Category Archives: Forex


What Makes the Dollar Retain Its Dominance?

For as long as just about anyone can remember, the US dollar has been the King of Currencies. American pre-eminence in global economic and political affairs and its unchallenged role as the Leader of the Free World have largely been responsible for the greenback’s standing as the global reserve currency. However, with incremental changes in […]

DAX gains ground as Italian markets recover

The DAX index has posted considerable gains in the Tuesday session. Currently, the index is at 11,689, up 0.66% on the day. In economic news, German ZEW Economic Sentiment plunged to a level of -24.7, well below the estimate of -12.3 points. Eurozone ZEW Economic Sentiment followed a similar trend, falling to -19.4, compared to […]

EUR/USD – Euro shrugs off dismal German ZEW Economic Sentiment

EUR/USD is steady in the Tuesday session, after posting slight gains to start the week. Currently, the pair is trading at 1.1579, unchanged on the day. On the release front, German ZEW Economic Sentiment plunged to a level of -24.7, well below the estimate of -12.3 points. Eurozone ZEW Economic Sentiment followed a similar trend, falling […]

Palestinian activist released to house arrest following appeal

Palestinian political activist and Abnaa Al-Balad leader Raja Eghbaria was released to house arrest yesterday, after an Israeli court agreed with his defence team “that police behaviour confirms he poses no threat justifying detention for a series of Facebook posts over the last year”. According to legal rights centre Adalah, Haifa Magistrates’ Court released Eghbaria […]

Gaza saw 45% drop in exits through Israel-controlled Erez crossing

September saw a 45 per cent drop in Palestinian exits through the Israeli-controlled Erez crossing of the occupied Gaza Strip, Israeli NGO Gisha reported yesterday. According to the press release, there was a total of 5,263 exits of Palestinians through Erez in September, a decrease of 45 per cent compared to August (9,626), 54 per […]

Iraq’s Sadr calls on Kurds to abandon ‘quotas’

The leader of Iraq’s Sadrist Movement Muqtada Al-Sadr yesterday called on Kurdish leaders to keep all “corrupt” people away from the state’s senior positions. Since the overthrow of the former Iraqi president Saddam Hussein in 2003, Sunnis, Shias and Kurds have been sharing senior positions in the state under the so-called “quota” system. “We want […]

Russia signs ‘comprehensive partnership’ deal with Egypt

Russian President Vladimir Putin has issued a decree to sign “a comprehensive partnership and strategic cooperation agreement at the highest level” with Egypt, Russia’s Sputnik reported yesterday. Putin’s announcement coincided with the beginning of Egyptian President Abdel Fattah Al-Sisi’s three-day visit to Russia earlier today. The presidential decree, which was published on the Kremlin’s official website, stated […]

Markets stable for now but risks pile up

Saudi in the spotlight as lies start to unravel Investors may not be feeling particularly comfortable yet but we are seeing some welcome stability in the markets on Tuesday, with Europe posting small gains following a mixed session in Asia overnight. US futures are also pointing a little higher which will provide some comfort following […]

7 myths about Israel’s ‘Separation Wall’

In 2002, Israel decided to build the so-called Separation Wall. By 2003, it had already constructed 143 kilometres of the colossal structure, most of which cut deep into the West Bank, the Palestinian territory that Israel has occupied since the Six Day War of 1967. Its route through occupied West Bank territory means that the […]

Company News – Changes in trading hours for #HSI on October 17

Dear traders, Please be informed that on October 17th Double Ninth Festival is celebrated in Hong Kong. For this reason, on October 17th, 2018 CFD trading for Hang Seng index (#HSI) will be closed. Please consider this information, when planning trading on financial markets. Starting from October 18th, 2018 trading returns to regular hours.