FX Industry
Cyprus Based Forex Broker FXTM Gets Regulatory License in Mauritius
Forex broker FXTM which has regulatory licenses from CySEC, the FCA and FSCA has announced that it got a license from Mauritius as well. The company has been following its...
Read moreLira Falls Even with Surprise Monetary Tightening
Turkey's surprise tightening of monetary policy in response to a plummeting Lira was forced by a sudden drop in official reserves. The attempt did not stem the tide and the...
Read moreAustralian Court Awards ASIC Interim Injunctions against Forex Capital Trading
ASIC recently secured interim injunctions against Forex Capital Trading, blocking the company from transferring any property or even client money overseas. This is the second major case of the regulator...
Read moreDollar Recovers After Dropping Due to Federal Reserve Surprise Announcement
A recent announcement by the U.S. Federal Reserve surprised the world to the point where the dollar dropped significantly on Wednesday. The announcement stated that the Fed does not foresee...
Read moreAustralia’s Unemployment Rate Hits an 8-year Low, Dollar Goes Up
The unemployment rate in Australia went to an 8-year low as employment opportunities continue to rise since February. The local dollar supply has also been increasing steadily as expectations against...
Read moreThe Feds May Have a Hawkish Stance on the Interest Rates
The Feds are expected to adopt a hawkish stance on interest rates even as Chairman Jerome Powell suggests that the US central bank doesn’t hold any bias in its next...
Read moreRBA Shows Concerns for Consumers as Australian Housing Market Continues to Slump
The Australian central bank is waiting for a resolution of decelerating economic growth and strong hiring anomaly, as the home prices in the nation continue to go down. In the...
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