Category: Forex

June 13, 2023 BY Steffy Bogdanova

Weekly data: Focus on EURUSD and AUDUSD

EURUSD Euro doesn’t have any significant driving narrative against the US dollar, that’s why it’s likely to observe a reversal after the interest rate publication. The overall dynamics of EURUSD remain to be “technical”, as there’s no clear fundamental narrative is detected. AUDUSD The Australian dollar gained significant momentum after RBA raised the interest rate…

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Market Analysis
June 13, 2023 BY Steffy Bogdanova

Daily Report: GBP/USD Ahead of UK Jobs and US CPI Data

$1.25 Resistance? Out of the H1 timeframe, I see the unit elbowed through $1.25 recently and is poised to retest the lower boundary as resistance. I know some traders will be watching the structure to the left of the price between $1.2427 and $1.2453 to form potential support (blue curve), though trendline support taken from…

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June 12, 2023 BY Alan Sayer

UBS Completes Credit Suisse Deal - Creates Wealth Management Powerhouse

The move by UBS to acquire Credit Suisse represents the most significant banking deal since the 2008 global financial crisis. Ermotti and Kelleher added that there are challenges but also "many opportunities" for employees, shareholders, clients, and Switzerland itself. The newly created banking giant will oversee $5 trillion of assets, meaning UBS will now take…

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Acuity Trading Barcelona
June 09, 2023 BY Alan Sayer

Acuity Trading Announces Joe Neighbour as New Head of Retail

Before joining Acuity, Neighbour was Chief Investment Officer at Signal Centre, a company acquired by Acuity. Andrew Lane, CEO of Acuity Trading, commented: Joe's experience and expertise in retail trading will be invaluable as we continue to grow our business in these sectors. This appointment to Acuity's senior leadership team will ensure a steadfast focus…

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CMC markets
June 09, 2023 BY Alan Sayer

CMC Markets Acquires 33% Stake in Blockchain Business StrikeX Technologies

The companies will link up to combine StrikeX's expertise in tokenisation and self-custody technologies and CMC's extensive experience in financial services. In addition, CMC Markets will gain access to the latest blockchain-related products and services, allowing it to leverage the technology for its customers over the longer term. CMC added that the "arm's length investment"…

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advanced markets x brokeree
June 07, 2023 BY Alan Sayer

Advanced Markets and Brokeree Solutions Team-Up to Enhance Liquidity and Trading Services

Anya Aratovskaya, VP Institutional Sales at Advanced Markets stated: We're excited to partner with Brokeree Solutions to offer our clients enhanced liquidity and trading services." Andrey Kamyshanov, Co-Founder and Managing Partner at Brokeree Solutions, added: We are delighted to partner with Advanced Markets and merge our Prime-of-Prime Liquidity with their innovative Liquidity Bridge. This collaboration…

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June 07, 2023 BY Steffy Bogdanova

Weekly data: Gold and AUDUSD in focus

AUDUSD  The Australian dollar had performed an uptick following the unexpected rise of the interest rate from RBA. This reaction might be temporary, though now Aussie is of the few currencies, gaining higher yields in real-time. Considering the position of AUDUSD at the intermediate-term resistance area, it may pull back as shown on the chart,…

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Match-Prime Liquidity
June 06, 2023 BY Alan Sayer

Match-Prime and SquaredFinancial Announce Long-Term Collaboration Agreement

Stavros Economides, Chief Operating Officer at Match-Prime Liquidity, said: We are delighted to onboard SquaredFinancial, a leading brokerage firm that has established itself in the industry. Match-Prime has a very similar culture to SquaredFinancial, putting its clients needs first." Economides explained that his firm delivers "tailor-made solutions" to help companies such as SquaredFinancial sufficiently adjust…

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