Blogs

The US Dollar (USD) is trading sideways for now on this last Friday of the year and the very last trading day of 2023. Looking back at its performance overall for this year, the Greenback has lost only around 3% Year-To-Date on the US Dollar Index

Oil prices are flat whilst residing below $74 with some downside pressure building. Saudi Arabia has cut its key Oil price by $1.25 per barrel for deliveries in Asia as of February. The news comes not from Saudi Aramco itself, but from three

The Sterling trades under increasing bearish pressure after breaking below the base of a triangle pattern, at 180.80.

The NZD/USD pair faces nominal sell-off near 0.6360 as the US Dollar has attempted a recovery move despite thin trading activity.

India FX Reserves, USD: $620.44B (December 22) vs $615.97B

India Bank Loan Growth declined to 20.2% in December 18 from previous 20.8%

The Euro is looking for direction on a light session on the last trading day of the year.

Gold price (XAU/USD) has extended its correction but a consolidation is likely ahead due to thin trading activity.

<p>The proprietary (prop) trading industry is undergoing major consolidation, with projections that a few top firms will control 80% of the market share in the coming years. The future outlook of prop trading was a key topic discussed at the 2023 Finance Magnates London Summit (FMLS:23). FTMO founders, who launched their prop trading company

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