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XM

XM
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XM (XM.COM) offers forex, stock indices, oil trading, gold trading and CFDs on MT4. Trade with a licensed forex broker.
Federal Reserve
The dollar advanced against a basket of major currencies on late Wednesday, rising to a one-week high after the Fed’s rate-setting committee decided to set October as the starting date of unwinding their overloaded balance sheet, while they also agreed to keep interest rates unchanged as markets had projected....
US Dollar Currency
While geopolitical tensions escalated after the US President used stronger language against North Korea at his first speech in front of global leaders at the UN on Tuesday, the dollar showed relatively little reaction slipping near its two-year lows. Markets instead were more cautious about the FOMC decision to be announced later today, while they...
US Dollar Japanese Yen
On Tuesday, the dollar hit a fresh eight-week high against the yen in Asia with investors widely expecting the Fed policymakers to announce the start of monetary tightening later this year in their two-day meeting that concludes on Wednesday. Its British counterpart was in an uptrend as well following...
Japanese Yen
On Monday, safe-haven currencies were trading lower as UN leaders were preparing to kick off a meeting on Tuesday to discuss possible solutions on North Korea’s nuclear programs, with the US seeking a peaceful resolution. The dollar was hovering sideways ahead of the FOMC meeting. With the economic calendar lacking significant releases during the Asian session,...
Great British Pound Currency
Central bank meetings dominated today’s European session, while US CPI was the main data in focus. The pound soared to a fresh one-year high against the dollar after the Bank of England signalled rates could go up within months. The US dollar also shined as the greenback was lifted...
Bank of England
On Thursday, the dollar index was moving sideways above the 92 key-level in Asia, as investors ignored another aggressive warning from North Korea and instead were cautious whether US inflation data released later today would change the chances of the Fed raising interest rates again this year. Meanwhile, the...
Euro Currency
Currencies were trading quietly during the Asian session ahead of a busy calendar on Wednesday, with markets reacting little to the latest North Korean threats. The dollar weakened slightly with investors expecting inflation data to be released later today, while the euro ticked up after news stated that the President...
Great British Pound Currency Euro
The dollar maintained its strength against its rivals during the Asian trading hours as experts downgraded the impact of Hurricane Irma, while the UN Security Council approved a lighter package of sanctions on North Korea. Meanwhile, the British government won the vote on the EU withdrawal bill, lifting the pound to...
Oil Commodity
On Monday, investors had a bit more appetite for risk in Asia, giving some support to the dollar, as North Korea celebrated the anniversary of its founding without any additional missile tests. In energy markets, oil prices showed some recovery after ministers from Saudi Arabia, Venezuela and Kazakhstan discussed...
US Dollar Currency
It was another difficult session for the US dollar as numerous factors including political issues, disappointing economic numbers, and dangerous natural phenomena weighed heavily on the currency driving it to a 32-month low. Consequently, the dollar’s weakness boosted other majors and helped them reach new highs. The dollar fell to low levels not seen since the...
Europe
After a surprise rate hike from the Bank of Canada, US Congressional leaders and the president decided unexpectedly on late Wednesday to raise the government’s debt limit. However, the dollar failed to strengthen, as geopolitical risks continued to weigh on the markets, while the Fed’s Vice Chairman surprised markets...
Australian Dollar Currency
On Wednesday, markets continued being in a risk-averse mood as a North Korean diplomat warned the day before that more is coming from his country. However, in the US the focus turned to domestic policies, as Fed policymakers are preparing for their next meeting in two weeks’ time. With geopolitical risks in the background,...
Australia
The dollar entered a consolidation phase in Asia as investors remained nervous about North Korea’s possible future nuclear actions, while US markets provided little direction as they were closed for the Labour Day Holiday. Meanwhile, in Australia the RBA decided to keep its monetary policy unchanged, holding cash rates at record lows, but...
Japanese Yen
It was another risk-off Monday for investors as North Korea was said to have fired its sixth and most powerful weapon on Sunday, driving the demand for safe-haven assets higher while the US markets were closed for the Labour Day holiday. Gold gained the most, hitting a fresh 11-month high during the Asian trading hours. Yesterday, the...
Currencies
With geopolitical risks remaining in the background and the tropical Storm Harvey devastating the Southern US, the dollar managed to reverse some of yesterday’s losses during the Asian session. Investors were also forming their predictions for the widely expected nonfarm payrolls released later today. The aussie posted short-lived gains...
Australian Dollar Currency
The dollar had a relatively winning battle against its peers overnight, extending its positive momentum after investors restored their confidence in the US economy despite geopolitical risks remaining high and huge damages from the ongoing tropical storm Harvey. On the other hand, the Australian dollar performed poorly, failing to...
Australian Dollar British Pound Currency
While the US counts the damage from the ongoing disastrous tropical storm Harvey, the dollar managed to reverse losses during the Asian trading hours as investors’ fears over a dangerous escalation of tensions between North Korea and the US eased.  Meanwhile, the aussie peaked at a 4-week high after...
Euro Currency
The dollar and risk assets were retreating during Tuesday’s Asian session after a new ballistic missile test by North Korea. The novel feature of the latest missile test by North Korea compared to previous tests was that it flew over the Northern Japanese island of Hokkaido before landing in...
Donald Trump
President Trump has yet again induced weakness in the US currency with his remarks about a possible government shutdown to fulfill his campaign promises. The greenback weakened against the yen, but gained against other majors making the dollar index flat on the day. The release of flash PMI data...
Euro Currency
In the absence of any significant economic data releases during the Asian session, political turmoil out of Washington and a terrorist attack in Spain dominated the news-flow in forex markets. The dollar weakened against most major currencies, with the yen getting a relatively significant boost. Investors’ concerns over the Trump...
Japanese Yen
As Asian traders were heading home for the day, the yen rose and the dollar extended declines following the release of the Federal Reserve meeting minutes last night. The aussie firmed up following a rally in base-metal prices. The rest of the day looks busy with several economic data...
US Dollar Japanese Yen
The US dollar continued gaining during the Asian session following yesterday’s spike versus the yen on upbeat retail sales. Sterling was also down against the greenback during morning trading, while other majors including the euro, aussie, kiwi and the Canadian dollar managed to recoup some of the losses against...
US Dollar Currency
During European trading hours, the dollar managed to reverse partially from losses made on Friday, after comments by two US civil officials and the South Korean president on Monday eased war tensions between the US and North Korea. Meanwhile, the euro weakened as data out of the eurozone showed that industrial output in the...
Euro Currency
Forex markets have had a muted reaction to the released economic data during the Asian session. The yen weakened against the greenback despite an upbeat string of figures out of Japan and still ongoing tensions between the US and North Korea. The aussie softened only modestly against its US...
Euro Dollar Currency
Escalating turmoil between the US and North Korea has continued to dominate the news flow in forex markets as the war of words threatens to spill over into army confrontation. However, the demand rally for the safe haven assets came to a halt ahead of European trading. Oil prices dropped,...
New Zealand Dollar Currency NZD
Intensifying turmoil between the US and North Korea continued to strain forex markets across the globe and to lift demand for assets perceived as safe havens for the second day. The yen and gold continued rising, while the Swiss franc took a breather against the dollar (last trading at 0.9660 francs) and...
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Geopolitical woes between the US and North Korea escalated overnight following announcements by the presidents of both countries. In response, safe-haven assets such as the yen, Swiss franc and gold strengthened overnight. The dollar index was moderately down ahead of European trading. The escalating situation commanded the news flow during the Asian...
Euro Dollar Currency
Chinese economic data dominated today’s Asian session as dollar traders await key consumer prices figures for July due on Friday. The dollar index gave up on some of the strong gains from Friday to last trade at 93.36. The euro was up against the greenback, trading above the 1.1800 handle. Disappointing trade data out...
Oil Commodity
Forex markets have started the week on a relatively quiet note regarding economic releases. During the Asian session, New Zealand inflation expectations and German industrial output in June were the main figures of interest. The dollar gave up on some of Friday’s gains against most majors, including the yen...
US Dollar Currency Yen
The greenback had yet another setback overnight ahead of the eagerly-anticipated non-farm payrolls data out today. Following yesterday’s disappointing ISM non-manufacturing PMI, the dollar slid on an alleged grand jury issuance of subpoenas about a June 2016 meeting President Trump’s son and his son-in-law held with a Russian lawyer. The dollar...

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