Forex Weekly Look Back: Oil prices turn negative for the first time in history, Plus500’s CEO steps down LeapRate

April 24, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Oil prices turn negative for the first time in history, Plus500's CEO steps down

Australian brokerage firm Synergy FX, acquired by ACY Securities in 2018, was revived as Synergy Markets, lead by its founder Christian Dove. Synergy Markets opened for clients earlier this week and based on Synergy FX’s good standing in the industry, the rebranded version is expected to do well in the market. FX veteran Christian Dove, who ran the…

February 18, 2020 BY Valentina Kirilova

Daily market commentary: Sterling shows weakness

ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 18, 2020. This is not a trading advice. See details below: FOREX The pound has lost more than 0.5% to the euro since the opening of yesterday’s trading session. Sterling’s weakness occurs as a reaction to declarations by David Frost, a leading British…

December 24, 2019 BY Valentina Kirilova

Daily market commentary: The Pound’s losing streak continues

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 24, 2019. This is not a trading advice. See details below: FOREX The Pound’s losing streak continues, for the 8th consecutive session, as the market’s post-election hopes turn into apprehension. Many investors supported Sterling in the immediate aftermath of the…

December 18, 2019 BY Valentina Kirilova

Brexit and weak Pound have raised holiday costs, but do shoppers care?

Much has been written about the consequences of Brexit and the possibility of a “no deal” divorce from the EU. Financial services businesses, especially forex brokers, have considered relocating to the EU to retain their respective customer bases. The loss of jobs in the labor market and the ensuing “brain drain” have also been cited,…

December 13, 2019 BY Valentina Kirilova

Daily market commentary: Sterling gains almost 2% following the publication of the first exit polls

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 13, 2019. This is not a trading advice. See details below: FOREX/BREXIT The pound’s reaction to the Conservative landslide is a sigh of relief from markets. Sterling gained almost 2% following the publication of the first exit polls, which pointed…

November 08, 2019 BY Valentina Kirilova

Market analysis on Brexit

ActivTrades’ Senior Analyst Ricardo Evangelista has prepared for LeapRate his market analysis on Brexit. See details below: Market Analysis on Brexit Almost three and a half years have passed since the 23rd June 2016 referendum that took most by surprise, revealing a majority supporting the separation of the UK from the European Union. Since then,…

August 27, 2019 BY Valentina Kirilova

Sterling hits one-month high, yuan plunges to 11-year low

The Pound is advancing across the board as the UK opposition leaders met today to plot to prevent a no deal Brexit. Boris Johnson is sticking to his do or die Brexit mantra, however, he has expressed a little more optimism that a new deal can still be achieved between the EU and the UK.…

May 08, 2019 BY Valentina Kirilova

Daily market commentary: The Pound continues to fall

ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for May 8, 2019. Forex The Pound continues to fall, threatening to drop below $1.30 during early Wednesday trading, as hopes seem slim that an agreement to deliver an orderly Brexit will be reached by Prime Minister Theresa May and opposition leader…

February 01, 2019 BY Valentina Kirilova

Exclusive: The many faces of Brexit and its impact on the pound

LeapRate Exclusive... This article is courtesy of Ricardo Evangelista, Senior Analyst at London based financial broker ActivTrades. The broker has recently launched its proprietary platform ActivTrader. The results of the June 2016 referendum, and the process of establishing the terms of the separation from the EU, revealed deep running divisions in British politics and society…

October 16, 2018 BY Valentina Kirilova

The Pound could be on its way to parity

Wage growth in the UK, excluding bonuses, has risen at its fastest pace in nearly 10 years during the three months to the end of August, boosting sterling as upbeat data on the mortgage market also helped offset no-deal Brexit fears. Pay rose by 3.1%, compared with a year ago, while inflation for the same…

Tag: Sterling