As a busy September closed out and an uncertain October began, here are the news stories that dominated the worlds of forex, fintech and crypto,…
Posts published in October 2020
What Factors Influence Currency Exchange Rates to Shift?
Currency exchange rates are, along with interest and inflation rates, a key indicator of a country’s economic health. They are important in establishing trade between…
Dave Worsfold Parts Ways with CMC Markets after 11 Years
London-based trading provider CMC Markets (LSE: CMCX) has parted ways with its long-serving executive David Worsfold, who had been with the company for more than…
MOEX’s FX Turnover Rises 10pc as Institutional Venues Rebound
Currency trading at Moscow Exchange () regained its upward route in September buoyed by a steady rise in volatility, coupled with a multi-year effort to…
Cryptocurrency exchange, now allows it users in nearly 40 countries to convert their cryptocurrencies into fiat and ‘instantly’ withdraw cash from their accounts. The new feature…
CFTC Fines Owner of Escrow Firm $7 Million Over Bitcoin Scam
An Easton man was ordered to pay $7.4 million in restitutions to resolve civil charges brought by the US Commodities Futures Trading Commission for stealing…
Retail FX Deposits Held at US Brokers Drop $13M in August
Data from the US securities regulator for August 2020 shows that registered retail FX platforms lost more than $13 million in clients’ deposits, coming in…
Euro Falls Against Dollar on Risk-Off Mood, Non-Farm Payrolls
The euro today fell against the dollar reversing all of yesterday’s gains driven by the risk-off market sentiment after US President Donald Trump tested positive…
The Sterling pound today rallied against the dollar after the British Prime Minister intervened to try and save the Brexit talks, which seem to be…
FBS Launches Free Educational Forex Course
FBS has started a new educational free course called . The company’s financial analysts have created this online course for European clients to guide novice…