The Japanese yen rallied today but struggled to keep gains, losing them against some rivals outright. The possible reason for the rally was a massive sell-off of global stocks. As for macroeconomic indicators released…
Posts published in January 2018
Exclusive: ESMA Faces FCA Resistance to 1:30 Leverage Cap
Sources familiar with discussions between regulatory bodies in the EU are sharing that the UK Financial Conduct Authority (FCA) could be at odds with the…
Hong Kong Launches Cryptocurrency Educational Campaign
On 29th January, two Hong Kong authorities – the Financial Services and the Treasury Bureau (FSTB) and the Investor Education Centre (IEC) – joined hands…
Jamie Dimon Signs 5-Year Extension as Chairman and CEO of JP Morgan
Jamie Dimon, who will turn 62 in March, has agreed to terms to remain in his position for an additional 5 years, as Chairman and…
Euro Bounces with Help from Positive GDP Figures
The euro was down intraday during the Tuesday’s session but bounced later, getting support from positive GDP figure released from the eurozone. Not all European macroeconomic indicators were…
Fake Charlie Lee Tries to Scam People on Twitter
As the value of cryptocurrencies rises, more and more scammers are trying to dupe people. Recently, someone faked Litecoin creator Charlie Lee’s Twitter account and…
The US dollar plummeted against the euro to reach its lowest level in four days as traders held their positions while they wait to see the outcome of the Federal Open Market Committee‘s meeting.…
Bitfury has announced the launch of a new tool designed to investigate the Bitcoin blockchain for suspicious activity, ‘Crystal’, according to a company press release.…
Integral has officially received a US patent for its newly developed system, which allows for the combination of liquidity from multiple market types. The application…
GBP/USD Rallies Higher on UK Credit Data and US Dollar Weakness
The GBP/USD currency pair today rallied to new highs buoyed by US dollar weakness due to a decline in US Treasury yields and positive UK credit data. The currency pair was on a donwtrend from…