Forex News

HSBC Slapped with $628 Million Fine by FCA for Poor Customer Treatment: A Finance Magnates Tale Description: The Financial Conduct Authority (FCA) has imposed a fine of £6,280,100 on HSBC UK Bank plc, HSBC Bank plc, and Marks and Spencer Financial Services plc (HSBC) for deficiencies in their treatment of customers experiencing financial difficulty. During…

Building Investor Community with Stock Analysis Tools TipRanks and Bad Trader Partnership TipRanks has announced a partnership with Bad Trader, a new app aimed at providing an engaging and data-driven introduction to financial markets for investors. The Bad Trader app will feature access to two of TipRanks’ stock research tools: the Analyst Forecast tool and…

IC Markets Partners with TipRanks to Enhance Investment Research IC Markets, one of the world’s largest Forex CFD providers, has recently announced a partnership with TipRanks, a premier provider of investment research tools. This collaboration is designed to elevate the investment and trading research capabilities for IC Markets’ clients, granting them access to TipRank’s advanced…

Fundamental Overview The USD and CAD in Focus The USD has been generally under pressure since the benign US CPI report last week as the hawkish expectations subsided and the market switched its focus from inflation back to growth. This triggered a positive risk sentiment which is generally negative for the greenback. The CAD, on…

Why You Should Care About Wages Growth Putting the Q4 Numbers Into Perspective The Q4 numbers showed that wages were growing at a pace that is less worrisome towards the end of last year. The reading then was 4.5% year-on-year, a drop from the 4.7% year-on-year reading in Q4 2023. It is estimated that wages…

Life as a Trader: Navigating the Current Market Landscape What’s in Store for Today’s Trading? Well folks, it looks like we’re in for a bit of a mixed bag today in the world of trading. There aren’t any major expiries to take note of, so we’ll have to rely on other factors to guide us…

Embracing the Ups and Downs of the Market Steady as She Goes The dollar is keeping steadier once again, after the slight gains yesterday. USD/JPY is contesting last week’s high of 156.78 while EUR/USD is inching back towards a test of its 100-day moving average of 1.0814. This follows from the Fed minutes overnight, which…

The People’s Republic of China Conducts Military Drills Surrounding Taiwan Island An Insightful Look at the Recent Actions of the Chinese Ministry of National Defense In a recent statement released by the Ministry of National Defense of the People’s Republic of China, it was announced that the People’s Liberation Army (PLA) has been conducting joint…