Current news is English only but we will be adding multilingual news - check back soon.
WTI plunges to near $60 on fears of global economic turmoil
WTI plunges to near $60 on fears of global economic turmoil
West Texas Intermediate (WTI) recovers some intraday losses in European trading hours on Monday after sliding extensively to near $58.80 earlier in the day, the lowest level seen in four years. The Oil price is still 3% down near $60.40, at the time of writing.
Oil
China
UnitedStates
WTI
EconomicHealth
US Dollar keeps its eye on 103.00 in the DXY on Monday
US Dollar keeps its eye on 103.00 in the DXY on Monday
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, tries to cling onto Friday's recovery towards 103.00 at the time of writing on Monday while markets are on fire.
TradeWar
UnitedStates
SEO
Macroeconomics
DollarIndex
Deutsche stays bullish on gold, raises forecast for this year and next
Deutsche stays bullish on gold, raises forecast for this year and next
The firm sees recession risks and geopolitical developments as key drivers boosting gold
Global investors reconsider their faith in the dollar’s safe haven status – Commerzbank
Global investors reconsider their faith in the dollar’s safe haven status – Commerzbank
The Federal Reserve finds itself in a tough spot as it navigates rising inflation and slowing growth.
Technical Analysis
Banks
DollarIndex
Consequences for the USD exchange rates are reversed – Commerzbank
Consequences for the USD exchange rates are reversed – Commerzbank
A reasonably normal tariff policy would cause the dollar to appreciate. Why? Because US consumers would prefer to consume US goods instead of imported goods, and US companies would prefer to install US machinery. After all, no tariffs would have to be paid on that.
TradeWar
Banks
DollarIndex
Financial Stability Board nominates BoE Governor Bailey as next chair
Financial Stability Board nominates BoE Governor Bailey as next chair
The Financial Stability Board (FSB) announced on Monday that they nominated Bank of England Governor Andrew Bailey as the next chair of the organization.
Regulation
BOE
USD/CAD holds on to Friday’s gains – BBH
USD/CAD holds on to Friday’s gains – BBH
USD/CAD is holding on to Friday’s gains, BBH FX analysts report.
Technical Analysis
USDCAD
Banks
The Latest Trends in Customer Support for Online Trading
The Latest Trends in Customer Support for Online Trading
News Discussion Forum
By Finance Magnates
The Latest Trends in Customer Support for Online Trading
IronFX is always looking for ways to offer its customers the best possible support. Here’s how IronFX is staying ahead of the latest trends
GBPUSD falls below a key support as we approach the US session open
GBPUSD falls below a key support as we approach the US session open
The USD recovered all the losses following Trump's tariffs announcement with the GBPUSD pair now breaking below a key support
GBP
USD
US Pres. Trump: Slow moving Fed should cut rates
US Pres. Trump: Slow moving Fed should cut rates
"Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is no inflation, and the long time abused USA is bringing in billions of dollars a week from the abusing countries on tariffs that are already in place," US President Donald Trump poste
TradeWar
Fed
UnitedStates
Politics
AUD/USD rebounds to near 0.6040 as China vows stimulus to support economy
AUD/USD rebounds to near 0.6040 as China vows stimulus to support economy
The AUD/USD pair bounces back to near 0.6040 in Monday’s European session from the fresh five-year low of 0.5930 posted earlier in the day.
Recession
RBA
China
TradeWar
AUDUSD
10-year yields back up to 4% ahead of US trading
10-year yields back up to 4% ahead of US trading
The risk mood is picking up on the day, at least for now
market overview
Oil: There's nobody around to catch a falling oil price – Danske Bank
Oil: There's nobody around to catch a falling oil price – Danske Bank
The oil price sell-off has accelerated since Friday as the trade war deepened and the risk of a recession in the US rose, Danske Bank's FX analyst Frederik Romedahl reports.
Oil
OPEC
Banks
Energy: Oil pricing in big demand hit – ING
Energy: Oil pricing in big demand hit – ING
Oil prices have had their worst week since October 2023, with risk assets getting hit by US President Donald Trump’s reciprocal tariffs and the retaliation we have started to see towards them. China retaliated on Friday with a 34% tariff on all imports from the US.
Oil
Energy
Commodities
Banks
NOK: Vulnerable to the liquidity shock – ING
NOK: Vulnerable to the liquidity shock – ING
After the Australian dollar, the Norwegian krone has been the worst-performing G10 currency over the last week, ING's FX analyst Chris Turner notes.
Technical Analysis
EURNOK
Banks
USDNOK
Declining Turnover and Higher Expenses Lead to £9K Loss for TF Global Markets UK in 2024
Declining Turnover and Higher Expenses Lead to £9K Loss for TF Global Markets UK in 2024
News Discussion Forum
By Finance Magnates
Declining Turnover and Higher Expenses Lead to £9K Loss for TF Global Markets UK in 2024
TF Global Markets (UK) Limited, the UK arm of ThinkMarkets, has reported its financial results for the year ending 31 December 2024.
retail
retail brokers
retail forex
retail FX
thinkmarkets
Gold softer as markets test chances for more rate cuts from the Fed
Gold softer as markets test chances for more rate cuts from the Fed
Gold price (XAU/USD) is facing again some selling pressure towards the American trading session, trading at $3,025 at the time of writing on Monday after falling 2% intraday in early trading as the trade war spirals out of control.
TradeWar
UnitedStates
SEO
Gold
Commodities
US/global recession risk drive the USD/CAD for now – Danske Bank
US/global recession risk drive the USD/CAD for now – Danske Bank
USD/CAD had an eventful start to April, dropping to the 1.40 level following broad USD weakness sparked by Trump's tariffs on Liberation Day, Danske Bank's FX analyst Frederik Romedahl reports.
Canada
BOC
USDCAD
Banks
US futures nudge higher but be wary of this Dimon headline
US futures nudge higher but be wary of this Dimon headline
S&P 500 futures are paring losses down to 2% now
Stocks
USD: Too much baggage – ING
USD: Too much baggage – ING
Weekend press reports and TV interviews suggest US President Donald Trump is not yet ready to be swayed from his mission to reset the global trading system.
Technical Analysis
Banks
DollarIndex
London CFD Brokers Fall on Tariff Shock; XTB Stands Firm
London CFD Brokers Fall on Tariff Shock; XTB Stands Firm
News Discussion Forum
By Finance Magnates
London CFD Brokers Fall on Tariff Shock; XTB Stands Firm
Volatility usually benefits brokers, as traders become more active in uncertain markets. However, publicly listed brokers also tend to suffer when markets fall.
Recent tariffs will likely increase inflation - Jamie Dimon
Recent tariffs will likely increase inflation - Jamie Dimon
JP Morgan CEO, Jamie Dimon, remarks in his annual letter to shareholders
Another Executive Leaves eToro as Trading Platform Readies Wall Street IPO Plans
Another Executive Leaves eToro as Trading Platform Readies Wall Street IPO Plans
News Discussion Forum
By Finance Magnates
Another Executive Leaves eToro as Trading Platform Readies Wall Street IPO Plans
Shir Shalom, Head of Risk Management at eToro, has announced her departure from the financial trading platform after serving nearly four years in various leadership roles.
etoro
executive move
EUR/USD to trade at 1.11 in a month – Danske Bank
EUR/USD to trade at 1.11 in a month – Danske Bank
We are revising our EUR/USD forecast higher to reflect a material shift in the structural drivers, Danske Bank's FX analyst Frederik Romedahl reports.
Technical Analysis
EURUSD
Banks
Italy suggests EU could postpone initial counter-tariffs against US to April 30
Italy suggests EU could postpone initial counter-tariffs against US to April 30
Italy Foreign Minister says that EU could postpone retaliatory tariffs against US to April 30 from April 15
market overview
EUR/USD declines as US signals 90-day pause in execution of Trump tariffs
EUR/USD declines as US signals 90-day pause in execution of Trump tariffs
EUR/USD recovers some intraday losses to near 1.0940 during North American trading hours on Monday after sliding around 1.0880 earlier in the day. The major currency pair is still down almost 0.25%, at the time of writing, as the US Dollar (USD) gains after recovering losses.
ECB
EURUSD
TradeWar
Fed
SEO
Gold prices collapse with the rest of the metal complex – ING
Gold prices collapse with the rest of the metal complex – ING
Gold prices tumble from record highs from earlier last week, ING's commodity experts Ewa Manthey and Warren Patterson note.
Metals
Gold
Commodities
Banks
Irisih Trade Minister Harris: EU has been very clear it is up for a deal
Irisih Trade Minister Harris: EU has been very clear it is up for a deal
Ireland's Trade Minister Simon Harris said on Monday that “the European Union (EU) has been very clear it is up for a deal.”
TradeWar
Eurozone
Ireland
GBPUSD
Metal markets collapse on global growth fears – ING
Metal markets collapse on global growth fears – ING
Metal markets collapsed on Friday as Trump’s escalating trade war continues to fuel concerns about global growth and the demand outlook for raw materials, ING's commodity experts Ewa Manthey and Warren Patterson note.
Metals
Copper
Commodities
Banks
EUR: Caught in the middle – ING
EUR: Caught in the middle – ING
EUR/USD has retreated from its spike high to 1.1140 but remains in demand, ING's FX analyst Chris Turner notes.
Technical Analysis
EURUSD
Banks
Ireland's trade minister Harris: The EU has been very clear it is up for a deal
Ireland's trade minister Harris: The EU has been very clear it is up for a deal
Comments from Ireland's trade minister Simon Harris
market overview
Gold Falls Below $3000 as Trump's Tariffs Trigger Global Selloff
Gold Falls Below $3000 as Trump's Tariffs Trigger Global Selloff
News Discussion Forum
By Finance Magnates
Gold Falls Below $3000 as Trump's Tariffs Trigger Global Selloff
Gold prices continued to fall on Monday (today), puzzling investors who typically view the metal as a safe-haven asset during times of crisis.
gold
Trump Tariffs
Finance Magnates at InvestPro Cyprus 2025
Finance Magnates at InvestPro Cyprus 2025
News Discussion Forum
By Finance Magnates
Finance Magnates at InvestPro Cyprus 2025
The Finance Magnates team is participating in InvestPro Cyprus Limassol 2025, taking place in Limassol, Cyprus. This event is marked by a vibrant atmosphere, with professionals from various sectors...
InvestPro
Elon Musk posted a video on X about Milton Friedman arguing against tariffs
Elon Musk posted a video on X about Milton Friedman arguing against tariffs
Elon Musk is pushing for lower tariffs for everyone
market overview
ESMA Slaps This Fintech with €420K Fine for Name-Dropping Violations
ESMA Slaps This Fintech with €420K Fine for Name-Dropping Violations
News Discussion Forum
By Finance Magnates
ESMA Slaps This Fintech with €420K Fine for Name-Dropping Violations
. The European Securities and Markets Authority ( ESMA ) has imposed a €420,000 fine on Modefinance for improperly suggesting the regulator had endorsed its credit rating activities, the EU financi...
esma
fine
fintech
Silver price today: Silver rises, according to FXStreet data
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
Silver
Commodities
Metals
Eurozone Retail Sales jump 2.3% YoY in February vs. 1.8% expected
Eurozone Retail Sales jump 2.3% YoY in February vs. 1.8% expected
The Eurozone’s retail sales rose 2.3% over the year in February, following a revised 1.8% growth in January, according to official data released by Eurostat on Monday. The data outpaced the market expectations for a 1.8% print.
EURUSD
Eurozone
RetailSales
EconomicIndicator