ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 4, 2020. This is not a trading advice. See details below: FOREX The pound is continuing the trend from yesterday, a day in which the British currency lost more than 1.4% to the US dollar and 1.2% to the euro, with further losses…
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This article was submitted by Michael Stark, market analyst at Exness. The key focus of this week’s economic data for forex markets is Friday’s non-farm payrolls. Crucial employment data is also expected from Canada on Friday and New Zealand tonight. Meanwhile the coronavirus remains in focus for many traders although some degree of calm has…
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FXCM Group, the international provider of online foreign exchange trading, CFD trading, cryptocurrencies and related services, announced that it has teamed up with Income Access, Paysafe Group’s marketing technology and services provider, for the upcoming launch of its global affiliate and partner programme. The launch of its affiliate and partner programme on the Income Access…
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The following article was written by Jonathan Jackson. Late in 2019, the Australian Competition and Consumer Commission (ACCC) has confirmed that domestic wholesale gas prices have risen two to three times higher than historical prices. This has put many trade-exposed Australian manufacturers under extreme pressure. There is also continuing uncertainty about the longer-term supply outlook.…
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LeapRate Interview... Forex and CFD online trading platform Skilling announced last week that it has joined forces with Spotware’s cTrader to launch the industry’s first seamless integration. Skilling's clients can now trade across two different trading platforms inside a single Skilling account without the need to fund two different wallets or manage two trading accounts…
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The following article was written by Alejandro Zambrano, Chief Market Strategist at ATFX UK. Cryptocurrency markets have enjoyed an excellent start to the year, and from the December low, the market value of the 5075 cryptocurrencies tracked by Coinmarketcap has risen from 166 billion dollars to 250 billion. Bitcoin, BTCUSD, makes up about 65% of…
Read moreAs of Friday evening, last week, Britain is finally out of the European Union, ending 47 years of membership. Some say that the time of uncertainty is over but the future poses even more questions. Officially, the end of January marked Brexit but it will not actually “kick in” until the end of 2020. There…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 3, 2020. On the first day back trading after the extended Lunar New Year holiday, investors fled Chinese stocks en masse. The Shanghai composite was down almost 8%, thousands of stocks hit their 10% daily limit…
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Singapore-based broker Straits Financial Services Pte. Ltd. just announced that is now providing prime-of-prime (PoP) brokerage services to Spotex, a developer of modular, technology systems for foreign exchange brokers and institutional ECN operator. The partnership enables clients to access institutional FX liquidity via Straits Financial and provides a gateway for brokers to deploy Spotex’s modular…
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The Bank for International Settlements (BIS) Market Committee has encouraged more participants in the foreign market exchange (FX) market to take up the FX Global Code of Conduct. The code was launched 2017 as a voluntary set of good market practices, today its turnover is more than &6.6 trillion a day. Its scope covers ethics,…
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