The Australian dollar was soft today, trading either flat or lower versus other most-traded currencies. Domestic macroeconomic data was mixed, giving no help to the currency. Better-than-expected economic releases…
NZ Dollar Flat-to-Higher After Domestic & Chinese Economic Reports
The New Zealand dollar traded largely flat today, though it managed to gain on some of the majors, including the US dollar. The kiwi got a boost from positive domestic macroeconomic data as well…
Japanese Yen Weak Despite Positive Domestic Reports
The Japanese yen was weak today even though domestic macroeconomic data released on Monday was good. There was no clear theme to drive markets at the start of the week. The week should…
Bulls Still on Course to 0.7587 on AUD/USD?
The Australian versus the US dollar currency pair seems to be escaping the bearish force that rests between the 0.7300 and 0.7400 areas. Did the bears really give up? Long-term perspective After…
Takeprofit Tech, the fintech software developer, has partnered with US-based Forex and technology provider Match-Trade Technologies, The partnership announced this week will see both companies expand the…
Trading 212, PayPal Crypto User Ban, BTC and ETH Tank: Editor’s Pick
From a lively Finance Magnates newsroom this week, here are the top stories from the forex, fintech and crypto worlds, in our best of the…
The Most Common Misconceptions about Global Corporate Registries
Compliance and AML professionals face a difficult task. Not only must they source accurate data from an often confusing partner landscape, but they must also…
New Change FX Taps EOSE to Expand TCA and Data Distribution
New Change FX, an independent data and analytics business, has teamed up with EOSE to further strengthen distribution of their independent FX data and TCA…
Huobi Granted Initial Approval to Operate in Malaysia
Cryptocurrency exchange Huobi, a former ‘big three’ platform, is launching regulated services in Malayisa through a local partnership model. Named ‘Huobi Labuan,’ the company has…
ETX Capital Installs Ruark Williams as Head of Acquisitions
, a London-based financial spread-betting and contracts-for-difference provider, has recruited Ruark Williams as group head of acquisitions, overseeing a range of tasks relating to the…
USD/INR Tops 74.00 As Q3 GDP Contracts, COVID-19 Infections Jump
The Indian rupee is weakening against its US peer at the end of the trading week, driven mostly by the continuing economic contraction and the rising number of coronavirus infections. The rupee has joined the rest of the emerging…
Russia Plans to Treat Cryptocurrencies as Property
Mikhail Mishustin, the Prime Minister of Russia announced on Thursday that the government plans to recognize digital financial assets as property and the owners of…