Saxo UK Posts 7% Profit Gain as AUM Hits £2 Billion Mark
Saxo Bank’s UK branch has reported impressive growth in 2023, increasing its assets under management (AUM) to £2 billion and achieving a higher net profit of £11.2 million compared to…
The Euro Will Buy the Fact. Forecast as of 16.10.2024
The European Central Bank’s 50-point rate cut may become a surprise that will drown the euro even more. However, a cut by 25 bp has already been factored in EURUSD…
FXCM UK Reports Whopping Profit Decline in 2023 as Traders Activity Wanes
Stratos Markets Limited, operating under the FXCM UK brand, reported a significant net loss for the fiscal year 2023, exceeding 350%. According to the FX/CFD brokers, it reflects a challenging…
FXCM UK Reports 390% Profit Decline in 2023 as Traders Activity Wanes
Stratos Markets Limited, operating under the FXCM UK brand, reported a significant net loss for the fiscal year 2023, exceeding 350%. According to the FX/CFD brokers, it reflects a challenging…
Dollar firms as investors weigh Fed outlook, potential Trump win
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar hovered near two-month peaks versus major peers on Wednesday, supported by expectations the Federal Reserve will proceed with modest interest rate…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 16.10.2024
Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Highlights and key points BTCUSD: the…
Tavira Financial Pulls Out of CFDs Business
UK-regulated Tavira Financial Limited, known for being an agency broker and execution specialist, is closing down its equities contracts for differences (CFDs) business, the company confirmed in its latest Companies…
Gold prices steady below record highs with rate cuts in focus
Investing.com– Gold prices steadied close to record highs in Asian trade on Wednesday, recouping some recent losses as traders maintained bets that the Federal Reserve will cut interest rates further. …
Record-High IBKR Stocks Take a Hit as Q3 Earnings Miss Wall Street Expectations
Interactive Brokers (Nasdaq: IBKR) ended the three months between July and September with net revenue of $1.36 billion, an increase of 19.2 percent year-over-year. Its pre-tax income also jumped to…
Asia FX muted amid China stimulus speculation, Fed rate outlook
Investing.com– Most Asian currencies moved in a tight range on Wednesday as traders digested a recent round of stimulus from China, while the dollar hovered near two-month highs on bets…
