Category: Forex

NAGA Group
May 20, 2022 BY Steffy Bogdanova

NAGA Group sees €7 million in revenue in April

The gains in the April trading update follows a strong first quarter for the Group. LeapRate reported last month the financial results of NAGA, reporting a 63% jump in revenue in Q1. The company also noted that its NAGAX NFT platform and its blockchain NXNFT are now live. Bilski said: This year, we are experiencing…

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May 18, 2022 BY Steffy Bogdanova

cTrader releases a new Manager’s API for Brokers

Additionally, with this tool, brokers can more easily build applications (even trading terminal), compared to the usage of the Open API. The new Manager’s API can now take the place of Webservices API and allow broker to implement more logics inside their CRM. Manipulation with manager's API is based on the manager's permissions which are…

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Weekly data: Oil and Gold price action before the NFP
May 18, 2022 BY Steffy Bogdanova

Daily market commentary: Gold prices hedged down, remaining under pressure from an increasingly hawkish Federal Reserve

European Shares Stocks were little changed in Europe on Wednesday - despite Asian shares extending yesterday’s gains by closing in the green overnight - as market operators brace for a busy day. Most EU benchmarks trade towards their opening price, with utilities paring losses from the real estate sector, marking a pause in the current…

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May 18, 2022 BY Steffy Bogdanova

Weekly data: inflation around the world

There seems to be limited demand for now to push above the main resistance, the 100 SMA, but a breakout above here could see a test of the 200 SMA and the 61.8% area of the weekly Fibonacci fan. ATR’s large rise since the end of March, from about R0.2 to nearly R0.5, would traditionally…

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Reduced retail sales curbs the pound
May 17, 2022 BY Steffy Bogdanova

Daily market commentary: The pound continues to climb back from the multi-year lows it touched last week

European Shares Shares continued to climb higher in Europe on Tuesday, alongside US Futures and Asian stocks, as “risk-on mood” grows everywhere. Investors’ appetite for riskier assets is on the rise after many welcomed today’s positive unemployment and GDP figures from France, Finland, and the UK. In addition, the improving virus situation in China is…

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