FX Industry
Gold, Silver and Platinum Awaken Amid Global Economy Uncertainties
The metal markets are alive as coronavirus continues to spread around the world. Notably, the metal prices continue to grow in strength and might start to run higher. After several...
Read moreFCA Asks Britons To Beware of Instagram FX Scams
The British Financial Conduct Authority (FCA) is warning citizens to be aware of the FX scams on Instagram. These scams are purposed via fake profiles that operate solely on social...
Read moreBelight Capital Group Has CIF Authorization Suspended By CySEC
The Cyprus Securities and Exchange Commission, or CySEC, made an announcement today. This announcement was in regard to the regulator issuing a suspension in the whole of the Cyprus Investment...
Read moreUSDJPY Price; the Bulls May Prevail and the Price May Target $109 and $111 Price Level
USDJPY Price Analysis – April 08 Further increase in the bulls’ pressure will break up the supply level of $108 and the upside target levels will be $109 and $111...
Read moreFrench Regulators Add 17 New FX and Crypto Websites To Blacklist
French financial market regulators, the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR), recently issued yet another warning to investors in the country...
Read moreCME Reports Record Numbers In Quarterly International Volumes
It seems the COVID-19 pandemic has led to some select few profiting immensely, and not the usual suspects of hand sanitizer and toilet paper companies. The CME Group announced on...
Read moreUSDCHF Price Penetrates the Demand Level of $0.97, Targeting $0.96 and $0.95 Price Level
USDCHF Price Analysis – April 07 Should the daily bearish candle closes below the $0.97 price level, the bears may continue to control the USDCHF market, the demand level of...
Read moreGold Rallies, Spreads Widen As Investors Exit Market due To Fears
Gold surged as traders added almost 5.7K contracts on April 6. Additionally, volumes increased by about 61.3K contracts according to preliminary figures supplied by CME Group for Gold futures markets....
Read moreTraders Aimed to Recover $3.4 Million From Brokers in Q1 2020
The Financial Commission recently issued a report for the first quarter of 2020, suggesting that traders sought to recover about $3.4 million from their brokers during the three months ending...
Read moreE-Global’s Addition to “Mega Lawsuit” Addition Not Opposed by FXCM Inc
As it stands now, the parties within the aptly named “mega lawsuit” have filed a joint status letter. Within this letter, it updated the New York Southern District Court on...
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