Pound Sinks After Disappointing UK Data. Forecast as of 21.11.2024

The Bank of England’s slower pace of rate cuts compared to the Federal Reserve gives the pound an advantage over the US dollar. However, the GBPUSD pair is falling significantly.…

Dollar steady near recent highs; euro suffers more weakness

Investing.com – The U.S. dollar edged marginally higher Thursday, consolidating after recent volatility, while the euro continued to show softness as the situation in eastern Europe becomes more fraught.  At…

IC Markets Continues Sponsoring Table Tennis

IC Markets, a popular contracts for differences (CFDs) broker, has renewed its partnership with World Table Tennis, extending it for the new series calendar through 2025. The partnership was initially…

Dollar buffered by Trump policy expectations; bitcoin surges

By Amanda Cooper LONDON (Reuters) -The dollar steadied on Thursday as traders awaited more clarity on U.S. President-elect Donald Trump’s proposed policies amid an uncertain outlook for interest rates, while…

Interactive Brokers Caught in Hong Kong’s HK$91M Trading Freeze

Hong Kong’s securities watchdog has frozen HKD 91 million in assets across four brokerages, including US-based Interactive Brokers’ local unit, following suspected market manipulation and unauthorized trades through compromised accounts.…

Interactive Brokers Caught in Hong Kong’s $91M Trading Freeze

Hong Kong’s securities watchdog has frozen $91 million in assets across four brokerages, including US-based Interactive Brokers’ local unit, following suspected market manipulation and unauthorized trades through compromised accounts. SFC…

Marex’s X-Change Financial Hit with $400,000 NFA Fine over Controls

The National Futures Association (NFA) has imposed a $400,000 fine on X-Change Financial Access (XFA), part of Marex, and suspended one of its executives from supervisory duties, following an investigation…

Oil prices climb as geopolitical tensions outweigh US inventories

By Siyi Liu SINGAPORE (Reuters) -Oil prices climbed on Thursday as geopolitical concerns over escalating tensions between Russia and Ukraine outweighed the impact of a bigger-than-expected increase in U.S. crude…

Markets Reassess Trump Trade. Forecast as of 21.11.2024

As a rule, markets tend to exaggerate everything, mixing their expectations and reality. However, investors are gradually realizing that Donald Trump’s policy is not so frightening. Let’s discuss this topic…

Why Traders Lose Money and How Broker-Backed Prop Firms Are Changing the Game

It also highlights the benefits of broker-backed prop firms in the still new industry. In a recent interview with Prop For Match, David Varga, CEO and Co-Founder of Fintokei, shed…