Bahamas investigators are looking into the FTX collapse
Authorities in the Bahamas are looking into the FTX collapse to see if any illegal activity took place, according to a statement from the Royal Bahamas Police on Sunday.One of the most high-profile cryptocurrency meltdowns, FTX filed for bankruptcy on Friday after traders rushed to remove $6 billion off the platform in only 72 hours […]
Now You Can Trade Multiple Assets with Fullerton Markets
Fullerton Markets has been providing traders with an unparalleled experience since it first opened its doors in 2016. For years, the broker primarily served as a Forex broker but now, offers stock and cryptocurrency CFD on top of commodities (precious metals) and indices. With this move, clients have access to multiple investment products that provide […]
RoboMarkets – The Ultimate Platform for Forex Trading: Recognized as the Best Retail Broker Global at Global Business Review Magazine Award 2021
Forex trading has seen an upper trend across the globe, and more traders are joining every day. Forex Markets can yield very good results if studied and executed in a near perfect way. RoboMarkets is one of the most trusted and easy to use platforms when it comes to Forex trading. RoboMarkets was awarded for […]
RoboForex – Recognized as the Best Stocks Broker Global at Global Business Review Magazine Award 2021
The Global Business Magazine Awards are a distinguished online magazine that recognizes business innovators, market disruptors, and leaders from around the world. The Global Business Magazine Awards are organised by Global Business Magazine, a UAE-based journal, to recognise excellence, remarkable support, and top achievers in a variety of industries like Stock, Forex Trading and much […]
Community banks turns on forex services
Historically, there has been a significant barrier to entry for community banks and credit unions to fulfil their customers’ foreign exchange (forex) transaction needs. They lack in the technology platforms and the in-house forex expertise. Hence, they have had to rely on correspondent banks to service their customers. The fast-growing fintech sector is bringing forex […]
Eightcap Partners’ Innovative Partnership Program is Exactly What the Forex Affiliate Industry Needs
Affiliate marketing has become a growing phenomenon over the last few years, as more small forex businesses want to increase their clients and, in effect, increase their revenue. One of the most significant and proven ways is to form a strategic partnership with a larger CFD provider. This benefits the broker by expanding its client […]
Zloty set to pace FX gains
The zloty has further space to climb, even after a rally. As chances grow that Poland’s central bank will begin lifting interest rates sooner rather than later, this was reported by the media. The Polish currency is lagged peers in central Europe in 2021. Meanwhile, the Hungarian forint and Czech crown are leading. This is […]
Hungary handled FX spread dispute in loan repayment case
The European Union’s top court ruled out that the Hungary was not unfair to borrowers in the exchange rate it set in repaying loans denominated in foreign currency. This is by rejecting a demand to invalidate such agreements. The issue of foreign currency loans weighed on Hungarian borrowers and banks in the last decade. This is because […]
Bearish bets soften on Asian FX as US dollars eases
Investors trimmed bearish bets on most Asian currencies. This is because the dollar weakened on hopes of a temporary pushback in the Federal Reserve’s tapering timeline, while sentiment on the Indian rupee turned marginally bullish. Investors unwound their bearish bets on the Indian rupee to be slightly bullish. 0.2% in August were appreciated by the […]
Sterling steady above $1.39 before Bank of England meeting
Sterling steadied around $1.39 against the dollar, buoyed by risk sentiment in markets, optimism over the outlook for COVID in Britain and some anticipation of a hawkish turn from the Bank of England when it meets. Britain’s pound has rebounded after most lockdown measures in England were dropped on July 19. After that it has stayed mostly […]