Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 17, 2019. The text below is an excerpt and does not contain the full analysis. Today's Highlights Trade war continues Consensus is In Bitcoin Chart Traditional Markets Stocks are seeing a bit of a…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 17, 2019. EURUSD The Euro slumped against the greenbacks on Thursday, and reached a weekly low at 1.1165, although it has attempted a recovery earlier this week. The tension around trade war between China and US…
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Spotware has just announced it has teamed up with the forex broker consulting firm VP Business Solutions (VPBS). VPBS is based in Hong Kong and offers innovative technology and outsourcing solutions for FX brokerages for East Asia. As a part of the partnership with Spotware, VPBS has added to its list of services Spotware’s premium Forex…
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The UK Financial Conduct Authority (FCA) has put out details of several clone firms today. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for May 17, 2019. See details below: Gold The gold recovery has lost steam in the last few sessions and the metal is declining again below $1,300. Bullion prices had broken the bearish trendline that had marked the last few months but…
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Retail forex broker FXCM Group, LLC today announced that it has expanded its cryptocurrency offering with the addition of Bitcoin Cash (BCH/USD) and Ripple (XRP/USD). After successfully launching crypto CFDs in 2018, FXCM has seen its retail clients continue to add cryptocurrencies to their portfolios. Having launched three other cryptocurrencies (Bitcoin, Ethereum, Litecoin) in the past…
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LeapRate Exclusive... The Federal Open Market Committee (FOMC) is a branch of the Federal Reserve that is responsible for discussing and establishing US monetary policy. They meet eight times a year (although they can meet more frequently if needed) to debate any necessary policy changes. Most traders mark these dates on their economic calendars due…
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Clearstream, the post-trade services provider of Deutsche Börse Group, announced that it has reached an agreement with National Australia Bank Limited (NAB) to acquire its Sydney-based specialist managed funds services business Ausmaq Limited. The deal is expected to be finalized in H2 2019 and Ausmaq will become a 100% subsidiary of Clearstream. Clearstream continues its…
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Moscow Exchange (MOEX)’s Supervisory Board has just confirmed that Yury Denisov is the new Chief Executive Officer of Moscow Exchange, effective immediately. Former CEO Alexander Afanasiev announced that he will step down from his role as Chief Executive Officer back in April 2019. Yury Denisov has been already recommended by the Board as CEO, pending…
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The Crypto-verse is multi-faceted, with several moving parts and just as many active participants in the current Bitcoin phenomenon. Yes, BTC is not the only token that has been rising quickly, but when you take into account that Bitcoin’s share of the market has risen from 50.5% in March to 56.1% at current prices, you…
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