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What is the Swap-free Program? The Swap-free Program is a promotional initiative designed to reduce trading costs and enhance profitability. However, eligibility to continue enjoying swap-free benefits depends on meeting specific Trading Activity requirements. Program Rules First 7 Days: All account

What is the US Dollar Index? The US Dollar Index (DXY, DX, USDX) measures the value of the United States dollar relative to a basket of other currencies, including the currencies of some of the US’s major trading partners. The Dollar Index rises when the US dollar gains strength compared to the othe

The Canadian dollar moved sideways after the latest interest rate decision by the Bank of Canada. The bank decided to hike interest rates by 0.50%. Pushing the overnight rate to 1.50%. In addition, Tiff Macklem warned that more rate hikes were necessary to curb the soaring inflation. This was more h

The Canadian dollar dropped on Friday on more signs of upheaval in the global trade landscape, as Trump said he planned to impose blanket levies of 15% or 20% on most trade partners. Canadian imports currently face a 25% tariff that Trump imposed earlier this year over the country's alleged role in

The dollar has been trading with a firming bias, overall, posting fresh highs versus some currencies, such as the pound and Australian dollar, although so far remaining off highs seen yesterday against other currencies, such as the euro. The spate of cautious trading in world stock markets, due to c

December 2021 The COVID-19 pandemic has caused unprecedented health and economic consequences and exacerbated existing inequalities — straining families’ economic mobility and restricting the U.S. economy. More than ever, decisionmakers need data-driven economic analysis with an inclusive lens. Over