Category: Forex

daily market analysis
January 13, 2021 BY Steffy Bogdanova

Daily market commentary: The pound is recording gains versus the dollar and the euro

EUROPEAN SHARES  European shares fluctuated on Wednesday, following a mixed trading session in Asia where Chinese stocks slid lower while Tokyo outperformed. Even if the Fed tried to reassure investors yesterday by providing them with a harmonized dovish reaction from all governors, the lack of market directionality today reflects the uncertain market sentiment. Market volatility…

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new appointment
January 12, 2021 BY Steffy Bogdanova

Former CFH CEO Marc Levin joins United Fintech

Marc Levin added: I am delighted to be working with Christian again – he always challenges me and encourages me to ‘think big.’ I am hugely motivated by the opportunity to facilitate banks and financial institutions in their transition to a digital world, accelerating their implementation of innovative software for capital markets. Levin continued I…

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January 11, 2021 BY Steffy Bogdanova

Weekly forex data: inflation in view

From a technical perspective, support around $1.35 has yet to be clearly broken. Despite the recent movement below both the 50 and 100 SMAs, selling volume remains low this week so far and we now have clear oversold signals from both the slow stochastic (15, 5, 5) and Bollinger Bands (50, 0, 2). Both of…

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Acquisition
January 11, 2021 BY Steffy Bogdanova

IHS Markit acquires compliance technology provider Cappitech

Pierre Khemdoudi, Managing Director, Global Equities at IHS Markit said: Regulatory reporting demands will continue to grow rapidly around the globe and customers are looking for a reliable, frictionless and cost-effective way to comply with requirements across jurisdictions. Cappitech’s platform complements our existing offering, enabling us to provide the most comprehensive and scalable integrated financial…

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