The Great Britain pound has been a remarkable performer on the Forex market recently but lost its upward momentum during the end of the last week. Will the currency be able to resume its…
Posts published in July 2014
The Canadian dollar sank today even though the Forex traders’ sentiment towards the currency improved somewhat and not all economic reports from Canada were bad. The currency extended its drop…
Dollar Attempts to Extend Rally, Fails
The US dollar attempted to extend the previous week’s rally against the euro today and was successful at the start of the trading session, but reversed its advance later and trades below the opening level as of now.…
German Data Subdues Euro
The latest data out of Germany is leading to subdued trading by the euro. Concerns about the eurozone economy are still a big part of the picture for the 18-nation currency, and Germany’s lackluster data isn’t helping…
UK Pound Struggles as Rally Fades
UK pound is struggling today, heading lower against many of its major counterparts, as the recent rally fades. Expectations that the Bank of England would be among the first to start boosting…
This past 4th of July weekend saw a heavily moderated attack on marketplace listing platform Etsy. The attack, coined by Etsy sellers as “Invasion of…
Forex Magnates has learned that one of the biggest players on the Chinese internet market, Tencent, has been running a binary options demo contest in…
Exclusive: ECN SPOTEX Launches, Offering FX Spot, Risk Management and Back Office in One
Coming to market is SPOTEX, a new quote driven, US-based spot FX ECN. Earlier this year, Forex Magnates reported that was appointed Head of eFX Sales…
Bitcoin entrepreneur Roger Ver has that he’ll contribute $10 for every retweet of his link to support the campaign. With 16,675 retweets and counting, he…
It has long been a mystery what happened to 650,000 bitcoins and millions in fiat when MtGox declared bankruptcy in February. What creditors weren’t expecting was…