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Webull Adds Visa Direct for Instant Transfers; Expands into Binary Event Contracts
Webull Adds Visa Direct for Instant Transfers; Expands into Binary Event Contracts
Webull (Nasdaq: BULL), an online investment platform, has announced a partnership with Visa to integrate Visa Direct into its US operations.
Webull
retail FX
retail
EUR/GBP slumps to near 0.8460 as Pound Sterling outperforms across the board
EUR/GBP slumps to near 0.8460 as Pound Sterling outperforms across the board
The EUR/GBP pair falls sharply to near 0.8460 during North American trading hours on Tuesday, the lowest level seen in a month. The pair slumps as the Pound Sterling (GBP) outperforms its peers in a risk-off market sentiment.
EURGBP
BOE
Germany
InterestRate
UnitedStates
USDCAD presses lower but lacks momentum;key ceilings and moving averages keep lid on gains
USDCAD presses lower but lacks momentum;key ceilings and moving averages keep lid on gains
Sellers more in control below the MAs but needs to break below recent lows (and keep downside momentum going).
USDCHF consolidates in a tight range; pressure builds near key moving averages
USDCHF consolidates in a tight range; pressure builds near key moving averages
Range-bound between 0.8195 and 0.8333, with moving averages creating short-term negative bias at 0.8259 area.
EU to target €100 billion of US goods with tariffs if talks fail – Bloomberg
EU to target €100 billion of US goods with tariffs if talks fail – Bloomberg
Citing people familiar with the matter, Bloomberg reported on Tuesday that the European Union (EU) plans to target about €100 billion worth of United States (US) imports with additional tariffs if they fail to reach a deal with the US.
EURUSD
Europe
Eurozone
Politics
Macroeconomics
Crossover Markets Expands to the U.S. as Crypto Regulations Ease Under Trump
Crossover Markets Expands to the U.S. as Crypto Regulations Ease Under Trump
Amid more friendly crypto regulations in the US, Crossover Markets, the crypto asset trading technology firm, is preparing to launch its services for the US clients for the first time, Bloomberg re...
Crossover Markets
BurjX Receives In-Principle FSRA Approval, Integrates Fireblocks Security
BurjX Receives In-Principle FSRA Approval, Integrates Fireblocks Security
BurjX, a UAE-based digital asset brokerage, has received In-Principle Approval from the FSRA of Abu Dhabi Global Market (ADGM).
cryptocurrency
MENA
ADGM
FSRA
Abu Dhabi
Abu Dhabi Global Market
The USD is moving lower vs the major currencies. What technical levels are being broken?
The USD is moving lower vs the major currencies. What technical levels are being broken?
What technical levels in the EURUSD, USDJPY and GBPUSD are being broken on the dollar selling today?
Inside Q1/2025: Top FX/CFD Websites and Asia’s Growing Influence
Inside Q1/2025: Top FX/CFD Websites and Asia’s Growing Influence
Asia now drives 66.6% of FX/CFD site traffic. Explore key trends, top platforms, and what this shift means for brokers and traders in Q1 2025.
Finance Magnates Intelligence
qir
EUR remarkably quiet despite political turmoil in Germany – Scotiabank
EUR remarkably quiet despite political turmoil in Germany – Scotiabank
The Euro (EUR) is quiet and trading within a remarkably tight range, given the broader context of uncertainty and German Chancellor Merz’ failure to secure a majority for his confirmation vote in the German parliament, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
EURUSD
Banks
CAD is consolidating in recent range near high – Scotiabank
CAD is consolidating in recent range near high – Scotiabank
The CAD is entering Tuesday’s NA session unchanged vs. the USD, its range tightly bound within a marginally bullish (USD/CAD bearish) trend channel from mid April, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Canada
BOC
USDCAD
Banks
USD: Sentiment fragile as German politics hits European equities – Scotiabank
USD: Sentiment fragile as German politics hits European equities – Scotiabank
Markets are generally quiet and G10 currencies are trading in a mixed fashion against the US Dollar (USD), with no clear overriding theme or risk tone as we head into Tuesday’s NA session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Banks
DollarIndex
Mexican Peso firms as USD/MXN slips from resistance ahead of Fed
Mexican Peso firms as USD/MXN slips from resistance ahead of Fed
The Mexican Peso (MXN) is rising against the US Dollar (USD) on Tuesday, reversing earlier losses as traders reduced Dollar exposure ahead of Wednesday’s highly anticipated Federal Reserve (Fed) policy decision. 
Technical Analysis
SEO
USDMXN
Banxico
Fundamental Analysis
Silver Price Forecast: XAG/USD rallies to near $33 on Trump’s fresh tariff threats
Silver Price Forecast: XAG/USD rallies to near $33 on Trump’s fresh tariff threats
Silver price (XAG/USD) surges to near $33.00 during European trading hours on Tuesday. The white metal strengthens as demand for safe-haven assets increasez after United States (US) President Donald Trump threatened to impose tariffs on pharmaceuticals.
Silver
China
TradeWar
Fed
XAGUSD
This is why you should be nimble when trading
This is why you should be nimble when trading
The DAX is erasing most of the losses following Merz's loss in the first voting round as expectations for a quick resolution build
US Dollar Index at fresh low for May after German Chancellor Merz secures majority
US Dollar Index at fresh low for May after German Chancellor Merz secures majority
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is sliding lower on Tuesday with market nervousness picking up again.
TradeWar
UnitedStates
SEO
Macroeconomics
DollarIndex
Why Is XRP Going Down? 5 Reasons Behind the XRP Price Decline in May 2025
Why Is XRP Going Down? 5 Reasons Behind the XRP Price Decline in May 2025
XRP News: Why is XRP going down? Explore the reasons behind XRP’s price drop to $2.08 on May 6, 2025, including bearish technicals, macroeconomic fears, and ETF delays
ripple. xrp
XRP
XRP News
AUD/USD retraces to near 0.6450 on slowdown in China’s PMI
AUD/USD retraces to near 0.6450 on slowdown in China’s PMI
The AUD/USD pair corrects sharply to near 0.6450 in Tuesday’s European session from the five-month high of 0.6500 posted on Monday. The Aussie pair retraces as the Australian Dollar (AUD) underperforms across the board due to a slowdown in business activity in China.
RBA
China
Fed
AUDUSD
PMI
USD/CNH slips below March lows, downtrend resumes – Société Générale
USD/CNH slips below March lows, downtrend resumes – Société Générale
USD/CNH has lost traction after failing to hold above its 50-DMA and now trades below key March support, with the pair’s inability to reclaim 7.30 suggesting further downside risk toward 7.14 and 7.10, Société Générale's FX analysts note.
Technical Analysis
USDCNH
Banks
AUD/USD rebounds, eyes break above 200-DMA – Société Générale
AUD/USD rebounds, eyes break above 200-DMA – Société Générale
AUD/USD has staged a steady recovery from last month’s lows and is now testing the 200-day moving average, with a breakout above February highs near 0.6410 seen as critical for unlocking further upside toward 0.6550 and beyond, Société Générale's FX analysts note.
Technical Analysis
Banks
AUDUSD
EUR/CHF falls despite soft Swiss CPI print – Danske Bank
EUR/CHF falls despite soft Swiss CPI print – Danske Bank
April’s downside surprise in Swiss inflation has reinforced expectations of a June rate cut by the SNB, with markets now entertaining the possibility of a return to negative interest rates as the strong franc and global uncertainties weigh on growth and price stability, Danske Bank's FX analysts rep
EURCHF
Inflation
SNB
Banks
Switzerland
Pound Sterling rallies against US Dollar ahead of Fed-BoE monetary policy
Pound Sterling rallies against US Dollar ahead of Fed-BoE monetary policy
The Pound Sterling (GBP) surges to near 1.3390 against the US Dollar (USD) during North American trading hours on Tuesday.
China
Fed
SEO
BOE
GBPUSD
China will hold press conference on Wednesday on financial policy package
China will hold press conference on Wednesday on financial policy package
The press conference will be with officials from central bank, securities regulator and financial regulator. Stimulus incoming?
USD/CNH can rise further to 7.2400 – UOB Group
USD/CNH can rise further to 7.2400 – UOB Group
Rebound amid apparent positive divergence suggests US Dollar (USD) could rise further to 7.2400 vs Chinese Yuan (CNH); strong resistance at 7.2800 is unlikely to come under threat. In the longer run, USD could range-trade for a few days before resuming its decline; the level to watch is at 7.1700,
Technical Analysis
USDCNH
Banks
USD/CNH drops to six-month low amid optimism – Danske Bank
USD/CNH drops to six-month low amid optimism – Danske Bank
Asian currencies rallied sharply, led by a historic surge in the Taiwan dollar, as growing speculation over imminent trade talks between the US and its Asian partners boosted market sentiment and fueled hopes of policy shifts, Danske Bank's FX analysts report.
China
Currencies
USDCNY
USDCNH
Banks
USD/JPY has likely entered a consolidation phase – UOB Group
USD/JPY has likely entered a consolidation phase – UOB Group
US Dollar (USD) is expected to trade in a 143.40/144.85 range vs Japanese Yen (JPY). In the longer run, USD has likely entered a consolidation phase and is likely to trade between 142.20 and 146.70 for now, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USDJPY
Technical Analysis
Banks
USD faces downside risks despite recent stabilization – Danske Bank
USD faces downside risks despite recent stabilization – Danske Bank
Although the US dollar has found temporary support from equity gains and easing trade tensions, lingering soft data and early signs of labour market weakness suggest the greenback remains vulnerable to a gradual decline, reinforcing a bearish medium-term outlook, Danske Bank's FX analysts report.
Technical Analysis
Currencies
EURUSD
Banks
DollarIndex
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