Forex News
Breaking News: Proprietary Trading Firm Funded by Engineer Shuts Down in the Forex Market
The Fall of Funded Engineer: A Troubled Prop Trading Firm Today, on Monday, Funded Engineer announced the “permanent closure” of its operations Effective immediately, the company has decided to file for bankruptcy Funded Engineer, once a prominent name in the world of prop trading, shocked the financial community today with the announcement of its sudden…
Breaking News: eToro Takes Italy by Storm with Exciting Fintech Partnership!
eToro Strengthens Position in Fintech Ecosystem with SDA Bocconi Collaboration eToro Collaborates on Fintech Event eToro, a trading and investment platform, has announced its new collaboration with SDA Bocconi. This partnership aims to strengthen eToro’s position in the Italian and European fintech ecosystem. The announcement was made today (Monday). eToro has joined the European FS…
Unlocking the Future of Crypto Payments: A Perspective from Payabls Group’s CEO
In payments, the current challenges and opportunities The future of digitalisation in the payments industry “In payments, the current challenges are the digitalisation and the fast move towards the digital aspects,” said Ugnė Buračienė, Group CEO of payabl., while speaking to Finance Magnates at iFX EXPO International 2024. There are also many opportunities in the…
Bitcoin’s Technical Analysis: The Bullish Bias is Back in Town!
Bitcoin’s Weekend Rally and Other Market News Trump Assassination Attempt Spurs Bitcoin Rally Bitcoin rallied strongly over the weekend after a failed attempt to assassinate former US President Trump. The market reacted positively to the event, as Trump has been a supporter of the crypto industry and his odds of winning the election soared. This…
ATFX Connect: Doubling Revenue and Jumping Profits by 2023 – A Game-Changer in the Forex Industry
AT Global Markets (UK) Limited Experiences Record Growth in 2023 A Solid Year for ATFX Connect AT Global Markets (UK) Limited, which operates the ATFX Connect brand, has closed the year 2023 with an annual turnover of more than £6.18 million. This represents a significant increase of 95.8 per cent from the previous year’s £3.16…
From Convicted to Free: The Wild Ride of Bitconnect’s Aussie Frontman
BitConnect Promoter Convicted in Australia John Bigatton Found Guilty of Providing Unlicensed Financial Advice After two months of pleading guilty, BitConnect’s national promoter in Australia, John Bigatton, has been convicted by the court for providing unlicensed financial advice and released on a recognisance of good behaviour for three years. The Australian court’s decision on Friday…
Breaking News: OANDA, a Leading Forex Broker, is Reportedly Up for Sale
OANDA, a prominent brand in the forex and contracts for differences (CFDs) brokerage space, has been put up for sale by its owner, CVC Capital Partners, an Amsterdam-listed buyout firm, Sky News reported. Details of the Sale Although there are no official updates yet, the retail broker is being marketed by the bankers at Nomura…
Innovative, Articulate, and Easy to Follow: A Professional Rewrite of China Plenum Meeting Against the Background of Calls for More Economic Stimulus
China’s Q2 GDP Data Disappoints Economists What the Numbers Reveal In case you missed it, China recently released its Q2 GDP data, which fell short of analysts’ expectations both quarter-over-quarter and year-over-year. Industrial output in June increased by 5.3% year-over-year, surpassing the expected 5.0% growth. However, retail sales only rose by 2.0%, missing the 3.3%…