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Trading Volume Surge Pushes Tiger Brokers’ Q1 Income to Record High
Trading Volume Surge Pushes Tiger Brokers’ Q1 Income to Record High
News Discussion Forum
By Finance Magnates
Trading Volume Surge Pushes Tiger Brokers’ Q1 Income to Record High
Up Fintech (Nasdaq: TIGR), the operator of the Tiger Brokers brand, ended the first quarter of 2025 with total revenue of US$122.6 million and net income of US$36 million.
Tiger Brokers
Italy April PPI +3.8% vs +3.9% y/y prior
Italy April PPI +3.8% vs +3.9% y/y prior
Latest data released by Istat - 30 May 2025
GBP/USD: Likely to trade in a range of 1.3455/1.3530 – UOB Group
GBP/USD: Likely to trade in a range of 1.3455/1.3530 – UOB Group
Pound Sterling (GBP) is likely to trade in a range of 1.3455/1.3530. In the longer run, current price movements still appear to be part of a range trading phase, likely between 1.3400 and 1.3600, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
GBPUSD
Banks
Technical Analysis
JPY: Tokyo inflation data warns of July BoJ rate hike – ING
JPY: Tokyo inflation data warns of July BoJ rate hike – ING
Tokyo May inflation data surprised on the upside, ING's FX analyst Chris Turner notes.
USDJPY
Japan
BOJ
Banks
Technical Analysis
EUR/USD: Likely to trade in a range of 1.1270/1.1435 for now – UOB Group
EUR/USD: Likely to trade in a range of 1.1270/1.1435 for now – UOB Group
There is scope for the sharp rally to extend; deeply overbought conditions suggest any advance is likely part of a higher range of 1.1330/1.1415.
Technical Analysis
EURUSD
Banks
USD: April spending and inflation data in focus – ING
USD: April spending and inflation data in focus – ING
Yesterday's dollar rally didn't last long. It quickly became clear that the Trump administration would pursue other trade laws to enact its tariffs, and later, the US Court of Appeals proposed a delay in the original court ruling that tariffs were illegal.
DollarIndex
Banks
Technical Analysis
Fed
Payments in 2025: A Simpler, Smarter, and Faster World—But Challenges Remain
Payments in 2025: A Simpler, Smarter, and Faster World—But Challenges Remain
News Discussion Forum
By Finance Magnates
Payments in 2025: A Simpler, Smarter, and Faster World—But Challenges Remain
The payments industry is going through one of its most transformative periods yet. In 2025, the focus is clear: make payments faster, more secure, and more integrated into people’s daily lives.
Visa
payment
NZD/USD retreats from 0.6000 with the US Dollar picking up ahead of the PCE inflation release
NZD/USD retreats from 0.6000 with the US Dollar picking up ahead of the PCE inflation release
The New Zealand Dollar has been rejected at the 0.6000 psychological area and returned to 0.5950, as the US Dollar regains lost ground, with investors bracing for the release of April’s US PCE Price Index reading.,The Dollar lost ground against its main peers earlier on Thursday, as a US federal co
NZDUSD
Currencies
Silver price today: Silver falls, according to FXStreet data
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Friday, according to FXStreet data.
Silver
Commodities
Metals
FMAS:25 Final Day Kicks Off in Cape Town, Highlighting Retail Trading, Fintech, and Crypto
FMAS:25 Final Day Kicks Off in Cape Town, Highlighting Retail Trading, Fintech, and Crypto
News Discussion Forum
By Finance Magnates
FMAS:25 Final Day Kicks Off in Cape Town, Highlighting Retail Trading, Fintech, and Crypto
The second and final day of the Finance Magnates Africa Summit (FMAS:25) is now underway at the Cape Town International Convention Centre.
FMAS:25
events
South Africa
FAME Awards 2025 Celebrates Top Brokers Across Africa
FAME Awards 2025 Celebrates Top Brokers Across Africa
News Discussion Forum
By Finance Magnates
FAME Awards 2025 Celebrates Top Brokers Across Africa
The 3rd annual Financial Achievements in Markets Excellency (FAME) Awards took place on 29 May 2025, live on the Centre Stage at FMAS:25.
FAME
Awards
ECB’s Panetta: Reduced room to cut rates further, but macro outlook remains weak
ECB’s Panetta: Reduced room to cut rates further, but macro outlook remains weak
European Central Bank (ECB) executive board member Fabio Panetta said on Friday that there is a “reduced room to cut rates further, but the macro outlook remains weak and trade tensions could worsen it.”
CentralBanks
ECB
EURUSD
InterestRate
US Dollar Index rebounds modestly as US Appeals court puts tariff-ban on hold
US Dollar Index rebounds modestly as US Appeals court puts tariff-ban on hold
The US Dollar (USD) recovers on Friday after a sharp sell-off the previous day, with investors remaining uncertain over the existence of majority of tariffs imposed by United States (US) President Donald Trump on all of his trading partners since his return to the White House this year.
DollarIndex
UnitedStates
Inflation
Fed
EUR/USD pulls back to 1.1330 on Dollar's short covering ahead of US inflation data
EUR/USD pulls back to 1.1330 on Dollar's short covering ahead of US inflation data
EUR/USD extends its reversal, and is trading near 1.1330 at the time of writing as investors trim their Dollar shorts, ahead of the release of April's US Personal Consumer Expenditures (PCE) Price Index numbers.
EURUSD
Majors
Technical Analysis
SEO
Pound Sterling sets for fourth straight positive monthly close against US Dollar
Pound Sterling sets for fourth straight positive monthly close against US Dollar
The Pound Sterling (GBP) claws back some of its early losses against the US Dollar (USD) and recovers to near 1.3470 during Friday’s North American session.
GBPUSD
Fed
BOE
UnitedStates
SEO
Italy Q1 final GDP +0.3% vs 0.3% q/q prelim
Italy Q1 final GDP +0.3% vs 0.3% q/q prelim
Latest data released by Istat - 30 May 2025
Bavaria April CPI +2.1% vs +2.1% y/y prior
Bavaria April CPI +2.1% vs +2.1% y/y prior
Latest data released by Destatis - 30 May 2025
GBP/JPY trades above 194.00 after paring recent losses
GBP/JPY trades above 194.00 after paring recent losses
GBP/JPY extends its losses for the second successive session, trading around 194.00 during the European hours on Friday.
GBPJPY
Crosses
Macroeconomics
Japan
UnitedKingdom
WTI drops to levels near $60.00 as global trade uncertainty returns
WTI drops to levels near $60.00 as global trade uncertainty returns
WTI Oil prices reversed gains on Thursday, after the US Court of Appeals reversed a sentence from a lower court to block Trump's trade tariffs.
Oil
WTI
Commodities
Levels
NZD/USD falls to near 0.5950 as US Dollar rises ahead of PCE Index data
NZD/USD falls to near 0.5950 as US Dollar rises ahead of PCE Index data
NZD/USD halts its two-day winning streak after offering daily gains, trading around 0.5960 during the early European hours on Friday.
NZDUSD
Majors
Macroeconomics
NewZealand
Webus Bets $300M on XRP to Fuel Payments — XRP’s Price Barely Budges
Webus Bets $300M on XRP to Fuel Payments — XRP’s Price Barely Budges
News Discussion Forum
By Finance Magnates
Webus Bets $300M on XRP to Fuel Payments — XRP’s Price Barely Budges
Webus International unveils $300M XRP reserve bid to power global payments. XRP price barely budges despite growing corporate interest.
XRP
Webus
XRP Reserve
USD/CAD sticks to modest intraday gains above 1.3800 ahead of US PCE data
USD/CAD sticks to modest intraday gains above 1.3800 ahead of US PCE data
The USD/CAD pair regains positive traction on Friday and reverses a part of the previous day's retracement slide from the 1.3860 area, or a one-week high.
USDCAD
Inflation
Fed
BOC
Currencies
USD/CHF extends the decline below 0.8250, US PCE data in focus
USD/CHF extends the decline below 0.8250, US PCE data in focus
The USD/CHF pair loses ground to near 0.8230 during the early European session on Friday. The Swiss Franc (CHF) edges higher against the  US Dollar (USD) due to persistent trade-related uncertainties.
USDCHF
Majors
Macroeconomics
Forex Today: US tariff headlines limit USD upside ahead of key inflation data
Forex Today: US tariff headlines limit USD upside ahead of key inflation data
Here is what you need to know on Friday, May 30:
Majors
Macroeconomics
Currencies
EconomicIndicator
Commodities
FX option expiries for May 30 NY cut
FX option expiries for May 30 NY cut
FX option expiries for May 30 NY cut at 10:00 Eastern Time vi a DTCC can be found below.
Options
Currencies
AUD/JPY drops to near 92.50 following Tokyo’s inflation, Aussie Retail Sales data
AUD/JPY drops to near 92.50 following Tokyo’s inflation, Aussie Retail Sales data
AUD/JPY extends its losses for the second successive day, trading around 92.50 during the Asian hours on Friday. The currency cross depreciates nearly 0.50% as the Japanese Yen (JPY) gains ground against its peers after Tokyo’s core inflation came in stronger than expected.
AUDJPY
Crosses
Macroeconomics
Japan
Australia
FX option expiries for 30 May 10am New York cut
FX option expiries for 30 May 10am New York cut
A look at what is on the board for today
market overview
EUR/GBP holds losses near 0.8400 following German Retail Sales, eyes on CPI data
EUR/GBP holds losses near 0.8400 following German Retail Sales, eyes on CPI data
EUR/GBP edges lower after registering more than 0.50% gains in the previous session, trading around 0.8420 during the Asian hours on Friday. The currency cross holds losses following the release of Germany’s Retail Sales data.
EURGBP
Crosses
Macroeconomics
Eurozone
UnitedKingdom
German Retail Sales grow 2.3% YoY in April vs. 1.8% expected
German Retail Sales grow 2.3% YoY in April vs. 1.8% expected
Retail Sales in Germany unexpectedly declined 1.1% month-over-month (MoM) in April, following the 0.9% revised growth (from -0.2%) reported in March, according to official data released by Destatis on Friday.
Germany
RetailSales
EconomicIndicator
EURUSD
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 Friday, early in the European session. WTI trades at $60.41 per barrel, down from Thursday’s close at $60.61.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $63.08 after its previous daily close at $63.30.
Oil
WTI
Commodities
Breaking: US core PCE inflation softens to 2.5% in April as forecast
Breaking: US core PCE inflation softens to 2.5% in April as forecast
Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, declined to 2.1% in April from 2.3% in March, the US Bureau of Economic Analysis reported on Friday. This reading came in below the market expectation of 2.2%.
Breaking
UnitedStates
Inflation
EconomicIndicator
SEO
EUR/JPY Price Forecast: Bullish tone remains in play above 163.00
EUR/JPY Price Forecast: Bullish tone remains in play above 163.00
The EUR/JPY cross attracts some sellers to around 163.25 during the early European session on Thursday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid rising expectations that the Bank of Japan (BoJ) will continue raising interest rates this year.
EURJPY
Technical Analysis
Crosses
Bullish
SEC Dropped the Lawsuit Against Binance After 2 Years
SEC Dropped the Lawsuit Against Binance After 2 Years
News Discussion Forum
By Finance Magnates
SEC Dropped the Lawsuit Against Binance After 2 Years
The US Securities and Exchange Commission (SEC) voluntarily dismissed its lawsuit against Binance yesterday (Thursday) with prejudice , meaning the agency cannot pursue the case again.
binance
Securities and Exchange Commission
Silver Price Forecast: XAG/USD hovers around $33.00 after breaking below nine-day EMA
Silver Price Forecast: XAG/USD hovers around $33.00 after breaking below nine-day EMA
Silver price (XAG/USD) offers its recent gains registered in the previous session, trading around $33.00 per troy ounce during the Asian hours on Friday.
XAGUSD
Silver
Technical Analysis
Commodities
Metals