2020 was a big year of change for the fintech industry. Before the pandemic struck the globe, fintech companies around the world entered the new…
Posts published in December 2020
Saxo Bank Reports Marginal Rise in November FX Volumes
After a bearish month, the has published details of trading activities on its brokerage platform, showing an uptrend in the market demand across all the…
Ripple CEO Expects Bitcoin to Remain Dominant in Coming Years
American entrepreneur and CEO of Ripple, Brad Garlinghouse said that Bitcoin’s dominance is not going anywhere and the world’s largest will remain an important part of…
Pound Rallies to 3-Year Highs Against Dollar on Brexit Deal Optimism
The Sterling pound today rallied to 3-year highs against the US dollar boosted by investor optimism about a potential Brexit deal boosted by Simon Coveney’s comments. The weak dollar also fueled the GBP/USD…
The Australian dollar remained stable after macroeconomic releases in Australia as well as Australia’s biggest trading partner — China. The Aussie did not move far even though the data was very good…
Euro Rallies to New 32-Month Highs Against Dollar, Later Falls
The euro today briefly rallied higher against the dollar touching 32-month highs before reversing course and heading lower as the greenback inched higher. The EUR/USD…
NZ Dollar Soft Despite Positive Reports in New Zealand & China
The New Zealand dollar was soft today, falling against many of its most-traded rivals. That is despite positive macroeconomic reports released during Thursday’s trading session in New Zealand…
Bulls Saving the Day on GBP/CAD from 1.7285?
The Great Britain pound versus the Canadian dollar currency pair seems to be underpinned by the bulls. Can they reach 1.7445? Long-term perspective The fall from the 1.7674 high extended until the 1.7216…
CySEC Withdraws License of Bogofinance Capital Markets (FXJET)
The Cyprus Securities and Exchange Commission (CySEC) confirmed on Wednesday that it has wholly withdrawn the Cyprus Investment Firm (CIF) License of Bogofinance Capital Markets,…
Moscow Exchange Reports Stable FX Volumes for November 2020
FX trading sustained strong volumes at Moscow Exchange () during November, as investors’ interest roared back from the depths of the Covid-19 volatility, according to…