Gold-i, a global fintech firm has announced a partnership with a leading technology provider for the financial industry Tradesocio. The main concept of this partnership was the integration of the Matrix, Gold-i’s multi-asset liquidity management and aggregation solution, into Tradesocio’s Marketplace. There are some other Gold-i products that have been added, including its risk managementRead More
Category: Industry
Is The SP500 About to Crash?
US equities fell sharply over the previous days, ending their immediate uptrend momentum. Is a more extensive correction is ahead of us, or will the dip be quickly bought? We shall see. During last week’s Powell presser, he said that the risk of persistingly higher inflation has clearly risen, and he thinks the (monetary) policyRead More
Sydney FC Renew AETOS Partnership For AFC Champions League
Sydney FC has renewed its partnership with AETOS Capital Group for a third consecutive AFC Champions League campaign. The deal will see the Australian Forex broker continue to be the Principal Partner of Sydney FC for Asia’s most prestigious club competition. The AETOS logo will take pride of place on the front of the SkyRead More
EURUSD Revisits July 2020 Levels Dropping Below 1.14
The greenback continued to outperform the euro on Monday, pushing the most-traded pair in the world, the EURUSD, below the 1.14 level for the first time since July 2020. Earlier on Monday, European Centra Bank (ECB) Governor Cristine Lagarde undermined the euro when she repeated that conditions for a rate hike are very unlikely to be metRead More
FSCA temporarily suspends JP Markets forex trader’s licence
The Financial Sector Conduct Authority (FSCA) has temporarily suspended the financial service provider (FSP) licence of a forex trader, JP Markets. The regulator investigates the trader’s alleged breach of certain laws in the financial sector. During the period of JP Markets provisional suspension, it is also not permitted to take on any new business. AccordingRead More
Has Bitcoin Replaced Gold as the Trader’s Sweetheart?
Gold has been a store of value against currencies and a hedge against inflation for hundreds of years. Forget diamonds; gold is really forever. This year, in particular, has been great for gold traders. Gold prices hit an all-time high of $2,075 in August. Its price trajectory, however, has been dependent on the coronavirus situation. But canRead More
Yields Soar With 10-year Yields Touching 1.5%
Bond prices collapsed for the third consecutive day on Monday, sending yields sharply higher, with the 10-year yield trying to breach above the psychological level of 1.5%. From August 2020 until March 2021, the yield on the 10-Year Treasury rose rapidly as inflation entered the US financial system and the economy. Inflation is the biggestRead More
FP Markets has launched a technical analysis trading tool Autochartist
ASIC-regulated global CFD and forex broker FP Markets has added Autochartist to its wide range of trading tools. Autochartist is an online technical analysis tool which scans the market to provide detailed breakdowns across a wide range of Forex and CFD instruments. This tool helps to easily understand the real time trading opportunities. Once theRead More
FC Barcelona and FBS became global trading partners
FC Barcelona and FBS signed a new global partnership agreement, whereby the broker specializing in Forex trading is to become the soccer club’s Official Trading Partner for the next four years, through 30 June 2024. This partnership will be a boost to Barça’s global commercial strategy, as part of the consolidation of its international expansionRead More
USDJPY Eyes 130 as JPY Selling Continues
As traders are pricing more and more rate hikes and aggressive tightening by the Federal Reserve (Fed), the USDJPY pair continues in its, so far uninterrupted, march toward the psychological 130 threshold. That would be the highest level for the USDJPY since May 2002. The USDJPY pair continues to benefit from the massive divergence between respective monetaryRead More