Category: Forex

daily market analysis
June 02, 2021 BY Steffy Bogdanova

Daily market commentary: Europe still lags behind the US

EUROPEAN SHARES  European shares fluctuated after the opening bell, carrying on the trend from Asian markets, amid uncertain market sentiment. While market volatility is slowly decreasing this week, the price movements seem to be increasingly lacking in direction as many investors remain torn between the global economic recovery and inflation concerns. Most traders are now…

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Robinhood Markets Board expands with Jon Rubinstein, Paula Loop and Robert Zoellick
June 02, 2021 BY Steffy Bogdanova

Robinhood Markets Board expands with three new appointments

Rubinstein attended Cornell University where he received bachelor’s and master’s degree in electrical engineering. He also holds a master’s in computer science from Colorado State University. Jon Rubinstein, Robinhood’s new lead director, commented: Robinhood has transformed investing, opening up access to the markets to a generation of investors. I’m delighted to join Robinhood’s Board of…

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FXSpotStream
June 02, 2021 BY Steffy Bogdanova

FXSpotStream reports $994 billion trading volumes in May 2021

FXSpotStream saw $994 billion in total volumes in May, registering a 7.23% decrease compared to April when they surpassed $1 trillion for the third time in the history of the company. The total trading volumes of the company marked an all-time high in March 2020. In March this year, they registered the second-highest ADV in…

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FairX and Tradovate
June 01, 2021 BY Steffy Bogdanova

Tradovate offers commission-free trading on new FairX futures

FairX will launch futures designed for retail traders and offer them opportunities for exposure to the stock market with indexes, correlated to some of the most actively traded instruments. FairX plans to offer products in a simple and accessible way. To make these smaller contracts easier to build and scale in and out of positions…

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June 01, 2021 BY Steffy Bogdanova

Weekly forex data: markets look ahead to the NFP

The golden cross of the 50 SMA over the 100 a fortnight ago came ahead of more gains, although price has now moved clearly into overbought based on the slow stochastic (15, 5, 5). The weekly Fibonacci fan has probably lost relevance now that the medium-term trend is clearly upward, but 61.8% might still limit…

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SGX
June 01, 2021 BY Steffy Bogdanova

SGX names Pol de Win Head of Global Sales and Origination

Loh Boon Chye, Chief Executive Officer of SGX, commented: As we enter a new growth stage, we are pleased to welcome Pol to SGX.  He adds perspective and experience honed from a vast network of relationships with regional issuers, global investors and major exchanges.  With Pol’s leadership, we look forward to broadening and deepening the…

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daily market analysis
June 01, 2021 BY Steffy Bogdanova

Daily market commentary: The euro is gaining ground on the dollar

EUROPEAN SHARES  European markets climbed significantly higher on Tuesday, carrying on the trend from another strong trading session in Asia overnight. Investors seem determined to send stock prices higher on the first day of the month amid a fresh boost to market sentiment provided by solid Chinese macro data as well as optimism about the…

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ASIC
June 01, 2021 BY Steffy Bogdanova

ASIC bans Union Standard director John Martin for 10 years

The Australian watchdog found that Martin was involved Union Standard’s failures to ensure that the financial services covered by its licence were provided efficiently, honestly and fairly. It was also found that Martin affected Union Standard’s failure to ensure TradeFred and EuropeFX complied with financial services laws. ASIC discovered that Martin did not implement or…

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