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XS.com Names Stelios Pallis as CTO After Four Years at GT Group
XS.com Names Stelios Pallis as CTO After Four Years at GT Group
News Discussion Forum
By Finance Magnates
XS.com Names Stelios Pallis as CTO After Four Years at GT Group
Stelios Pallis has announced on LinkedIn that he has started a new position as Chief Technology Officer (CTO) at XS.com.
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industry move
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Silver Price Forecast: XAG/USD struggles around $33.00 as Fed officials guide restrictive policy stance
Silver Price Forecast: XAG/USD struggles around $33.00 as Fed officials guide restrictive policy stance
Silver price (XAG/USD) faces selling pressure above the key level of $33.00 in North American trading hours on Friday.
Silver
XAGUSD
DollarIndex
Fed
Canada December retail sales +2.5% vs +1.6% expected
Canada December retail sales +2.5% vs +1.6% expected
Canadian December 2024 retail sales data and the preliminary January 2025 numbers
Big night for Canada last night, big economic data coming up
Big night for Canada last night, big economic data coming up
Canadian retail sales due at the bottom of the hour
GBP turns lower from 100-day/week MA signals in mid-1.26s – Scotiabank
GBP turns lower from 100-day/week MA signals in mid-1.26s – Scotiabank
UK Retail Sales rose a solid 2.1% in January, well ahead of expectations, after run of soft data in Q4, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBPUSD
Technical Analysis
Banks
EUR tops out in the low 1.05s again – Scotiabank
EUR tops out in the low 1.05s again – Scotiabank
Preliminary Eurozone PMI data for February were mixed to slightly softer, weighing on the EUR somewhat in European trade, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Technical Analysis
Banks
DXY: Short-covering lifts USD into weekend – Scotiabank
DXY: Short-covering lifts USD into weekend – Scotiabank
The US Dollar (USD) is trading higher on the day overall, with yesterday’s big winner, the JPY, this morning’s big loser after Japan’s January headline CPI reflected the anticipated pick up to 4.0% Y/Y, Scotiabank's Chief FX Strategist Shaun Osborne notes.
DollarIndex
Technical Analysis
Fed
Banks
CAD: Pivot around 1.42 extends ahead of Retail Sales, Macklem – Scotiabank
CAD: Pivot around 1.42 extends ahead of Retail Sales, Macklem – Scotiabank
The Canadian Dollar (CAD) is a very moderate loser on the day, down a little more than 0.1%.
USDCAD
Technical Analysis
Banks
BOC
Canada
US Dollar steadies after US Services PMI contracts against all odds
US Dollar steadies after US Services PMI contracts against all odds
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is trading around 106.60 at the time of writing after a rather disappointing United States (US) preliminary Purchase Manager's Index (PMI)
DollarIndex
Macroeconomics
UnitedStates
SEO
ForexLive European FX news wrap: Dollar slightly higher in final stretch of the week
ForexLive European FX news wrap: Dollar slightly higher in final stretch of the week
Forex news from the European morning session on Feb 21, 2025
Session wrap
Wrap Europe
European natural gas and power prices drop – Danske Bank
European natural gas and power prices drop – Danske Bank
European natural gas and power prices have dropped back over the past week despite a cold spell adding to heating demand in Northern Europe, Danske Bank's FX analyst Mohamad Al-Saraf reports.
Gas
Energy
Banks
Technical Analysis
JPY emerges as the top performer in the G10 space – Danske Bank
JPY emerges as the top performer in the G10 space – Danske Bank
USD/JPY has been steadily declining this year, with JPY emerging as the top performer in the G10 space.
USDJPY
Technical Analysis
Banks
NZD largely unphased by the RBNZ comments – BBH
NZD largely unphased by the RBNZ comments – BBH
Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway reiterated the bank’s policy outlook , BBH's FX analysts report.
NZDUSD
Technical Analysis
NewZealand
RBNZ
Banks
USD/CNH: Expected to trade between 7.2300 and 7.2580 – UOB Group
USD/CNH: Expected to trade between 7.2300 and 7.2580 – UOB Group
US Dollar (USD) is expected to trade between 7.2300 and 7.2580 vs Chinese Yuan (CNH).
USDCNY
USDCNH
Technical Analysis
Banks
AUD: RBA remains cautious about prospects for further policy easing – BBH
AUD: RBA remains cautious about prospects for further policy easing – BBH
AUD is supported as markets continue to imply a shallow RBA easing cycle (roughly 50bps of easing over the next 12 months), BBH's FX analysts report.
AUDUSD
Technical Analysis
Banks
USD/JPY: Expected to trade in a 149.20/150.55 range – UOB Group
USD/JPY: Expected to trade in a 149.20/150.55 range – UOB Group
US Dollar (USD) is expected to trade in a 149.20/150.55 range vs Japanese Yen (JPY).
USDJPY
Technical Analysis
Banks
Russia says no interim contact expected before Trump-Putin meeting
Russia says no interim contact expected before Trump-Putin meeting
The Kremlin said that a meeting next week is possible but the details are yet to be ironed out
Politics
GBP: BoE to cut 50bps over the next 12 months– BBH
GBP: BoE to cut 50bps over the next 12 months– BBH
GBP is firmer after UK January retail sales growth overshot expectations , BBH's FX analysts report.
GBPUSD
Technical Analysis
Banks
Inflation
Why Is Bitcoin Going Up? Saylor Warns: "Only One Country Can Buy 20% of BTC"
Why Is Bitcoin Going Up? Saylor Warns: "Only One Country Can Buy 20% of BTC"
News Discussion Forum
By Finance Magnates
Why Is Bitcoin Going Up? Saylor Warns: "Only One Country Can Buy 20% of BTC"
Michael Saylor warned the US could miss a major financial shift, urging it to acquire 20% of Bitcoin’s supply to strengthen the dollar and economy.
bitcoin
BTC
crypto
cryptocurency
MicroStrategy
USD/CAD Price Forecast: Recovers to near 1.4200
USD/CAD Price Forecast: Recovers to near 1.4200
The USD/CAD pair gains to near the key resistance of 1.4200 in European trading hours on Friday.
USDCAD
DollarIndex
Fed
BOC
Inflation
NZD/USD: Unlikely to reach 0.5790 today – UOB Group
NZD/USD: Unlikely to reach 0.5790 today – UOB Group
Scope for New Zealand Dollar (NZD) to rise further, but it is unlikely to reach 0.5790 today.
NZDUSD
Technical Analysis
Banks
USD/JPY: Technical rebound; fade rallies – OCBC
USD/JPY: Technical rebound; fade rallies – OCBC
USD/JPY fell to a low of 149.29 this morning before rebounding to above 150 on Governor Ueda’s comments.
USDJPY
Technical Analysis
Banks
JPY: Inflation endorses hawkish sentiment – ING
JPY: Inflation endorses hawkish sentiment – ING
The Japanese Yen (JPY) has had a stellar week, ING’s FX analysts Francesco Pesole notes.
USDJPY
Technical Analysis
Japan
Banks
Dollar holds steadier so far on the session
Dollar holds steadier so far on the session
Not too much else going on in markets in European trading
AUD/USD can advance further, potentially reaching 0.6455 – UOB Group
AUD/USD can advance further, potentially reaching 0.6455 – UOB Group
Room for Australian Dollar (AUD) to advance to 0.6425 vs US Dollar (USD) before levelling off; 0.6455 is likely out of reach for now.
AUDUSD
Technical Analysis
Banks
USD: A major correction on souring US sentiment – ING
USD: A major correction on souring US sentiment – ING
FX markets moved quite hectically yesterday, with the dollar giving up its weekly gains in a round of heavy positioning readjustment.
DollarIndex
Technical Analysis
Banks
EURUSD Technical Analysis – The focus switches to the US PMIs
EURUSD Technical Analysis – The focus switches to the US PMIs
The EURUSD pair continues to trade in ranges with the bullish bias remaining intact. What’s next?
EUR
USD
EUR/USD weakens on US Dollar's recovery, slower-than-growth in Eurozone PMI
EUR/USD weakens on US Dollar's recovery, slower-than-growth in Eurozone PMI
EUR/USD slides to near 1.0460 in Friday’s North American session.
EURUSD
ECB
Fed
PMI
SEO
DXY: Break below 100-DMA may open room for further downside – OCBC
DXY: Break below 100-DMA may open room for further downside – OCBC
US Dollar (USD) fell overnight as UST yields retreated while US equities slipped.
DollarIndex
Technical Analysis
Banks
Gold near flat ahead of US PMI release
Gold near flat ahead of US PMI release
Gold’s price (XAU/USD) took in on the chin and was down over 1% from its Thursday all-time high of $2,954 during the Asian trading session on Friday, now heading back to nearly flat ahead of the US trading session around $2,935 at the time of writing.
Gold
Commodities
UnitedStates
SEO
GBP/USD: Boost in momentum indicates further GBP strength to 1.2730 – UOB Group
GBP/USD: Boost in momentum indicates further GBP strength to 1.2730 – UOB Group
Impulsive momentum could push Pound Sterling (GBP) higher vs US Dollar (USD); overbought conditions suggest 1.2730 could be just out of reach for now.
GBPUSD
Technical Analysis
Banks
EUR/USD: German elections Sunday – OCBC
EUR/USD: German elections Sunday – OCBC
As of 17 Feb, Politico’s poll of polls shows CDU/CSU leading at 30%, AfD at 21%, SPD at 16% and Greens at 13%, while other smaller parties are in the region of 5% or so.
EURUSD
Technical Analysis
Banks
EUR/JPY surrenders half of intraday gains after steady Eurozone flash PMI
EUR/JPY surrenders half of intraday gains after steady Eurozone flash PMI
The EUR/JPY pair gives up half of its intraday gains and falls to near 157.50 from the intraday high of 158.23 in European trading hours on Friday.
EURJPY
ECB
PMI
BOJ
Inflation
EUR: Major German parties pledge to keep the far right out of any coalition – ING
EUR: Major German parties pledge to keep the far right out of any coalition – ING
The euro has benefited from the unwinding of US Dollar (USD) longs, but remains generally unattractive in the crosses, ING’s FX analysts Francesco Pesole notes.
EURUSD
Technical Analysis
Banks
EUR/USD: Has room to extend to 1.0530 – UOB Group
EUR/USD: Has room to extend to 1.0530 – UOB Group
Impulsive advance has room to extend to 1.0530; a clear break above this level appears unlikely.
EURUSD
Technical Analysis
Banks
UK Preliminary Services PMI unexpectedly rises to 51.1 in February vs. 50.8 expected
UK Preliminary Services PMI unexpectedly rises to 51.1 in February vs. 50.8 expected
The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) unexpectedly declined to 46.4 in February from 48.3 in January.
GBPUSD
UnitedKingdom
EconomicIndicator
PMI
Manufacturing
Silver price today: Silver broadly unchanged, according to FXStreet data
Silver price today: Silver broadly unchanged, according to FXStreet data
Silver prices (XAG/USD) broadly unchanged on Friday, according to FXStreet data.
Silver
Commodities
Metals
UK February flash services PMI 51.1 vs 50.8 expected
UK February flash services PMI 51.1 vs 50.8 expected
Latest data release by S&P Global - 21 February 2025
Exclusive: CFD Industry Surpasses 5M Accounts: What's Next?
Exclusive: CFD Industry Surpasses 5M Accounts: What's Next?
News Discussion Forum
By Finance Magnates
Exclusive: CFD Industry Surpasses 5M Accounts: What's Next?
Last year was a strong one for the CFD industry. The market continued to expand, though primarily in developing countries.
active accounts
Intelligence report
CFD industry
Asia
trump
xtb
ATFX Expands Trading Capabilities with BlackArrow Integration
ATFX Expands Trading Capabilities with BlackArrow Integration
News Discussion Forum
By Finance Magnates
ATFX Expands Trading Capabilities with BlackArrow Integration
Traders can seamlessly engage with forex, indices, cryptocurrencies, commodities, and stocks within a single platform.