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Finance Magnates

Inside the Prediction Markets: Courts Weigh State Crackdown as Trading Hits $6.5B

The U.S. prediction markets are at the center of a jurisdictional battle between federal and state regulators, with the Commodity Futures Trading Commission (CFTC) asserting exclusive federal oversight. CFTC Chairman Mic...

FXStreet

ECB: Market seen overpricing hikes – Commerzbank

Commerzbank analysts highlight that recent dovish statements from key ECB officials have led markets to price in only modest near-term interest rate hikes, despite expectations of more than two increases by 2026. Current...

ActionForex

Chart Alert: Gold (XAU/USD) Potential Bullish Breakout Above $4,900

Gold (XAU/USD) has rebounded approximately 18% from its March lows and is currently consolidating below the critical $4,900 resistance level, which aligns with the 50-day moving average. Technical indicators suggest a po...

ActionForex

EU Exports to US Drop 26.4% YoY in February, Down 16.1% to China

The Eurozone's trade surplus contracted significantly in February as exports to major partners like the US and China plummeted. Exports to the US fell 26.4% year-over-year to €232.4B, while shipments to China dropped 16....

ActionForex

USD/CAD Extends Pullback to Three‑Week Lows Below 1.3700

The USD/CAD pair has extended its losing streak to nine days, dropping below the 50-day simple moving average (SMA) as elevated oil prices bolster the Canadian dollar (loonie). The pair is correcting from a year-to-date...

ActionForex

The Resilient FTSE 100: Navigating Consolidation and Intraday Scenarios for April 17

The FTSE 100 remains in a bullish trend, maintaining levels above the 10,000 psychological mark while consolidating between 10,550 and 10,700. Technical analysts highlight the index's resilience as buyers continue to dom...

ActionForex

Australian Dollar Pulls Back from Highs on Weaker Data

The Australian dollar (AUD) has retreated from recent highs following the release of weaker-than-expected labor market data, which dampened investor confidence in the currency. Earlier gains were fueled by improved globa...

ActionForex

USD/JPY Builds Positioning Ahead of Signals from the Bank of Japan

The USD/JPY pair remains underpinned by the widening yield differential between U.S. and Japanese government bonds. As of April 2026, the Federal Reserve’s hawkish stance and elevated interest rates contrast sharply with...

FX News Group

Dutch regulator warns of shortcomings in crypto advertising

The Dutch financial regulator has issued warnings about persistent issues in cryptocurrency advertising, noting that while crypto-asset service providers (CASPs) have made improvements, misleading or unclear information...

FXStreet

Oil: Current shock less damaging than 1970s – Commerzbank

Commerzbank economists Jörg Krämer and Bernd Weidensteiner argue that while global oil production is declining more sharply than during the 1970s oil crises, advanced economies are likely to face less severe consequences...

FXStreet

NZD/USD struggles below 0.5900 as Hormuz risks counter Iran diplomacy hopes and support USD

The NZD/USD pair has extended its decline below the 0.5900 level for the second consecutive day, pressured by heightened geopolitical risks in the Hormuz Strait and waning optimism around Iran nuclear diplomacy. The pair...

FXStreet

Canadian Dollar strengthens ahead of Canadian CPI inflation release

The Canadian Dollar (CAD) gained strength against the US Dollar (USD), with the USD/CAD pair dropping to 1.3685 amid reduced safe-haven demand for the USD following a reported ceasefire between Israel and Lebanon. The ma...

Argaam

‎US equities close at record highs for 2nd straight session

US equities extended their rally on Tuesday, with the S&P 500 and Nasdaq Composite hitting all-time highs for the second consecutive session. The S&P 500 closed up 0.7% at 5,032.25, while the Nasdaq surged 1.2% to 15,987...

ActionForex

Positioning Becomes Overly Bullish with Risks of Disappointment

Brent crude oil prices edged higher as the US-Iran ceasefire deadline approaches, with both sides maintaining firm stances despite ongoing back-channel negotiations. The US has escalated military activities near the Stra...

ActionForex

Markets Shift from Chasing to Waiting Ahead of Key US-Iran Talks Weekend

Global markets have transitioned from a risk-on posture to a more cautious stance ahead of critical US-Iran negotiations scheduled for the weekend. The recent rally driven by optimism about potential diplomatic progress...

FXStreet

IEA Chief Birol warns of higher energy prices if Strait of Hormuz is not reopened

The International Energy Agency (IEA) Chief Executive Fatih Birol warned on Friday that failure to reopen the Strait of Hormuz could lead to significantly higher global energy prices. Birol highlighted that the Strait, a...

FXStreet

USD/JPY Price Forecast: Climbs to mid-159.00s; remains confined in a familiar range

The USD/JPY pair has continued its upward momentum for the third consecutive day, rebounding from the 158.25 level, a one-week low, and reaching mid-159.00s during the Asian session. This follows a positive overnight reb...

FXStreet

USD/INR opens lower as RBI restricts oil refiners from spot dollar purchases

The Indian Rupee (INR) opened stronger against the US Dollar (USD) on Friday as the Reserve Bank of India (RBI) restricted state-owned oil refiners from purchasing USD in the spot market. This move aims to curb excessive...

ActionForex

ECB Expected to Hold Rates in April

The European Central Bank (ECB) is expected to maintain its interest rates unchanged in April, as inflationary pressures ease and economic growth remains subdued. Recent data shows a decline in core inflation to 2.9% in...

FXStreet

WTI drifts higher to near $89.00 amid Lebanon-Israel ceasefire strains

West Texas Intermediate (WTI) crude oil prices rose to nearly $89.00 during Asian trading hours on Friday as tensions flared between Israel and Lebanon. Reports indicated that Lebanon's army accused Israel of violating t...