FX

CMC Funded, a simulated proprietary trading programme linked to CMC Markets, has selected Match-Trader as the technology foundation for its entry into prop trading. Match-Trade Technologies, which was founded in 2013 and supplies Match-Trader and brokerage technology, announced the choice today. Finance Magnates reported that the programme launched on 1 October. Benjamin Charbonneau, CFA, Managing […]

Tokyo core CPI rose to 2.7% year on year in September, against a consensus of 2.4%, according to investinglive, and the yen’s reaction was small. The figure, published at 08:30 in Tokyo today, compares with 1.8% in August and is the first reading above the Bank of Japan’s 2% target since January. USD/JPY traded at

USD/INR has repeatedly pushed toward 96.00 in recent sessions but keeps failing to hold above it, with Societe Generale pointing to visible Reserve Bank of India intervention as the reason. The pair closed at 95.96 on Thursday and was trading at 95.8125 on Friday, still well short of the 96.57 intraday peak it reached on

Key Points Middle East Escalation: The killing of Iran’s Supreme Leader Ayatollah Khamenei has sent shockwaves and can be expected to elevate safe-haven demand and lift oil prices. This is a key macro driver, especially for the early part of the month. GBP Pressure: The pound faces continued headwinds as domestic political and economic uncertainty

American equity markets experienced a broad retreat as weak employment figures and renewed selling pressure in technology stocks dampened investor confidence. The S&P 500 trades down 0.84% at 6,859 points, while the Nasdaq 100 suffered a more substantial decline of 2.12%, sitting at 24,798.88 during afternoon trading. Employment Data Reveals Concerning Labor Market Trends The