The euro today fell to new 2020 lows against the much stronger US amid a risk-off market environment dominated by headlines of new coronavirus infections. The EUR/USD currency pair’s decline was accelerated…
Posts published in February 2020
Canadian Dollar Mixed As Housing, Jobs Data Unable to Trigger Momentum
The Canadian dollar is trading mixed against multiple currency rivals to kick off the trading week, despite bullish housing and jobs data that should have buoyed the loonie. The paucity of momentum…
FBS Copy Challenge: A Social Trading Contest for Tickets to FC Barcelona
, the official trading partner of FC Barcelona since January 2020, announced a round of contests to celebrate the deal. One of them, the Copy…
Is the Coronavirus’ Impact on Financial Markets Overblown?
The Coronavirus continues to see an outbreak globally with the latest estimates putting the death total over 900 persons. With fear continuing to spread and…
Exclusive: AvaTrade Secures Licence from Abu Dhabi
Foreign exchange (forex) and contracts for difference (CFD) broker AvaTrade has revealed exclusively to Finance Magnates this Monday that its has secured a licence from…
London Block Exchange Forced to Liquidate After a Year of Rumours
Dragon Payments Ltd., which was formerly known as the ), shut down its operations late last week with an announcement that it is being…
Aussies Lose $1.43 Million to Investment Scams in January 2020
We’re only into the second month of 2020 and already Australian’s have lost a hefty amount as a result of investment scams, figures published by…
Weiss Ratings Upgrades Bitcoin to A-, Bull Run Next?
Weiss Ratings, an American investment data provider, has upgraded its rating to an A-, making the digital currency an “excellent” investment option. Announced on Twitter,…
BitGo Enters Europe with German and Swiss Entities
Digital asset custodian has expanded its presence in Europe with the opening of new custodial entities in Switzerland and Germany. Announced on Monday, the Swiss…
Binance Hires Ex-TradingView COO to Accelerate Fiat Initiatives
, a leading crypto exchange, has appointed Iskander Malikov as its new director of fiat, Europe, and the Commonwealth of Independent States (CIS). Announced on…