Category: Forex

Forex Weekly Look Back
February 05, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: FXCM Group expands its Stock Basket offering, Exness named Damian Bunce its new Chief Trading Officer

Digital asset exchange Gate.io announced that it is the first major centralized exchange to list SNOW. according to a famous crypto trader, Elliot Wainman, SNOW could grow at least 1000%. On February 2, it reached an all-time high of $146.87. SnowSwap is a decentralized exchange which allows its users to swap wrapped, yield-bearing tokens with minimal…

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daily market analysis
February 04, 2021 BY Steffy Bogdanova

Daily market commentary: the US dollar continues to gain ground

GOLD Gold is extending its loss in the general risk on scenario with investors betting on riskier assets, trying to achieve quicker gains. Moreover, the US Dollar is continuing to recover, and this is causing the bullion price to decline. Growing expectations about a relatively quick end to the pandemic are raising hopes on the…

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CFI Financial group reduces spreads by up to 31% on various instruments
February 04, 2021 BY Steffy Bogdanova

CFI adds new markets to its offering

Additionally, CFI announced earlier in January 2021, the reduction of spreads up to 31% across various instruments with some products now reaching zero. Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury commented: Expanding the range and number of products we offer means our clients have access to an ever increasing…

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Integral volumes report
February 03, 2021 BY Steffy Bogdanova

Integral reports $45.8 billion ADV in January

The broker’s ADV represents volumes traded across the group’s entire liquidity network, including TrueFX and Integral OCX, in aggregate. Integral’s global trading network provides services for FX market participants, including banks, brokers, asset managers, and hedge funds. Earlier in January, Integral announced extending its decade-long partnership with IS Investment, Turkey’s largest investment bank.

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FXCM
February 03, 2021 BY Steffy Bogdanova

FXCM adds seven new baskets to Stock Baskets offering

FXCM’s Stock Basket products combine the shares of different companies from one sector into a one tradeable instrument. This allows customers to speculate on sectors as a whole rather than having to depend on the performance of a single company. For example, the ‘Work From Home’ basket includes the companies that have become front and…

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