The Australian dollar versus the Canadian dollar currency pair is at a very interesting spot. Long-term perspective After printing the high of 0.9149, the price retraced under the 0.9093 resistance level and continued a descent…
Posts published in February 2020
FINRA Hits Virtu Americas with $250,000 Regulatory Fine
Virtu Americas LLC (formerly ) has agreed to pay $250,000 to settle a handful of violations and failures related to order execution, which were brought by…
Euronext FX Volumes Rise in January, Muted Change Seen at Integral
, the first pan-European exchange, today announced its trading volumes and metrics for January 2020, which incurred a year-over-year decline, but managed to secure some…
All in Red: Retail FX Deposits Drop at US Brokers in December
Data from the US securities regulator for December shows that has lost nearly $6.8 million, or nine percent on a monthly basis, in retail forex deposits.…
US Dollar Rises on Decline in Trade Deficit, Jobs Data
The US dollar is rising midweek on strong economic data and the rebound in global financial markets. Despite the Wuhan coronavirus significantly affecting China and spreading to other countries, traders are confident that…
Pound Crashes Against US Dollar on Upbeat US PMI Data
The Sterling pound today attempted to rally against the US dollar, but the rally was shortlived as the greenback reversed course and drove the pound…
The UK Has Left the EU – What Happens Now?
The time is finally here – the United Kingdom has officially left the European Union. Investment firms and brokerages have been waiting in anticipation for…
ICE Confirms it Approached eBay to Explore Potential Opportunities
(ICE), the parent company of the New York Stock Exchange (NYSE) has reportedly approached American multinational e-commerce corporation eBay to discuss a takeover. The news…
BitGo Enables Crypto Trading with Vault-Stored Funds
BitGo, a popular digital asset custody services provider, announced on Tuesday that it will allow its clients to directly trade crypto with their vault-stored funds.…
ConsenSys to Cut 14% Staff Amid Major Restructuring
ConsenSys, an Ethereum-bases blockchain outfit, is slashing 14 percent of its workforce amid a major restructuring in its core business model. First reported by The…