The US Commodity Futures Trading Commission (CFTC) has filed and settled charges against Ikon Global Markets. The company stopped operating in the US after the…
Posts published in August 2017
IQ Option Teases Upcoming ICO with Limited Tokens
IQ Option, one of the biggest binary options brokerages in the industry, and which recently , is preparing an ICO. The company published a dedicated…
US Dollar Attempts to Rally, Fails to Keep Momentum
The US dollar attempted to rally during the Thursday’s trading session but failed to keep its gains and is trading below the opening level right now. It managed to fall even against…
Swissquote Bank, a Switzerland-based leading online banking group, today announced the launch of a new artificial intelligence (AI) platform, the DE30 Social Sentiment Index (DE30…
USD/CAD Declines Drastically on US and Canada Data
The USD/CAD currency pair today suffered a major decline after the release of both US and Canadian macro data during the North American session. Some of the macro data released by both countries include…
Six More Major Banks Join UBS’ Digital Cash Initiative
According to Reuters, six banks have joined Swiss bank UBS’ digital cash system plan, whereby financial institutions will be able to send payments and quickly settle…
FFAJ Reports Drop in FX Trading Volumes in Q1
The Financial Futures Authority of Japan (FFAJ) today released its Q1 2017 report on financial futures transactions which includes trading volume data on retail FX…
EUR/USD Sinks to New Lows Despite Positive Eurozone Data
The EUR/USD currency pair today declined to new lows despite the release of positive Eurozone data such as the German unemployment change data. The release of positive US macro data including the positive core…
NZ Dollar Fails to Hold Ground After Business Confidence Worsens
The New Zealand dollar fell today, declining for the second consecutive day versus the US dollar and the Japanese yen. The currency was attempting to hold its ground at the beginning of the trading session but resumed…
JPMorgan Clears its First NDF Trades via LCH ForexClear
JPMorgan is adding foreign exchange to its over-the-counter (OTC) clearing offering. The company is continuing its efforts towards clearing as the upcoming MiFID II regulations…