OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Financial Commission Accepts TitanFX as Its Newest Member
TitanFX status as the latest Member of the Financial Commission took effect on November 23, 2020, following the approval of its membership application by the Financial Commission The Financial Commission, a leading independent member-driven external…
Broctagon Partners with Spotware to Offer cTrader White…
According to a press release, leading Fintech and trading solutions company Spotware has partnered with Broctagon Fintech Group to expand White Label services. Broctagon, which has a global presence in 7 countries across Europe and…
Dollar Mixed, Stocks Turn Down, Covid-19 Rise Forces…
Summary: A degree of volatility returned to FX trading although the end-result was a flat finish to the Dollar Index (USD/DXY) which is a favoured gauge of the Greenback’s value against a basket of 6…
Dollar Dips on Upbeat Data, Vaccine Hopes; Virus…
Summary: The US Dollar edged lower against most of its rivals while stocks were mixed as Q3 kicked off. Upbeat manufacturing PMI’s recorded in China, Germany and the United States and positive test results for…
ASIC Bans Former Forex Capital Trading Pty Ltd…
ASIC has banned Mr Steven Marsh, a former employee of Forex Capital Trading Pty Ltd (Forex CT), from providing financial services for a period of three years. Forex CT employed Mr Marsh as an account…
Risk Shaky, US Covid-19 Infections See Record Rise,…
Summary: The battle for risk continued with markets finishing on a cautious note as the number of new coronavirus cases around the world grew. In the United States, new Covid-19 infections hit 37,000 which is…
Dollar, Key US Bond Yield Drops After Fed…
Summary: The Dollar dropped against all its rivals while the benchmark US 10-year bond yield slumped 10 basis points to 0.73% following a dovish Federal Reserve. The Fed kept interest rates unchanged (0-0.25%) as expected…
Pound Plummets on Brexit Row; NZD, AUD, Risk…
Summary: The British Pound took a hammering to its lowest since March 26, plummeting to 1.2080 in early Sydney. Sterling closed 1.25% lower at 1.2105 on Friday in New York from its opening of 1.2230.…