swiss Franc.
USDCHF
Majors
Macroeconomics
ECB’s Schnabel: Disinflation is on track, but new shocks are posing new challenges
ECB’s Schnabel: Disinflation is on track, but new shocks are posing new challenges
European Central Bank (ECB) board member Isabel Schnabel said on Tuesday, “disinflation is on track, but new shocks are posing new challenges.”
ECB
CentralBanks
InterestRate
EURUSD
BoJ: Some members said JGB market functionality improving as a trend due to BoJ's taper
BoJ: Some members said JGB market functionality improving as a trend due to BoJ's taper
The BoJ released briefing material used at its meeting with bond market participants
ECB's Schnabel: Disinflation is on track, but new shocks are posing new challenges
ECB's Schnabel: Disinflation is on track, but new shocks are posing new challenges
Comments from the ECB policymaker, Isabel Schnabel on her X account
SEC Appoints New Acting Inspector General Katherine Reilly in Top-Tier Position
SEC Appoints New Acting Inspector General Katherine Reilly in Top-Tier Position
News Discussion Forum
By Finance Magnates
SEC Appoints New Acting Inspector General Katherine Reilly in Top-Tier Position
The Securities and Exchange Commission (SEC) appointed Katherine Reilly as Acting Inspector General (IG), filling a crucial oversight role at the federal financial regulator, the agency announced...
Securities and Exchange Commission
sec
executive move
What are the main events for today?
What are the main events for today?
The Canadian CPI and more Fedspeak are the main highlights
market overview
USD/CAD flat lines around mid-1.3900s; looks to Canadian inflation data for fresh impetus
USD/CAD flat lines around mid-1.3900s; looks to Canadian inflation data for fresh impetus
The USD/CAD pair extends its sideways consolidative price move heading into the European session on Tuesday and currently trades around mid-1.3900s, nearly unchanged for the day. Moreover, the mixed fundamental backdrop warrants some caution before placing aggressive directional bets.
USDCAD
Fed
Inflation
BOC
Currencies
Admirals Clone Among 14 Unauthorized Sites Flagged by CySEC
Admirals Clone Among 14 Unauthorized Sites Flagged by CySEC
News Discussion Forum
By Finance Magnates
Admirals Clone Among 14 Unauthorized Sites Flagged by CySEC
The Cyprus Securities and Exchange Commission ( CySEC ) has issued a warning about 14 websites operating without proper authorization to provide investment services or activities under Cyprus law.
Admiral Markets
Admirals
cysec
Crude Oil price today: WTI price bearish at European opening
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $61.85 per barrel, down from Monday’s close at $62.09.
Oil
WTI
Commodities
Coinbase Faces DoJ Investigations After Customer Data Leak
Coinbase Faces DoJ Investigations After Customer Data Leak
News Discussion Forum
By Finance Magnates
Coinbase Faces DoJ Investigations After Customer Data Leak
The US Department of Justice (DoJ) has launched an investigation into the recent security breach at crypto exchange Coinbase (Nasdaq: COIN).
coinbase
department of justice
Germany April PPI -0.6% vs -0.3% m/m expected
Germany April PPI -0.6% vs -0.3% m/m expected
Latest data released by Destatis - 20 May 2025
EUR/JPY weakens below 163.00 on BoJ rate hike bets
EUR/JPY weakens below 163.00 on BoJ rate hike bets
The EUR/JPY cross trades in negative territory around 162.70 during the early European session on Tuesday. The growing expectation that the Bank of Japan (BoJ) will raise interest rates again this year underpins the Japanese Yen (JPY) against the Euro (EUR).
EURJPY
Crosses
Macroeconomics
US Dollar Index (DXY) consolidates around 100.35 area, close to over one-week low
US Dollar Index (DXY) consolidates around 100.35 area, close to over one-week low
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, oscillates in a range around the 100.35 area through the Asian session on Tuesday and remains close to over a one-week low touched the previous day.
DollarIndex
Fed
InterestRate
Recession
Currencies
RBA’s Bullock: This is the right cut for now, more adjustments are possible
RBA’s Bullock: This is the right cut for now, more adjustments are possible
Reserve Bank of Australia (RBA) Governor Michele Bullock is holding a press conference following the announcement of the May monetary policy decision on Tuesday.
RBA
CentralBanks
InterestRate
AUDUSD