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News

Stoploss CFDs Exempt From France Forex Ad Ban
 

Stoploss CFDs Exempt From France Forex Ad Ban

France’s controversial new law banning advertisements of binary options, forex, and CFD trading will not cover stoploss CFDs offered to retail clients. Lawmakers in the country had voted to pass this law because these leveraged trading products [...]
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The Slump in Global Forex Industry
 

The Slump in Global Forex Industry

The turnover of the global foreign exchange trading industry has dropped considerably from its highs of the last three years. The daily turnover in April 2013 was $5.4 trillion but the industry has only able to manage $5.1 trillion per day as of [...]
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Forex Trading Openings for 2017
 

Forex Trading Openings for 2017

2017 looks like it’s going to be an exciting year for forex traders, if the month of January is anything to go by. The US Dollar has been on a roll so far, starting from the time that Americans voted for Donald Trump as President. There are [...]
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Chinas’s Forex Reserves Fall Bringing Serious Financial Worries to the Nation
 

Chinas’s Forex Reserves Fall Bringing Serious Financial Worries to the Nation

Certainly, it is an unfortunate hour for China, as the exchange reserves of the nation have fallen very low. According to the media reports, the reserves fell lowest in the past six years in December leaving the nation baffled. The amount was [...]
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The US Federal Reserve Indicates 3 Rate Hikes in 2017
 

The US Federal Reserve Indicates 3 Rate Hikes in 2017

Following are currency forecasts, analyses, and reactions to exchange rates for Euro, British Pound, and US Dollar for Federal Open Market Committee (FOMC) meeting to determine policy. The US Federal Reserve delivered a 25 point rate increase, [...]
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Airport Currency Exchanges Charge Shockingly Huge Rate to Holidaymakers
 

Airport Currency Exchanges Charge Shockingly Huge Rate to Holidaymakers

In news that comes as a major surprise to most people, British airports are estimated to earn as much as £100 million every year thanks to their dealings with currency exchange companies. In fact, airport bureaux de change are now understood to [...]
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Citigroup Invests in London FX Blockchain Startup Cobalt
 

Citigroup Invests in London FX Blockchain Startup Cobalt

Citigroup Inc recently announced that it was investing in forex trading blockchain company, Cobalt. Furthermore, former Nasdaq NLX CEO Charlotte Crosswell is also moving in as a strategic advisor to Cobalt DL and her focus will be on long term [...]
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