Election results are weighing on gold but not on Bitcoin. Strategist explains why
Investing.com — Gold and Bitcoin have moved in opposite directions since Donald Trump’s electoral win on Nov. 5, with gold prices down by 4.7% while Bitcoin surged by 29%. According…
CySEC Removes AMP Global from ICF Following CIF Authorization Withdrawal
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner! An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over…
Monaxa to Introduce Prop Trading Services
Forex and CFD broker Monaxa is launching a proprietary trading service, according to a post by the company’s CEO, Chris Trikomitis, today (Thursday). Although the details about the new platform…
Sterling squashed by dollar steamroller, traders watch out for Reeves’ speech
LONDON (Reuters) – The pound dropped to its lowest against the dollar since early July on Thursday, brushed aside by the U.S. currency’s relentless rise following Donald Trump’s U.S. election…
Revolut Expands M&A Team and Rolls Out Revolut X to 30 EEA Markets
Revolut, a fintech company, is expanding its mergers and acquisitions (M&A) division, signalling a potential shift towards acquiring other businesses. Revolut is expanding its crypto platform, Revolut X, to 30…
Factbox-US energy draws up a wish list for new Trump administration
By Arathy Somasekhar HOUSTON (Reuters) – With U.S. President-elect Donald Trump two months away from taking office and able to act on his campaign promises, energy executives are lining up…
Pound Loses Ground Against Greenback. Forecast as of 14.11.2024
The British pound grows reluctantly on positive economic news and experiences sell-offs against unfavorable data releases. The Bank of England’s hawkish stance initially supported the GBPUSD pair. However, the release of…
CFDs Broker Fortrade Increased 2023 Profits Despite 39% Revenue Drop
London-headquartered Fortrade, a contracts for differences (CFDs) broker, ended 2023 with a turnover of £19.7 million and a net profit of £1.05 million, according to the latest Companies House filing.…
Weak Dollar Pushes US Forex Deposits to Lowest Levels in 2024
The third month of dollar declines and testing 18-month lows has clearly discouraged US investors from seeking investment opportunities in financial markets. According to the latest September 2024 data, retail…
Oil prices broadly flat after falling on dollar surge
By Trixie Yap (Reuters) – Oil prices slipped in early trade on Thursday, reversing most of the previous session’s gains on a stronger dollar and worries of higher global output…
