Forex News
Get Ready to Trade with Zero Gravity: Darwinex Zero Launches and VTB Forex Adds CNY Pairs – News Nuggets from April 12th!
Exness Promotes Shayma Ghanim to Country Manager A Rising Star Exness, a top forex and CFDs provider, has recently announced the promotion of Shayma Ghanim to the prestigious position of Country Manager. Shayma Ghanim, who previously held the role of Senior Key Account Manager and Team Leader for Middle East and North Africa, shared the…
Clearstream Unveils New Luxembourg Bank for Fund Investors: Enhancing Institutional Forex Services
Introducing Clearstream Fund Centre S.A.: Clearstream’s Latest Venture in Luxembourg A New Banking Entity of Clearstream Deutsche Börse-owned Clearstream, a leading provider of post-trading services, has made a significant move in the financial industry by establishing a new banking institution in Luxembourg. The newly formed entity, named Clearstream Fund Centre S.A., is set to cater…
Swiss Lawmakers Say No to CHF 10.9B Guarantee for Credit Suisse: A Quirky Twist in the World of Institutional Forex
Late Tuesday, the lower house of Switzerland’s Parliament voted against the Swiss government’s financial rescue package guarantee of 109 billion Swiss francs (about $120.5 billion) for Credit Suisse. However, voting was symbolic, as lawmakers cannot overturn the state’s commitment to the funds. A Symbolic Vote in Swiss Parliament The Swiss lawmakers are divided on their…
March 2023 Sees Impressive 26% Increase in FX Trading Volumes for Euronext: A Closer Look at the Financial Services Exchange’s Success
Euronext’s FX trading volumes up by 26% MoM in March 2023 Overview The average daily volume in FX for last month came in at $22.6 billion. Compared to February’s $20.6 billion, this was also a 9.7% MoM increase. Total Cash Market numbers in March stood at $292.0 million, up by 22.7% MoM compared to the…
From Banker to Crypto Con: Ex-NY Financier Hit with Criminal Charges for Shady Scheme
A Tale of Cryptocurrency Investment Fraud: The Curious Case of Rashawn Russell Alleged Fraudster Faces Criminal and Civil Charges A New York-based former investment banker and registered broker, Rashawn Russell, found himself in hot water this week as he was arrested for running a cryptocurrency investment fraud scheme. The US prosecutors wasted no time in…
Struggling GBP/USD: A Look at the Latest News and Forecasts for the Pound Sterling
GBP/USD grinds near 1.2415-20 as bulls struggle to keep the reins As the sun rises on a key Wednesday in the world of forex trading, the GBP/USD pair finds itself in a tight spot near the 1.2415-20 mark. Bulls are having a tough time maintaining control as uncertainty looms over the market. The US Dollar…
The Rise of Cloud Computing in the Financial Industry: How Fintech is Embracing the Power of the Cloud
The Rising Adoption of Cloud Computing in Financial Services What is Cloud Computing? For good reason, the financial services industry is quickly adopting cloud computing technology. Cloud computing is the internet-based distribution of computing services such as software, storage, and processing power. This technology allows users to access applications and data over the internet without…
NZDCAD Short-Term Forecast Update: A Quirky and Personal Take on the Latest Update!
NZDCAD Short-Term Forecast Update: A Quirky and Personal Take on the Latest Update! Description: Hi Traders! NZDCAD short-term forecast update and follow up is here. On March 8th, 2023 I shared this “NZDCAD Short-Term Forecast And Technical Analysis” post in our blog. In this post, let’s do a recap of this setup and see how…