Category: Forex

Saxo Bank
February 10, 2023 BY Steffy Bogdanova

Saxo Bank’s FX volume falls 5% MoM in January

The average daily volume (ADV) in forex instruments stood at $5.2 billion. The figure was the same as last year’s and fell 5.5% on monthly basis. The brokerage firm reported that demand in Equities also fell. The volume in January was $219.7 billion, falling 14% compared to December. On yearly basis, the asset class dropped…

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February 09, 2023 BY Steffy Bogdanova

CySEC withdraws CIF licence of F1Markets

F1Markets states the following on its website: We regret to inform you that our Company has decided to renounce its authorization and therefore please be aware that as of 20th of June 2022, F1Markets Ltd, operating under the domains www.investous.com/eu and www.f1markets.com will no longer be able to offer its investments and ancillary services to…

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February 09, 2023 BY Steffy Bogdanova

Market Analysis: Coca-Cola’s image before earnings report, Cisco’s strength to be challenged coming into the new year

Cisco’s strength to be challenged coming into the new year Cisco Systems, Inc.  (symbol ‘CSCO’) made somewhat consistent profits throughout the last quarter of 2022 with some sideway movement on the share price in the last month and a half. The company’s earnings report for the fiscal quarter ending December 2022 is set to be…

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February 09, 2023 BY Steffy Bogdanova

XS.com hires Stephanie Michael as Global Head of HR

Mohamad Ibrahim, Group Chief Executive Officer (CEO) at XS.com commented: We are thrilled to welcome Stephanie Michael as our new Head of HR to the team. Her expertise and passion for human resources will be a valuable asset to the group as we continue to grow and evolve at a rapid pace. I am confident…

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Robinhood
February 09, 2023 BY Steffy Bogdanova

Robinhood Q4 2022 net loss falls to $166 million

Monthly Active Users in the final three months of the year decreased by 0.8 million to 11.4 million, as customers continued to navigate the volatile market. Full year results Robinhood reported that net revenues for the full year 2022 came in at $1.36 billion. The figure registered a 25% decrease compared to the previous year’s $1.82…

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February 08, 2023 BY Steffy Bogdanova

Technical Market Outlook and Review: Although the price of gold is higher this week, momentum has been sluggish

XAU/USD (Gold) Although the price of gold is higher this week, momentum has been sluggish, consequently establishing a potential bearish flag pattern on the daily chart between $1,881 and $1,862. Rupturing the lower boundary, the said pattern not only permits chart pattern traders to project the pattern’s profit objective, it also exposes the 50-day simple…

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