Reports have emerged throughout the week that the United States dollar has reached its lowest point in more than two and a half years. The social,…
Why Crypto Payments Can Change the World
Over the past few years crypto has become mainstream, enabling things never thought possible. This includes its entry into the payments space, which has opened…
Kabu Posts Strong November Demand, FX Volume Skyrockets
Japanese online securities brokerage, Kabu has released its volumetric metrics for all the listed instruments for the month of November, showing a strong uptick across…
Russia Says No to Private Stablecoins Pegged with Ruble
Sergey Shvetsov, the first deputy governor at the central bank of the federation said no to the ruble-pegged private stablecoins. Another official, Olga Skorobogatova who…
Payments Firm PingPong Gains Luxembourg’s EMI License
Payments startup PingPong announced on Wednesday that it has secured an electronic money institution (EMI) license from Luxembourg’s financial regulator, the (CSSF). The fintech is…
Integral Reports Jump in November Trading Volumes
The FX technology company, Integral reported a record increase in its November volumes. The company announced that the total average daily volumes (ADV) last month…
CLSA Premium Dodges Wind Up for the Second Time
Hong Kong-based CLSA Premium Limited shareholders have decided against the business wind up of the forex broker for the second time while voting on a…
EUR/USD Falls Despite Positive Eurozone Macro Releases
EUR/USD fell today despite all macroeconomic reports released in the eurozone during Wednesday’s trading session were good, and the vast majority of them beat expectations. Against other rivals, the euro did…
Swiss Franc Strong, Defying Fundamentals
The Swiss franc was the strongest currency on the Forex market today, rising against all other most-traded rivals. That was a very puzzling performance, considering that news neither from Switzerland…
Pound Sinks After Comments from EU Chief Brexit Negotiator
The Great Britain pound dropped today, falling against all other most-traded currencies. It dropped even versus the Japanese yen, which previously was the weakest currency during Wednesday’s trading.…
NZ Dollar Stable Despite Drop in Overseas Trade Index
The New Zealand dollar was stable today, staying flat against most of its rivals and even gaining on some of them. That is despite the worse-than-expected trade report released on Wednesday. Statistics…
Yen Soft After Economic Data, BoJ Deputy Governor’s Comments
The Japanese yen was very weak today. In fact, it logged losses against all other most-traded currencies. Domestic macroeconomic data was decent, therefore it could not be…