The following article was written by FXTM Senior Staff Writer Nikola Grozdanovic. The deadline for Italy submitting its proposed national budget to the European Commission has arrived, and the markets are holding their proverbial breath as the review process gets underway. There have been jitters already, thanks to growing fears of the proposal’s plan to…
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The following article was written by Reem Aboul Hosn, Research and Market Analyst Officer at Credit Financier Invest (CFI) Ltd. The Federal Reserve raised US short-term interest rates for a third time this year and indicated it will drive ahead with plans to tighten policy, even as central bankers face White House pressure for low…
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The following article was written by Jasper Lawler, Senior Market Analyst at FCA regulated broker LCG. After extending gains for a second consecutive week last week, the pound continues to hover around a six-week high versus the dollar. Last week a softening of tone from Brussels over Brexit talks and signs that the EU are…
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The following article was written by Reem Aboul Hosn, Research and Market Analyst Officer at Credit Financier Invest (CFI) Ltd. After three years of asset purchases, negative Interest Rates and cheap loans, the European Central Bank could ease inflation in the euro area back on track. 2019 is the time to gradually slow down those…
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The following article was written by Richard Perona, VP of Institutional Sales at Advanced Markets and Fortex, Inc. Throughout my 18 years in the FX industry, AML (Anti-Money Laundering) / KYC (Know Your Client) training has been an annual requirement at the bank and broker level. Regulators have continually stressed the importance of AML /…
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The following article was written by Matt Smith, CEO of regulatory reporting solutions provider SteelEye. Forex traders had until June 28th this year to become RTS27 compliant for Best Execution under MiFID II and, going forward, firms are required to publish, on a quarterly basis, data relating to the quality of execution in all products…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Today, the US Labor Day holiday, the US stock market is closed for one day. US markets, foreign exchange, metals and energy transactions closed ahead of schedule. Please attention! International rating agencies said last week that they intend to lower the…
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The following article was written by FXTM staff writer Kirsty MacSween. The Long Swim has been swum. Dover’s Shakespeare Beach is more usually the starting point for taking on the challenge of swimming across the English Channel, but on Wednesday, the 29th of August, it instead played host to the triumphant finale of the first…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Federal Reserve Chairman Powell further established the Fed's monetary policy in a speech at the Jackson Hole Global Bank Central Bank's annual meeting on last Friday. However, Powell revealed that the Fed’s monetary policy rate hike conditions must increase inflation rate…
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The following article was written by Jasper Lawler, Senior Market Analyst at FCA regulated broker LCG. Wednesday sees the release of the minutes from the latest FOMC meeting and could serve as a reminder why the dollar is a good buy. Dollar bulls would needs much a reminder as the buck enters its fourth consecutive down…
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