CFDs - News & Market Analysis

EUR/USD continued to float around the rate of 1.1100 on Wednesday as investors continued to assess the gravity of the renewed political crisis in Italy after Prime Minister Conte resigned yesterday. The US dollar, on the other hand, remained stable...

GBP/USD retreated on Wednesday towards the rate of 1.2100 after it jumped sharply on Tuesday on comments from Germany’s Angela Merkel that they should continue looking for a practical solution to the Irish border. Later today, British Prime...

USD/JPY held higher on Wednesday, trading slightly below its session high of 106.584. The safe- haven yen lost appeal on Wednesday as investors turned back to riskier assets after recession fears receded. The benchmark 10- year Treasury yield in the...

EUR/GBP rose on Wednesday to test a session high of 0.91608 after the pair fell sharply yesterday on comments from Germany’s Angela Merkel that they should continue looking for a practical solution to the Irish border. Later today, British...

AUD/USD extended gains on Wednesday to test a session high of 0.67928 as the risk mood pushed investors toward the commodity- linked currencies such as the Australian dollar. The pair should be expected to exert higher volatility during the North...

Gold continued to trade in consolidation on Wednesday, floating around the rate of 1500. Gold remained undecided which way to go as investors are eagerly waiting for Fed’s Powell speech on Friday (15:00 GMT+1). Fed Cahir Jerome Powell will...

Crude oil extended its rally on Wednesday, testing its highest rate in one week (56.855). Crude oil remained supported by tension in the Middle East as the US continued to target the released Iranian tanker, which is on its way back to Iran. Crude...

The GER30 index rose 1.14% on Wednesday supported by the rising Auto, Banking and Industrial sectors. Among the best performers, SAP was up 2.19%, followed by Siemens, which rose 2.03% on Wednesday. BMW AG gained 2.01%. Among the rare losers on...

The USA500 index rose 0.69% ahead of the North American trading session on Wednesday as investors continued to recede the recession fears, which propped up the longer- term yields in the US. The index closed down 0.79% yesterday, with American...

USD/TRY was trading slightly lower in Europe, testing a session low of 5.70415. The pair, however, remained close to its highest rate since late July (5.74785) due to a weaker Lira, which has come lately under pressure from reports that the central...