Background Trading in USDCAD was volatile on Monday. Initial losses mounted to more than 1 big figure and USDCAD was driven back to its 13 day moving average. But that crucial point proved important as, in line with this week's forecast, fresh buyers were attracted near that point. The resulting resumption of the upside took…
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Market Overview Although there is a degree of consolidation taking over forex markets as traders pause to take stock after yesterday’s huge risk rally, there is still a mild risk positive bias in sentiment. The clear lead for Emmanuel Macron in the first round of voting in the French Presidential election has stoked the fires…
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The Euro-Sterling pair has a great deal of importance amid traders given the political events which are folding. The euro is more than likely to continue its rally against the sterling. The Euro literally crushed the Sterling on the back of the French election outcome. Macron is the leading candidate in the polls and his…
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Ullink, a global provider of electronic trading and connectivity solutions to the financial community, announced that has launched a fully automated post-trade data management solution called UL PUBLISHER, enabling market participants to report transaction data to relevant regulatory authorities, meet upcoming MiFID 2 regulation and create a centralised view of post-trade data across multiple asset…
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FX trading affiliate Investoo Group just announced that has acquired Invezz.com in order to extend its reach into the financial trading industry. Founded in 2012, Invezz is a financial news site and peer review marketplace for CFDs, Forex, Shares and more. The site has more than 200,000 unique visitors per month. The news comes only 1…
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The Board of the Financial Conduct Authority (FCA) announced that has appointed an additional six members to the FCA’s Regulatory Decisions Committee (RDC). The newest members appointed to the RDC are Karen Johnston and Nick Lord. They join Stuart McIntosh, Philip Marsden, Robin Mason and Malcolm Nicholson who were appointed last year. The RDC is…
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ENSO, a NEX Group (LON:NXG) business and portfolio finance and centralized treasury management solution for the buy-side, announced today that it plans to expand the ENSO Broker Vote tool to include MiFID II research consumption, powered by RSRCHXchange, the MiFID II compliant marketplace for institutional research. The expanded tool will provide buy-side institutions with evidence-based…
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We’re pleased to present the following special guest post, courtesy of MAP S.Platis General Manager Demetris Taxitaris.
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SuperCharger FinTech Accelerator, along with main partners, Standard Chartered Bank – also a founding member, and Fidelity International, today announced the successful outcomes of the programme enabling international growth stage companies to expand their operations within Asia. Standard Chartered Bank has initiated Proof of Concept projects with two companies: Robo-advisory for wealth management: Bambu is…
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DAX futures (JUNE 2017 contract is FDXM7, continuation contract is FDXc1) The bulls remain in control today refusing to give back any of yesterday’s huge gains that moved the market into new all time highs. The day after a big run higher is always interesting to see how traders react and so far the signs…
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