Category: Forex

daily market analysis
February 23, 2021 BY Steffy Bogdanova

Daily market commentary: The “wait and see” trading stance continues

EUROPEAN SHARES  European equities opened mixed on Tuesday, with French and Italian shares trading slightly higher while benchmarks from Germany, Denmark and the Netherlands underperformed. The “wait and see” trading stance continues in investors’ minds ahead of key data from both Europe and the US today with inflation levels at the centre of every economic…

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IG Group
February 23, 2021 BY Steffy Bogdanova

IG Group prevents new margin trades on small cap-stocks

Service disruptions during a short period of frantic trading have been attributed to Reddit users, particularly its WallStreetBets group, who are said to have inflated the price of GameStop stocks in order to punish the hedge fund’s betting against it. This phenomenon saw IG Group and other brokers having to suspend new client registrations, while…

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February 23, 2021 BY Steffy Bogdanova

Weekly forex data: stimulus still in view

The obvious pivot point on this chart is the 100% weekly Fibonacci retracement area, i.e. complete retracement of all the euro’s gains in March 2020. A clear breakout below $1.655 might trigger another leg down over the next few weeks. On the other hand, with price having been generally oversold or close to it for…

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Macrobond Financial names Howard Rees Chief Commercial Officernames Howard Rees Chief Commercial Officer
February 23, 2021 BY Steffy Bogdanova

Macrobond Financial names Howard Rees Chief Commercial Officer

Rees added: I look forward to working alongside our talented global team, continuing to add value to our existing customers, as well as expanding our footprint across our growing market. The new capabilities that we are releasing this year represent a revolution in the way that firms can work with macroeconomic data and I am…

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FXCubic
February 22, 2021 BY Steffy Bogdanova

Richard Bartlett joins FXCubic as Head of Sales

Richard Bartlett commented on joining the team at FXCubic: The decision to join FXCubic was a natural one. After fully understanding the scope and strength of their technology offering, it was quickly apparent why the firm is gaining market share rapidly. They have built smart technology that includes innovative tools that are easy to understand…

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Brokeree Solutions introduces MetaTrader maintenance services to its offering
February 22, 2021 BY Steffy Bogdanova

Brokeree Solutions adds MetaTrader maintenance services to its offering

There are several services that are designed to optimize brokerages’ internal processes. For example, Brokeree team will conduct a weekly audit MetaTrader server logs to identify potential issues and consult brokers on prevention practices. Brokeree specialists will also archive transaction history for a specified period to ensure that brokers save all the important information while…

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ThinkMarkets to offer trading services in Japan
February 22, 2021 BY Steffy Bogdanova

ThinkMarkets licensed to enter Japanese FX Market

Nauman Anees, CEO of ThinkMarkets, said: Tokyo is one of the world’s largest foreign exchange trading hubs, so the expansion of our brokerage services offering with the addition of FX in Japan is an exciting milestone for us as we continue our global expansion. Since acquiring mobile app provider Trade Interceptor back in 2017, ThinkMarkets…

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LMAX Group
February 22, 2021 BY Steffy Bogdanova

LMAX Exchange names Christian Skovgaard Larsen Liquidity Manager

Before LMAX, Larsen worked at Sociate Generale for nine years. He joined the bank in 2009 as Director of Foreign Exchange Trader. Prior to this appointment, the was Vice President at Dresdner Kleinwort, the investment banking unit of German bank Dresdner. There he was responsible for market-making with G10 currencies. He also spent five years…

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