The Central Bank of Ireland today issued a warning against US-based investment firm Genworth Consultant Group as the company has been providing financial services to…
Posts published in August 2017
The US dollar climbed against most of its major peers on Wednesday, as investors became more optimistic in the wake of strong economic data. Fresh reports showing firm economic growth in the second quarter…
An Illinois court accepted a case against George Daskaleas, known as the Greek Madoff for orchestrating a massive, $500 million Ponzi scheme. The case also…
EUR/USD Posts Major Decline on Positive US GDP Data
The EUR/USD currency pair today recorded a major decline after the release of positive US GDP data early in the North American session. The decline, which started early in today’s session, had been…
The Central Bank of Bahrain (CBB) has announced that two fintech companies have joined the Bahraini regulatory sandbox. The new members are Tramonex and Now…
Russian Bank Announces Opening of Blockchain Research Center
In a further sign that Russia is heading towards accepting cryptocurrencies as part of the financial system, the state-owned bank Vnesheconombank (VEB) has announced the…
IFSC Alerts Belizean Traders to Unlicensed Forex Brokerage
The International Financial Services Commission (IFSC), the Belizean financial regulatory authority, has alerted local traders of unlicensed forex brokerage GNTFX. The online trading company has…
NZD/USD Drops, Other NZD-Crosses Stable
The New Zealand dollar fell against its US counterpart today but held steady versus other majors. Comments for the central bank’s chief and domestic macroeconomic data were detrimental to the currency.…
Social trading provider ayondo is about to become the first company from the industry to have obtained a highly regarded BaFin license. The brokerage, which…
GAIN Capital Announces Launch of New Money Transfer Service
GAIN Capital Holdings, Inc. (NYSE: GCAP) today announced the launch of a new money transfer service on its website forex.com, which is the FX brand…