daily market analysis
June 23, 2021 BY Steffy Bogdanova

Daily market commentary: Oil markets continued to edge higher

OIL Oil markets continued to edge higher on Wednesday, boosted by the US Dollar falling once again and correcting its short-term bullish trend started last week. The barrel of light crude oil is now challenging its immediate resistance at $73.20, the last one before the major resistance between $73.90 and $74. As well as the…

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SEC fraud
June 23, 2021 BY Steffy Bogdanova

CEO and ICO issuer charged with unregistered securities offering and fraud by SEC

Kristina Littman, Chief of the SEC Enforcement Division’s Cyber Unit, stated: Loci and its CEO misled investors regarding critical aspects of Loci’s business. Investors in digital asset securities are entitled to truthful information and fulsome disclosures so they can make informed investment decisions. Although Wise and his company have neither admitted to nor denied the…

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MrGuru bitcoin
June 22, 2021 BY PureContent

Analysts Summarize Online Crypto Trading Activity for Q1 of 2021

Creative thinking in times of uncertainty In fact, only those trading brands who were able to offer their clients something extra, can now report a successful Q1. On that matter, MrGuru’s spokesperson commented that “the company has found ways to stay ahead of the game, by not trying what all the other trading brands are…

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Former UBS AM head Christoph Kruecken joins Bedford Row Capital to lead Business Development and Distribution
June 22, 2021 BY Steffy Bogdanova

Equiniti names Andrew Peeler as Chief Financial Officer

John Stier will step down from his current positions are CFO and director, however, he will remain with the business for a period to make sure the handover is smooth. Philip Yea, Chairman, commented: I should like to thank John for his unwavering commitment over his time with the Company, and particularly his support over…

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Fxview establishes subsidiary based in St Vincent & Grenadines
June 22, 2021 BY Steffy Bogdanova

Fxview establishes Subsidiary based in St Vincent & Grenadines

Virk commented: The offshore entity is a key milestone for Fxview. This will allow our existing and new clients to take full advantage of our innovative ecosystem ranging from state-of-the-art platforms & tools, lightning-fast execution, excellent trading conditions and stellar customer support. Fxview is a brand in its own right and is both operated and…

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daily market analysis
June 22, 2021 BY Steffy Bogdanova

Daily market commentary: The US dollar is trading flat

GOLD Gold’s bearish price action since the beginning of the month is slowing down as the price loses more and more directionality. The market is consolidating between $1,770 and $1,800 following last week’s sell-off as investors struggle to get more clarity on the near-term outlook for gold. The bearish pressure is likely to remain as…

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June 22, 2021 BY Steffy Bogdanova

Weekly forex data: BoE to be watched after hawkish Fed

Price seems to have broken through the 61.8% area of the weekly Fibonacci fan with two daily closes in succession above this area. Moving averages still give a sell signal, but the value area between the 100 and 200 SMAs has shrunk considerably. Movement above this area might signal more gains to come for the…

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Whistleblower
June 22, 2021 BY Steffy Bogdanova

Whistleblower receives over $5.3 million from SEC

Emily Pasquinelli, Acting Chief of the SEC’s Office of the Whistleblower, said: These whistleblowers provided critical information that alerted Commission staff of the violations. Their information and continuing assistance played a key role in the successful resolution of the actions. So far, the agency has awarded over $937 million to a total of 178 individuals…

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