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Breaking: IC Markets Seeks UAE License
IC Markets, the Australia-headquartered broker, is considering strengthening its Middle East presence by obtaining a license in the United Arab Emirates.
IC Markets Global
IC Markets

Enclave Markets Brings Encrypted Trading to Every DeFi User
EnclaveX has all the features one has come to expect from a top-tier perpetuals exchange.
blockchain

Trump: Japan is coming in today to negotiate tariffs and the cost of military support
Trump post on Truth Social
USD

USD/CAD slides back into multiyear range – Societe Generale
USD/CAD continues to trend lower after February's rejection at 1.48, breaking below the 200-DMA and slipping back into a multiyear range.
Technical Analysis
USDCAD
Banks

EUR/JPY: Surprisingly steady – ING
Despite global equity market moves, EUR/JPY is diverging from its usual correlations, driven by a dollar sell-off and repatriation flows from Europe and Japan.
Technical Analysis
EURJPY
Banks

China reportedly mulls requesting Airbus to supply any new jets with extra set of engines
This reaffirms the Boeing boycott
CNY

USD/JPY under pressure amid tariff jitters – OCBC
USD/JPY continues to trade with a bearish tilt as tariff uncertainty and questions over the dollar’s safe-haven role persist.
Technical Analysis
USDJPY
Banks

FCA Allows 16,000 Firms to Skip Three Data Collections; Do CFD Providers Benefit?
The Financial Conduct Authority (FCA ) has proposed changes aimed at reducing data reporting requirements for around 16,000 firms. The regulator plans to remove three specific data collections from...
fca
The Financial Conduct Authority (FCA)
retail

Could be something or could be nothing, but things are moving on US-China front
CNBC reports that China replaced its top international negotiator as talks with the US stalled
market overview

Finance Magnates Unveils New Identity
Finance Magnates unveils a new look with a fresh logo, colors, and style—reflecting our growth and who we are today: modern, smart, and reliable.
Finance Magnates

Finance Magnates Unveils New Visual Identity
Finance Magnates unveils a new look with a fresh logo, colors, and style—reflecting our growth and who we are today: modern, smart, and reliable.
Finance Magnates

Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data.
Silver
Commodities
Metals

Traders continue to favour dovish bets amid the lack of positive developments on tariffs
Interest rate expectations remain skewed to the more dovish side as a couple of disappointing headlines weighed on risk sentiment
market overview

Saxo Unveils Fee-Free Flexible ISA as Demand Skyrockets 600%
Investment firm Saxo has introduced a new Flexible ISA product in the UK after experiencing a 591% increase in demand for its stocks and shares ISA during January and February compared to the same ...

EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session
Indian Rupee (INR) crosses trade on the front foot at the beginning of Wednesday, according to FXStreet data.
India

EUR/USD bounces back as investors doubt USD’s safe-haven appeal
EUR/USD recovers strongly to near 1.1390 during European trading hours on Wednesday after a slight correction on Tuesday. The major currency pair strengthens as the US Dollar (USD) resumes its downside journey after a short-lived recovery move.
EURUSD
ECB
DollarIndex
TradeWar
SEO

China open to talks if Trump shows respect – Bloomberg
Citing a person familiar with the Chinese government’s thinking., Bloomberg reported on Wednesday that China is willing to sit across the table with the US. However, Beijing has some preconditions for the trade negotiations.
China
UnitedStates
Gold
TradeWar
RiskAversion

EUR/JPY advances to near 162.00 as Euro receives support from real money flows
EUR/JPY rebounds after two consecutive sessions of losses, trading near 162.00 during Wednesday’s European hours. The currency cross strengthens as the Euro (EUR) gains traction against its peers, supported by real money flows as investors hedge Dollar exposure or repatriate US assets.
Crosses
Eurozone
Japan
EURJPY
Macroeconomics

Eurozone March final CPI +2.2% vs +2.2% y/y prelim
Latest data released by Eurostat - 16 April 2025
EUR

BoC Governor Macklem: We have to be flexible and adaptable
Bank of Canada (BoC) Governor Tiff Macklem addressed the central bank’s policy outlook and answered questions from the media after the BoC paused its easing cycle in April.
BOC
USDCAD
SEO
InterestRate

GBP/USD: Sterling enjoys its reserve currency status – ING
GBP/USD continues to benefit from broader dollar weakness and reserve diversification trends, with FX managers potentially trimming dollar holdings in favor of currencies like sterling. The pair also closely follows EUR/USD moves, as Europe embraces fiscal stimulus.
Technical Analysis
Banks
GBPUSD

DXY hovers near lows as trade uncertainty weighs – OCBC
Dollar Index (DXY) inched modestly higher overnight but continues to trade near recent lows. Trump launched a probe into the need for tariffs on critical minerals, the latest action in an expanding trade war that has targeted key sectors of the global economy.
DollarIndex
Banks
Technical Analysis

USD/JPY: Leading the charge lower in the dollar – ING
The Japanese Yen’s (JPY) solid current account and foreign asset position continue to pressure USD/JPY lower, even as the rare decoupling from US Treasury yields unfolds. While this divergence may prove short-lived, markets could settle into a lower USD/JPY as Fed cuts materialize later this year.
Technical Analysis
BOJ
USDJPY
Banks

EUR/USD consolidates near 1.13 – OCBC
The Euro (EUR) is consolidating as markets digest tariff concerns and await the ECB meeting, where a 25bp rate cut is expected. While bullish momentum continues, dovish ECB rhetoric or pushback on recent euro strength could limit further gains.
Technical Analysis
EURUSD
Banks

Real money flows fuel EUR/USD rally – ING
The EUR/USD rally appears driven by real money flows as investors hedge dollar exposure or repatriate US assets.
EURUSD
Banks
Technical Analysis

Palladium price today: Rare metals mixed at the start of the European session
Platinum Group Metals (PGMs) trade mixed at the beginning of Wednesday, according to FXStreet data.
Platinum
Commodities
Palladium

Prop Firms Challenge CFD Brokers: Takeover or Coexistance?
Strong growth in prop trading revenues among non-bank liquidity providers has highlighted the potential impact of market expansion on CFD brokers.
prop firms
prop trading
CFD brokers

NZD/USD rises above 0.5900 as US Dollar struggles ahead of US Retail Sales data
NZD/USD continues its winning streak for the sixth successive day, trading around 0.5910 during the European hours on Wednesday. The pair appreciates as the New Zealand Dollar (NZD) gains ground following the release of key economic data from China.
Majors
NewZealand
NZDUSD
Macroeconomics

FCA Plans to Remove "Imprecise" Transaction Cost Disclosures for 12.6 Million UK Investors
The UK’s financial market watchdog unveiled a new round of proposals to simplify investment disclosure requirements, aiming to make product information more transparent and engaging for retail inve...
fca
The UK
regulation

Technically, the S&P 500 is on the brink between glory and disaster
Technical Analysis

Gold jumps above $3,300 as the surging run continues
It was just a week ago that gold was still trading under $3,000
Gold

US Dollar Index falls below 99.50 due to eroding investor confidence, Retails Sales eyed
The US Dollar Index (DXY), which measures the US Dollar (USD) against a basket of six major currencies, declined after gaining in the previous session, trading near 99.50 during Wednesday's European hours.
DollarIndex
Fed
Macroeconomics
Majors
TradeWar

Eurozone February current account balance €33.1 billion vs €13.2 billion prior
Latest data released by the ECB - 16 April 2025
EUR

Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $60.29 per barrel, down from Tuesday’s close at $61.01. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $63.66 after its previous daily close at $64.36.
Oil
WTI
Commodities

Webull Taps GTN to Offer Fixed Income Instruments to APAC Customers
The Singaporean unit of Webull has partnered with GTN to provide fixed-income investment services to its users in the Asia-Pacific region.

Ex-China mouthpiece hits back at US, says "we're curious to see who holds out longer"
Some interesting remarks by Hu Xijin, former Global Times editor, who is also a prolific nationalistic commentator
CNY

Forex Today: US Dollar selloff resumes after short reprieve, eyes on BoC and Powell
Here is what you need to know on Wednesday, April 16:
Currencies
Majors
EconomicIndicator
Commodities
Macroeconomics

China’s Foreign Ministry urges US to stop threats and blackmail
On Wednesday, China’s Foreign Ministry urged the US to stop threats and blackmail.
China
AUDUSD
TradeWar