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FPG Fortune Prime Global (FPG), an Australian-based regulated provider of CFDs and forex trading services, has issued a public advisory concerning the unauthorised replication of its platform by a fraudulent clone website.
FPG not only solidified its position as a local enterprise but also strengthened its cooperative relationships with other well-known businesses such as Melbourne Today,
Market Review | May 10, 2024
DBG Markets was specially invited to exhibit, showcasing its substantial expertise and innovative capabilities in global financial services.
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On Wednesday (May 8th), the US dollar index fluctuated around 105.5 and ultimately closed up 0.13% at 105.51.
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Market Review | May 9, 2024
On Tuesday (May 7th), the US dollar index steadily rose, dropping to an intraday low of 105.04 before the US market.
the U.S. Dollar Index (DXY) has experienced a resurgence, presently holding above the 105 mark. This strength is supported by a hawkish tone from Federal Reserve officials.
Market Review | May 8, 2024
Market Review | May 8 , 2024
Market Review | May 8, 2024
On Monday (May 6th), the US dollar index briefly fell below the 105 mark, but later regained all lost ground and turned higher
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The U.S. equity market continued its upward trajectory, buoyed by growing optimism surrounding potential interest rate cuts by the Federal Reserve later this year, following the release of softer-than-expected nonfarm payroll data last Friday, indicating a slowdown in economic performance.
Market Review | May 7, 2024
Last Friday saw a notable weakening in the dollar, with the dollar index (DXY) declining to its monthly low following the underwhelming U.S. Non-Farm Payroll (NFP) report, which significantly missed market expectations.
Last Friday (May 3rd), due to a slowdown in US employment growth in April that exceeded expectations and a cooling year-on-year salary increase, the market increased its bets on the Federal Reserve's two interest rate cuts this year.