Forex News

Temenos Teams Up With Mastercard To Expedite International Payments In its press statement, Temenos indicated that this collaboration will realize the swift and secure movement of cross-border funds. It will also make transactions more cost-effective thanks to Mastercard’s widespread international network, which includes approximately 10 billion service points in more than 180 countries. Prossionally educated,…

Laughing All the Way to the Bank: GMI Markets UK Sees 93% Profit Decline in 2023. Description: The UK entity of GMI Markets, a forex and contracts for differences (CFDs) broker, ended 2023 with a revenue of £616,570 and a pre-tax profit of £29,528, according to the latest Companies House filing. The company closed the…

UBS Raises MSCI All-Country World Equity Index Year-End Forecast Analysts at UBS Predict Positive Growth Due to Generative AI UBS recently announced an increase in their year-end forecast for the MSCI All-Country World Equity Index, raising it from 800 to 830. This revision comes as analysts at UBS point to the potential impact of generative…

Fundstrat Global Advisors’ Tom Lee Predicts S&P 500 to Reach Record High Managing Partner Bullish on Market Performance In a recent interview with CNBC, Tom Lee, the Managing Partner and Head of Research at Fundstrat Global Advisors, made a bold prediction that the S&P 500 index will rise 4% to a record high of 5,500…

The Battle of Moving Averages: USDCHF Update Introduction Today, the USDCHF has seen some interesting movements in the forex market. Initially, the currency pair found support at its 100-day moving average at 0.89308, leading to a bounce. However, as the London morning session transitioned into the US session, the pair broke below this key level….

Welcome to the Future of Web3 The Rise of iExec’s DataProtector ‘Monetize Version’ Are you ready to take your Web3 experience to the next level? Look no further than iExec, the company with the platform to build, own, and monetize in the world of Web3. Their latest upgrade to the DataProtector dev tool, aptly named…

GBPCAD Short Term Forecast Update and Follow Up Recap of Previous Forecast Hi Traders! On April 23rd, 2024 I shared a post on our blog titled “GBPCAD Short Term Forecast And Technical Analysis”. In that post, we discussed the potential trade setup for GBPCAD and provided a detailed technical analysis. Today, let’s take a look…

Hi Traders! USDCHF Technical Analysis and Short Term Forecast Hey there fellow traders! Today we will be diving into the technical analysis of USDCHF and discussing our short term forecast for this currency pair. As usual, we conducted our analysis on the MetaTrader 4 platform (MT4) where we discovered some very interesting and useful tips…