Category: Forex

Collaboration
June 29, 2020 BY Steffy Bogdanova

Refinitiv data solution to power FxPro trading platform

Charalambos Psimolophitis, Chief Executive Officer, FxPro, commented: The adoption of Refinitiv’s solutions comes in line with our strategic vision to expand our online trading offering. As we prepare to launch a digital wealth management platform, we see great value in offering our clients sound real-time trading capabilities, top quality news, financial analytics, and emerging corporate…

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daily market analysis
June 29, 2020 BY Valentina Kirilova

Daily market commentary: The gold price is slowing down

EUROPEAN SHARES  European equities surprisingly opened higher following drops in Asian shares overnight where last week’s global risk-off sentiment continues. Bull traders managed to take control of European markets at the opening bell after China, EU’s second largest trading partner, published much-improved industrial production figures for May. However, this initial spike is likely to be…

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June 26, 2020 BY Steffy Bogdanova

BNY Mellon releases data and analytics solutions offerings and partners with Microsoft

The new offerings include: A cloud-based data and analytics platform Data Vault which supports the rapid onboarding of data to provide more flexibility and advance client innovation and discovery. Through combination of Data Vault with a scalable, machine-learning approach to data quality, users can more interact with data faster to gain actionable insights. The Distribution…

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June 26, 2020 BY Steffy Bogdanova

Panxora joins Koine’s digital post-trade ecosystem

Panxora’s AI models adapt to the manner cryptocurrency markets operate. They take advantage of upward trends and act quickly to limit losses when markets decline sharply in value. Hugh Hughes, CEO and Chairman at Koine, said: From Koine’s inception, our main focus was the protection of digital assets, which is why we’re working with independent…

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Forex Weekly Look Back
June 26, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Andrey Dashin launches Exinity Group, ActivTrades expects record revenues in H1 2020

The Italian Banking Association (ABI) has shown its willingness to support a digital currency from the European Central Bank. The ABI has approved official guidelines for governing a Central Bank Digital Currency (CBDC). The Executive Committee of the ABI has agreed on ten fundamental criteria to issue the digital euro. London Stock Exchange Group (LSEG) announced…

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daily market analysis
June 26, 2020 BY Valentina Kirilova

Daily market commentary: The dollar index remains stable

EUROPEAN SHARES European shares opened without clear direction on Friday as market sentiment remains mixed for the end of the week. Despite a strong optimistic tone registered in June, investors’ risk appetite is now tempered by a renewed momentum in daily virus cases in many areas, as well as rising trade tensions between Washington and…

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