Category: Forex

Daily Market Commentary
December 01, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar index loses over 5% in November

European Shares European markets continued to climb on Thursday, extending gains registered by Asian shares overnight, as investors continue to cheer on major narrative changes. Risk appetite stays on the rise this week after investors witnessed Fed chairman Jerome Powell confirm a slowdown in further rate hikes, and stating an economic “soft landing” was becoming…

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Cboe
December 01, 2022 BY Steffy Bogdanova

Cboe FX Markets' November trading volume up 18.6% YoY

The platform registered average daily volume (ADV) of $41,876 during last month. The numbers rose almost 2% since the previous month, when it was $42,690. Compared to November 2021, the ADV went up by 18.6%. The monthly trading numbers were based on 22 trading days in November, compared to 21 in October.

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November 30, 2022 BY Steffy Bogdanova

Broadridge appoints Jim Kwiatkowski as CEO of LTX

Vijay Mayadas, President of Capital Markets at Broadridge, said Jim Kwiatkowski is a proven leader with the right expertise to scale the LTX platform and drive it forward. Jim Toffey’s entrepreneurial vision has been instrumental in establishing LTX as a differentiated platform that enables dealers and their buy-side customers to connect and trade more efficiently.…

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Equinix enters Malaysian market with $40 million initial investment
November 30, 2022 BY Steffy Bogdanova

Equinix enters the Malaysian market with plans to build a new data centre

Jeremy Deutsch, President, Asia-Pacific, Equinix, commented: Establishing a presence in Johor strengthens Equinix's leadership position in Asia-Pacific within a strategic market such as Malaysia, one of the most requested markets in Asia-Pacific by our global customers. I would like to express our gratitude to the Digital Investment Office (DIO), Invest Johor, and Tenaga Nasional Berhad (TNB) for…

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November 30, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar is edging down

Traders will also be paying close attention to Jerome Powell’s speech later this Wednesday, which could provide clues over the pace of rate hiking by the Fed. Ricardo Evangelista – Senior Analyst, ActivTrades Brent oil prices rebounded during early Tuesday trading, gaining more than 4%, read more... Disclaimer: opinions are personal to the authors and…

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Royal Bank of Canada RBC
November 29, 2022 BY Steffy Bogdanova

HSBC sells its Canadian business to RBC for $10.1 billion

Based on the financial data as of 30 September 2022, the deal will provide HSBC Group with a pre-tax gain of $5.7 billion. HSBC Canada’s assets are valued at $94.6 billion. The company has 130 branches and 4,2200 employees. Noel Quinn, the CEO of HSBC Group, commented: I am pleased that we have reached an…

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November 29, 2022 BY Steffy Bogdanova

Quantfury launches fractional trading mode for stocks, ETFs and commodities

Daniel Muvdi, Quantfury’s Head of Markets, said: Quantfury is advancing its unmatched trading and investing conditions further by making it even more affordable to Quantfurians out there. Fractional trading mode opens up more trading opportunities to the Quantfury global audience of more than 400,000 Quantfurians. Quantfury highlighted that its fractional trading mode is available on…

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Exness to sponsor Affiliate World Asia 2022
November 29, 2022 BY Steffy Bogdanova

Exness becomes gold sponsor of Affiliate World Asia 2022

According to the official announcement shared with LeapRate, as a gold sponsor, Exness will have a dedicated booth at a privileged location at Affiliate World Asia. Representatives of the borker’s affiliate team will present its affiliate programme at the event’s marketplace, engaging existing and potential partners in discussions about current and future business opportunities. Sergey…

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November 29, 2022 BY Steffy Bogdanova

Daily market commentary: Brent oil prices rebound

The prospect of a return to normality, in an economy that is the world’s largest oil importer, was enough to make oil prices jump, in the first significant price rebound of the last two weeks. Ricardo Evangelista – Senior Analyst, ActivTrades Stocks traded mixed but with less volatility in Europe on Friday, read more... Disclaimer:…

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November 29, 2022 BY Steffy Bogdanova

Weekly data: Action on the US Dollar and Oil ahead of US NFP release

From the technical analysis perspective the price is currently trading around the $1.04800 price area above the 23.6% of the fibonacci retracement level. The US NFP release  is expected to affect the fiber chart with the market expecting a decreased , yet positive, figure.  This publication will most probably create volatility and might possibly give…

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