ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 11, 2019. See details below: FOREX The US Dollar is under pressure, following Jerome Powell’s testimony to the congress, which started yesterday. The Chairman of the Fed said, in a pre-written statement, that there are challenges to the growth of…
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The Global Foreign Exchange Committee (GFXC) has released further detail from its 22-23 May meeting in Tokyo, Japan. During the meeting the committee discussed its mandate to consider the case for a comprehensive review of the FX Global Code at least every three years. The GFXC announced that Neill Penney, managing director and co-head of…
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Innovative FinTech company Gold-i just announced that it has added three new senior developers to its team. The company intends to accelerate its expansion to new markets and in particular its product roadmap, with a focus on expanding the functionality of its multi-asset liquidity management platform, Matrix. The new developers, each with over 20 years’…
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UK financial regulator Financial Conduct Authority (FCA) have issued their latest warnings against several unregulated financial services providers and clone firms targeting UK consumers. The FCA’s latest warnings are against the companies: Rapid Cash Loans (clone of FCA authorised firm) Telephone: 03335671204; 03335671078; 03333034467; 03335671304; 02032895691 Email: [email protected]; [email protected]; [email protected]; [email protected] Payment Solutions Group (clone…
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Bitcoin just keeps chugging along, continuing its five-month intermittent surge routine, having blasted off from its $3,130 launch pad in December and now currently toying with $13,000. In the not too distant past, when Bitcoin took a breather from its “surge routine”, its altcoin brethren had a habit of surging, as well, benefiting from a…
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Visa continues to be a leader in the the blockchain and crypto spaces. This time, Visa is betting on the digital asset custodian company Anchorage, which is a fellow in Facebook's Libra Association. Andreessen Horowitz are also partnering on the $40 million funding round. According to TechCrunch, Anchorage is a revolutionary custodian solution, as it…
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d1g1t Inc., the first provider of an enterprise wealth management platform powered by institutional-grade analytics and risk management tools, has just announced that it has received an additional CAD$3 million in strategic financing from Illuminate Financial Management as an extension of their Series A round bringing the total raised to over CAD$12 million. The funding…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 10, 2019. The text below is an excerpt and does not contain the full analysis. Never before has a strong economy ever presented such a serious problem for a central bank. The US jobs…
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Investment services provider RoboMarkets has just announced that it has become the title sponsor of the women’s volleyball team AEL (Limassol). The team that participates in women's volleyball league of Cyprus will bear the name “RoboMarkets AEL”. In addition to that, the broker’s logo will be placed on the team’s sport outfit. The team was founded…
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Montreal-based payment technology company Nuvei has just confirmed that the UK's Financial Conduct Authority has approved the proposed change in control of SafeCharge Financial Services Limited and, as such, the relevant condition to the Acquisition has now been satisfied. LeapRate reminds that back in May 2019 Nuvei announced an all cash offer to acquire the…
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