The Australian dollar was weak today, falling against all other most-traded currencies. That is despite domestic macroeconomic data that beat expectations. The Australian Bureau of Statistics reported that…
Posts published in December 2020
Bears Marching Towards 103.15 on USD/JPY?
The United States dollar versus the Japanese yen currency pair seems to be under undeterred bearish dominance. Are the bulls just around the corner? Long-term perspective The fall that started at 109.85…
The Bank of International Settlements (BIS), along with financial market infrastructure operator, SIX and the Swiss National Bank, announced today that the organisations have successfully…
Asia Trading Summit Virtual 2020 to Kick Off Tomorrow!
The Asia Trading Summit 2020 (ATS) will officially kick off tomorrow morning at 8:00 local time in Hong Kong. With over 5,000 virtual attendees expected,…
FX Broker Maxiflex Settles with CySEC for €370,000
The Cyprus Securities and Exchange Commission (CySEC) has just announced that it has reached a settlement with MAXIFLEX LTD, ordering the firm to pay €370,000…
Tradeweb Reports Record Volumes on Post-Election Volatility
Fixed income trading platform on Thursday reported solid figures for trading volumes in November 2020 as market volatility driven by Covid-19 developments bolstered activity during…
Stripe Reveals New Solution with Embedded Banking Services
Stripe, one of the world’s largest fintech unicorns, has revealed an expanded portfolio of partner banks that have signed on to offer co-branded banking services.…
Crypto Startup Circle Joins Visa’s Fintech Fast Track Program
Stablecoin issuer Circle has joined Visa’s Fintech Fast-Track program, which is designed to help fintech businesses scale up with support from Visa’s experts and resources.…
3iQ’s Ether Fund Gets Greenlight to List on Toronto Stock Exchange
Canadian investment fund manager said it has received regulatory receipt to float its Ether Fund through an initial public offering on the Toronto Stock Exchange. A…
The Turkish lira is rallying against some of its major currency peers on Thursday, despite concerning macro data that could further force locals to scoop up more US dollars.…