May 08, 2017 BY LeapRate Staff
Macron won the French election - so why is the Euro down half a cent?
'Buy the Rumor, Sell the News’ in Euro After Macron Victory.
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May 08, 2017 BY FxPro
EUR/JPY Falls Below Uptrend Line
During the early Monday Asian session, EUR/JPY hit a high of 124.49, last seen on May 12 of 2016, helped by Macron’s victory in the French presidential election. However, it saw a subsequent retracement, due to profit-taking, falling back below the psychological level at 124.00. On the 4-hourly chart, EUR/JPY broke through the near-term major…
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May 08, 2017 BY LeapRate Staff
Managing your Forex IB and Affiliate Partners
With affiliates amd introducing brokers (IBs) such a key element of most Forex brokers' incoming client stream, how can a broker stay at the top of the list of the good ones, which generate plentiful and useful leads? Adinah Brown, content manager at Leverate, explains. Although there are numerous streams for acquiring new clients there…
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May 08, 2017 BY LeapRate Staff
Italy regulator CONSOB issues warning against retail FX broker UP4X
Italian financial regulator CONSOB has issued a warning regarding Retail Forex broker UP4X, owned by Up4X Ltd and operating from website up4x.com. According to CONSOB, UP4X ltd is not authorized to perform investment services and activities in Italy. On the company's website it shows a license from offshore location Vanuatu. The company's main telephone line…
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May 08, 2017 BY LeapRate Staff
GCM Prime 9 months 2016: Revenue £1.5M, Operating Loss £227,000, Client Cash £15M
LeapRate Exclusive… LeapRate has learned via regulatory filings that FCA regulated Forex and CFD brokerage GCM Prime Ltd has grown its business nicely in its first full year of operation. For the nine months ended December 31, 2016, GCM Prime brought in Revenues of £1.5 million, had an operating loss of £227,000, and grew its Client…
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May 08, 2017 BY LeapRate Staff
Retail Forex broker HYCM sees revenues flat in 2016 at £3.1 million, activates Cyprus office
LeapRate Exclusive… LeapRate has learned via regulatory filings that FCA regulated Retail Forex and CFD brokerage HYCM brought in revenues of £3.1 million in 2016, a figure virtually identical to that of 2015. Net profit for the year at HYCM of £362,000 was also about the same as last year. The results include those of HYCM…
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May 08, 2017 BY Saxo Bank
Outlook turns bearish for USDCAD
The short and long-term bias are now bearish after sellers re-emerged on Friday. Here is the outlook and the prime short entry level for Monday. Monthly: We are holding onto the slightly disjointed bearish Gartley formation. The next downside long-term support and an area that has been pivotal is 1.2000 (bearish). Weekly: For the last…
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May 07, 2017 BY LeapRate Staff
Euro set to gap open above EURUSD 1.10 after Macron landslide victory in French Election
Thin liquidity pre-market, but EURUSD up around 30-pips from Friday's close after Macron landslide.
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May 07, 2017 BY LeapRate Staff
Forex Industry Week Review: New CySEC forex licenses, Saxo Bank's Chinese shareholder, broker results, and lots more…
In one of the busiest weeks of the year in Forex Industry News at LeapRate, we had a little (actually, a lot!) of everything - exclusive coverage of new CySEC licenses granted to several forex-related entities, financial results both good and bad from a number of Retail and Institutional FX players, and executive moves at…
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May 06, 2017 BY admin
HKEX plans to offer physically settled RMB and USD gold futures in Q3
Coming soon will be the first of their kind gold futures contracts denominated in CNH and US$ available on the same platform. Hong Kong Exchanges and Clearing Limited (HKEX) plans to introduce physically settled CNH (offshore Renminbi, or RMB) and US dollar (US$) Gold Futures contracts in the third quarter of this year, subject to…
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