Nasdaq, the exchange for trading financial assets and stocks, made a request to U.S. regulators to allow it to trade options linked to the spot Ethereum ETFs that recently entered the market. Ethereum ETF options trading The request came in a form filed on [specific date] with the Securities and Exchange Commission (SEC), in which […]
U.S. Stock Markets Rise, Super Micro Computer Falls
U.S. stock indexes rose on Wednesday, following Wall Street’s recent rally, although sentiment remains fragile. Wall Street indexes rose on Tuesday, showing signs of improvement and recovering some of the heavy losses registered the previous week amid concerns about a possible U.S. recession and a slowdown in the technology sector. The S&P 500 along with […]
OnEquity Expands Operations to Indonesia
OnEquity, a global leader in multi-asset brokerage, is excited to announce its official launch in Indonesia. This strategic expansion marks a significant step forward in OnEquity’s mission to provide top-tier trading solutions to clients worldwide. Indonesian traders will now have access to OnEquity’s comprehensive suite of trading instruments, including forex,commodities, indices, and cryptocurrencies. Backed by […]
Dollar rises, yen falls after Bank of Japan rules out another rate hike
The U.S. dollar rose on Wednesday, while Japan’s yen sank after the Bank of Japan tried to calm the turbulent waters by signaling that it will not raise rates further if markets remain highly volatile. Dollar recovers ground after sharp losses The dollar gained some ground on Wednesday, helped in part by the yen’s weakness […]
EUR/USD EUR/USD Declines, Fails to Hold 1.10 Level
The EUR/USD pared recent gains and retreated from the 1.1000 level on Tuesday as markets continue digesting recent rebalancing in Forex market flows. Investors have possibly regained equilibrium and have once again returned to betting on an increase in the pace of rate cuts by the Federal Reserve in September. Tuesday’s Eurozone economic data had […]
U.S. Stock Markets Rise, with Strong Earnings Supporting Sentiment Shift
U.S. stock markets rose on Tuesday, showing signs of recovery from Monday’s decline, despite continuing concerns about an economic slowdown. Recession Fears Lead to Heavy Losses Concerns about a significant slowdown in economic growth, following a string of poor data related to the purchasing managers’ index and the labor market, caused the DJIA, S&P 500, […]
Dollar Rebounds After Sharp Losses, Euro and Pound Lose Ground
The U.S. dollar gained ground on Tuesday, reversing some of its recent losses as some calm returned to currency markets. Dollar Recovers After Heavy Losses In recent weeks, the dollar has been significantly affected by fears of a possible U.S. recession after a series of weak labor market data, which has triggered bets that the […]
Outlook for the Week of August 05-09
Key points to watch out for: Will the Reserve Bank of Australia Turn to a Dovish Course? After the decisions of the Bank of Japan, the Federal Reserve, and the Bank of England last week, the central bank torch will be passed to the Reserve Bank of Australia, which will announce its decision on Tuesday, […]
Dollar Falls on Recession Fears; Yen and Swiss Franc Gain
The U.S. dollar fell sharply on concerns about U.S. economic growth, while the Swiss franc and Japanese yen saw strong safe-haven demand. Dollar Loses Ground on Recession Fears The dollar’s sell-off came after data released on Friday showed a significant cooling in U.S. job creation in July, and U.S. Treasury yields fell as traders began […]
OnEquity Wins Award for Most Reliable Forex Broker at AtoZ Awards 2024
OnEquity, a premier global brokerage firm, has been honored with the “Most Reliable Forex Broker” award at the AtoZ Awards 2024. This recognition underscores OnEquity’s unwavering commitment to providing exceptional trading services and maintaining a secure, transparent environment for its clients. The AtoZ Awards are renowned for celebrating excellence and innovation in the financial industry. […]