Invast Global appoints Stephen Tudjman as Global Head of Legal and Compliance LeapRate

October 17, 2022 BY Steffy Bogdanova

Invast Global appoints Stephen Tudjman as Global Head of Legal and Compliance

Stephen Tudjman commented: I’m thrilled about the opportunity to join Invast Global and to work alongside a passionate and experienced team in an award-winning business that focuses on providing innovative client offerings. Gavin White, CEO of Invast Global added: Stephen’s wealth of experience, including over two decades at Ashurst, one of the most respected financial…

October 14, 2022 BY Steffy Bogdanova

CySEC and General Capital Brokers reach a €120K settlement

According to the CySEC website, GCB operates the following approved domains: www.gcb.com.cy and www.t1markets.com. GCB and CySEC have reached a settlement for the amount of €120.000, the official announcement stated. The commission noted that the decision was reached on 19 September 2022. Earlier in October, CySEC revealed that it has decided to withdraw the CIF…

October 14, 2022 BY Steffy Bogdanova

FOREX.com announces offering automated trading strategies with Capitalise.ai

The interface "wizard" Capitalise.ai allows traders with FOREX.com trading accounts to create trading strategies or alerts, automatically executable with no-code through free-style English text input tool. The automated trading plans can feature up to hundreds of entry or exit conditions. Capitalise.ai algorithm trading relies on artificial intelligence and machine and is available to all traders,…

October 13, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar is trading flat with investors focused on the release of US inflation data

On the other hand, should US inflation surprise to the upside, the Federal Reserve will be unlikely to deviate from its current path of hiking rates and reducing the balance sheet, in which case further dollar gains can be expected. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do…

October 13, 2022 BY Steffy Bogdanova

NAGA Group secures Seychelles license, plans to launch crypto trading platform in Brazil

Crypto investments The German-headquartered company ventured into the crypto industry with its crypto exchange launched in the beginning of the year, NAGAX. NAGA Group’s crypto arm has signed a letter of intent with FOSUN group-owned Brazilian digital asset management platform, Guide Investimentos, to launch a joint venture. The two companies are planning to offer a…

October 12, 2022 BY Steffy Bogdanova

Daily market commentary: The pound claims back some of its losses

The UK government’s plans for an unfunded fiscal expansion is seen by most as an unorthodox and risky move. Therefore, it is likely to continue to cast a shadow over the country’s economic stability, keeping the pound under pressure. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not…

October 11, 2022 BY Steffy Bogdanova

Weekly data: British GDP and balance of trade ahead of US CPI

TA would traditionally suggest an ongoing movement lower with there being no overbought signals from either the slow stochastic or Bollinger Bands and a fairly clear rejection around $1.15. The medium-term target might be 27 September’s closing low slightly above $1.07. However, the liveliness and duration of the dollar’s uptrend so far this year might…

October 11, 2022 BY Steffy Bogdanova

DIGITEC introduces web-based FX pricing engine

D3 Lite provides key features to automate and enhance pricing and distribution through an intuitive GUI, together with additional auditing functionality. Peer Joost, CEO of DIGITEC, commented: We are already witnessing the Swap market’s rapid growth and continued evolution to a more automated and electronic market. A trend that will continue over the next few…

October 11, 2022 BY Steffy Bogdanova

Daily market commentary: The British pound is losing ground to both the dollar and the euro

The sell-off in gilts is driving the UK’s borrowing costs up and weighing heavily on the pound. As there is no end in view for this dynamic, the pound is likely to accumulate more losses to the dollar and the euro. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and…

October 11, 2022 BY Steffy Bogdanova

M4Markets secures CySEC licence

M4Markets Group CEO, Mr. Panikos Teklos, commented that: M4Markets has grown significantly over the past two years and strategically it was the logical next step for us to penetrate the European market as a lot of the European traders are experienced and as passionate about trading as we are. We are committed to maintaining the…

Category: Forex