Category: Forex

European stock market experiences positive change
September 27, 2022 BY Steffy Bogdanova

Daily market commentary: Stock indices climb in Europe, following a positive trading session in Asia

That said, the Stoxx-50 index still trades inside its short-term bearish channel, currently close to the upper band, while the RSI indicator may indicate a potential lateral consolidation to come. The overall sentiment remains clearly bearish for riskier assets and investors are likely to stay focused towards macro developments with today’s speeches from Fed chair…

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September 27, 2022 BY Steffy Bogdanova

GCEX hires Marilu Revelli as Director of Marketing

Revelli was previously Digital Marketing consultant with WigWam PR. Prior to that, she was in Marketing for fintech firm Gold-i. In her new role at GCEX, she will develop and implement the firm’s marketing strategy across all regions. This includes the recently announce expansion of GCEX in the MENA region. In July, the company opened…

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September 26, 2022 BY Steffy Bogdanova

MT4 and MT5 trading apps taken down from Apple Store

The popular trading platforms, created by Cyrpus-based fintech software developer MetaQuotes, are still available on the Goolge Playstore. The reasons for the removal of the trading apps from the Apple store are still unknown at the time of writing. There have been speculations that since MetaQuotes has originated in Russia, the apps were taken down…

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LSEG appoints William Vereker to its Board
September 26, 2022 BY Steffy Bogdanova

William Vereker joins LSEG Board

Don Robert, Chair, LSEG, said: I am delighted to welcome William to the Board. William brings a strong track record in the global financial services sector. His international experience in developing senior relationships, managing risk and organisational change will benefit the Group as we look to further capitalise on the trends shaping our industry. Vereker…

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September 26, 2022 BY Steffy Bogdanova

Robert Woolfe joins Emporium Capital as Chief Operations Officer

His has held senior roles at Board level, inclduing CEO positions at regulated brokerages in the UK and EU. During this experience, he has gained perspective of running complex businesses in financial derivatives to a mass retail audience as well as institutional and high net worth clients. Robert Woolfe, Chief Operations Officer MENA at Emporium…

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September 25, 2022 BY Steffy Bogdanova

ATFX Drift Team partners with Middle East Champion Ahmad Daham

Following the launch, the fintech broker revealed its partnership with the Middle East drifting champion Ahmad Daham. He has won 150 podium places and holds a Guinness world record. The official announcement noted that the ATFX drift team has 14 more races left until the end of 2023. Earlier this year, the broker ATFX introduced…

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September 23, 2022 BY Steffy Bogdanova

Capital Index (UK) sees 29% drop in 2021 turnover

The company noted in the official report that 2021 was a challenging year for the company. Capital Index (UK) said: The company has coped well with the operational difficulties associated with the pandemic, but a lack of volatility compared with the previous year cut into expected revenues, and difficult decisions had to be made.

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September 23, 2022 BY Steffy Bogdanova

Daily market commentary: The Japanese yen crosses the 145 level in relation to the dollar, the Bank of Japan intervenes

European Shares Stock markets extended declines on Friday in Europe, alongside Asian shares and US futures, amid fading appetite for risk on a global scale. Benchmarks drifted lower, trading closer and closer to their annual low while Treasury yields continue to climb almost everywhere as investor sentiment is being weighed down by higher borrowing costs,…

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September 22, 2022 BY Steffy Bogdanova

CySEC adds 5 unregulated firms to warning list

The Cypriot watchdog stated: CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Earlier in August, CySEC added six companies to its warning list.

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