Category: Forex

Brendan Foxen appointed as chief technology officer of CMC Markets
July 13, 2020 BY Steffy Bogdanova

Brendan Foxen joins CMC Markets as chief technology officer

Previously, Foxen served as a CTO at digital transformation consultancy Contino for two years after he worked as VP of Engineering for eight months. While Foxen was at Contino, the company saw an expansion from 16 employees to 400. Brendan Foxen, Chief Technology Officer stated: I am excited to be joining CMC Markets at this…

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July 13, 2020 BY Valentina Kirilova

Weekly data preview: BoC and ECB in view

The unusually large amount of releases affecting GBPAUD this week means that traders should prepare for the possibility of significantly higher volatility. Short-term opportunities in both directions look likely ahead of the crucial Australian job data and claimant count change on Thursday. Key data this week Bold indicates the most important releases for this symbol.…

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FMA warning
July 13, 2020 BY Steffy Bogdanova

Forex Insiders and World Markets appear on FMA warning list

The New Zealand watchdog found that Forex Insiders appears to be offering unrealistically high and guaranteed returns. The company is also not a registered as financial service provider in New Zealand. FMA also discovered that World Markets is not a registered financial service provider in New Zealand. FMA provided details of the bank account used by World…

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SquaredFinancial releases new partnership programme
July 13, 2020 BY Steffy Bogdanova

SquaredFinancial releases new partnership programme to introduce traders to its services and products

The SquaredPartner programme supports introducing brokers and allows them to assemble and grow their business. They also have the ability to expand their revenues through offering the Squared range of products and services. Through the programme, partners get a personal account manager assigned to them, customised terms and conditions and flexible pay out options. Earler…

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daily market analysis
July 13, 2020 BY Valentina Kirilova

Daily market commentary: The Stoxx-50 Index continues to trade well

EUROPEAN SHARES  European shares opened significantly higher at the start of a busy week, following a clearly bullish Asian trading session overnight. While new coronavirus cases continued to grow significantly over the weekend, with lockdowns even coming back in certain hotspots, investors’ focus is targeted towards the opening of earnings season this week. The optimistic…

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daily market analysis
July 10, 2020 BY Valentina Kirilova

Daily market commentary: What can we expect from the oil price?

EUROPEAN SHARES  Stocks slid lower on Friday in Europe, extending yesterday’s losses and following the bearish trend overnight in Asia, as risk appetite fades across the globe. Despite a positive start to the week, record increases in the number of infections and deaths in several countries (California, Florida, Mexico, BRIC countries etc…) has brought some…

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