FOREXLive

FOREXLive is a news site that provides real-time foreign exchange market updates and analysis. The site covers various topics including currency exchange rates, economic data, company earnings reports, and central bank policies. The articles often contain expert opinions and technical analysis to help readers make informed decisions in the forex market. While there are some contradictions and deceptive practices found in the articles, the overall reporting seems neutral with no major conflicts of interest.

80%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This news site has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on its reporting.

Bias

95%

Examples:

  • The articles provided show a slight leaning towards neutral reporting.

Conflicts of Interest

60%

Examples:

  • There are a few instances of potential conflicts of interest mentioned, but they do not seem to be a major issue.

Contradictions

88%

Examples:

  • There are some contradictions found in the articles regarding economic data and company reports.

Deceptions

85%

Examples:

  • Some articles contain deceptive practices such as misleading headlines or partial information.

Recent Articles

  • Japanese Yen Surges Against U.S. Dollar: Lower-than-Expected Inflation Data Sparks Speculation of Intervention and Market Volatility

    Japanese Yen Surges Against U.S. Dollar: Lower-than-Expected Inflation Data Sparks Speculation of Intervention and Market Volatility

    Broke On: Thursday, 11 July 2024 Japan's yen strengthened against the US dollar on July 11, 2024, following unexpectedly low U.S. inflation data and speculation of Japanese intervention in the currency market. The shift marked a significant turn from the yen's previous 38-year low and had implications for both countries as major economies and trading partners.
  • US Crude Oil Inventories Decline by 12.157 Million Barrels: EIA Report

    US Crude Oil Inventories Decline by 12.157 Million Barrels: EIA Report

    Broke On: Wednesday, 03 July 2024 US crude oil inventories decreased by 12.157 million barrels in the week ending June 28, according to the EIA, with gasoline and distillate stocks also declining. The inventory draw and geopolitical tensions contributed to a rise in crude oil prices to $83.21.
  • Hedge Fund Boot Camps: How Top Finance Firms Are Training the Next Generation of Trading Stars

    Hedge Fund Boot Camps: How Top Finance Firms Are Training the Next Generation of Trading Stars

    Broke On: Wednesday, 19 June 2024 Hedge funds, managing $4.3 trillion in assets, face a recruitment crisis leading to the emergence of intensive training programs like Citadel's, offering high salaries to mold future traders with cutting-edge skills in machine learning and AI. These boot camps help firms stay competitive by equipping their traders with latest skills and strategies.
  • April Inflation Decreases Slightly: Groceries Fall for First Time in a Year, Core Inflation Drops to 3.6%

    April Inflation Decreases Slightly: Groceries Fall for First Time in a Year, Core Inflation Drops to 3.6%

    Broke On: Wednesday, 15 May 2024 Inflation eased slightly in April with overall and core rates decreasing, marking the lowest annual increase in core inflation since early 2021. Grocery prices fell for the first time in a year, while housing and gas prices continued to drive overall inflation higher. The latest data reinforced expectations for Federal Reserve policy easing.
  • UPS Reports Q1 2024 Earnings Decline, Secures $1.7B USPS Contract and Aims for $20B Healthcare Revenue

    UPS Reports Q1 2024 Earnings Decline, Secures $1.7B USPS Contract and Aims for $20B Healthcare Revenue

    Broke On: Tuesday, 23 April 2024 UPS reported a 5.3% revenue decrease and a 36.5% drop in operating profit for Q1 2024, but remains optimistic about future growth. The company won a $1.7 billion contract with the US Postal Service, making it the largest air cargo provider and replacing FedEx.
  • China's Manufacturing Activity Expands in March, Signaling Stabilization of the Economy

    China's Manufacturing Activity Expands in March, Signaling Stabilization of the Economy

    Broke On: Sunday, 31 March 2024 China's manufacturing and services sectors showed signs of stabilization in March, with the official purchasing managers index for manufacturing rising to 50.8 from 49.1 in February, beating economists' expectations by half a point.
  • Federal Reserve Keeps Interest Rates Low Amid High Inflation Concerns: PCE Index to be Watched Closely

    Federal Reserve Keeps Interest Rates Low Amid High Inflation Concerns: PCE Index to be Watched Closely

    Broke On: Sunday, 25 February 2024 The US economy is growing, but high inflation remains a concern. The Personal Consumption Expenditures (PCE) index will be closely watched as it's preferred by the Fed as an inflation gauge.
  • ECB Keeps Interest Rates Steady Amid Sluggish Euro Area Economy and Fragile Financial Stability

    ECB Keeps Interest Rates Steady Amid Sluggish Euro Area Economy and Fragile Financial Stability

    Broke On: Thursday, 25 January 2024 The European Central Bank (ECB) has announced that it will hold interest rates steady at their current record high for the third straight meeting in a row, despite facing a sluggish euro area economy and fragile financial stability. The ECB is focused on bringing inflation down to 2% from 2.9%, but some officials have pushed back against market expectations for rate cuts in the spring.
  • Twitch Layoffs: 500 Staff Cut, Unity Software Announces 25% of Staff to be Laid Off

    Twitch Layoffs: 500 Staff Cut, Unity Software Announces 25% of Staff to be Laid Off

    Broke On: Wednesday, 10 January 2024 Amazon's Twitch is cutting 500 staff, which accounts for around 35% of its employees. This move follows two rounds of layoffs in 2023 that cut approximately 400 positions. The games industry has also been impacted by these layoffs as Unity Software announced it was laying off 25% of staff amid a company reset.

  • Factors Influencing Recent Oil Price Volatility

    Broke On: Friday, 27 October 2023 Decreased output from major oil-producing countries and increased global energy consumption are driving up oil prices. Rising production and transportation costs could potentially lead to a decrease in oil prices. Geopolitical risks, particularly in the Middle East, are contributing to oil price volatility.