The following article was written by Alejandro Zambrano, Chief Market Strategist, ATFX. The dollar index, DXY, had a great start to the new decade, as the currency turned higher from December 31, 2019, and never looked back until February 20. At one point the USD was up by 3.67%, and against the Euro, the dollar…
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LeapRate exclusive... The Exness Group just broke another volume record last month. The company announced that its trading volume for February is US$473.8 billion, up 13% MoM. LeapRate reminds that January was reported to be the highest month in volumes, since the company's creation back in 2008. Here's what Maria Federova, COO of Exness, commented…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 4, 2020. This is not a trading advice. See details below: FOREX Yesterday the dollar lost more than 1% to the Japanese yen, reflecting the Fed’s emergency rate cut of half a point, as well as a flight to safety with investors seeking…
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Forex trading platform OANDA, announced yesterday the strengthening of its partnership with Dublin-based FinTech firm Chasing Returns. OANDA’s platforms will be able to offer now expanded suite of capabilities, utilizing behavioural science research to help improve trading performance. The collaboration expands on the already integrated in 2018 Chasing Returns’ risk management technology into OANDA’s trading…
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Australia’s central bank has announced today that it has cut its benchmark interest rate by a quarter of a percentage point to a record low of 0.5%. Nonetheless, the new coronavirus continues to drive markets, with Asian stocks in retreat overnight. Ahead of an expected move by the Fed, the RBA has acted to shore…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 3, 2020. Analysts’ hopes that the Federal Reserve will step in with interest rate cuts and stabilise markets sent shares soaring yesterday, with the Dow Jones Industrial Average jumping 5.1% to deliver its best day since…
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Refinitiv, provider of global financial markets data and infrastructure, announced yesterday the acquisition of Scivantage, a Software as a Service (SaaS) developer in the fintech market. Refinitiv has been committed to wealth management industry and the acquisition is a step towards creation of next-generation digital solution, providing data and technology to drive user engagement. Refinitiv’s…
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IG Group has just announced that Joanna Nayler has taken up her newly created position as Chief Legal and Governance Officer, with management responsibility for the company’s Legal, Company Secretarial and Internal Audit functions. Nayler will be based in London and will report directly to June Felix, CEO, IG Group. A key focus of the…
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The international broker AvaTrade has just announced that it has added MetaTrader 5 (MT5) trading platform to its range of global platforms. The company has recently launched the MT5 platform in Japan. The company is regulated across nine jurisdictions. MT5 offers an almost unlimited number of shares, bonds, options and futures, compared to MetaTrader 4's traditional…
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Plus500, international Contracts for Difference (CFDs) provider, announced its latest volume of purchased shares on 28 February as part of its buyback programme announced on 12th February. The purchases are done through Credit Suisse Securities (Europe) Limited. Aggregate number of ordinary shares of ILS 0.01 each purchased: 33,400 Lowest price paid per share (GBp): 881.40…
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