The US Dollar has erased the entirety of the gains from the FOMC rate decision after a not terrible NFP report. The focus shifts back to CPI for next week out of the US, with Fed-speak coming back into the equation. Read More
The U.S. economy added 261,000 jobs in October, topping expectations calling for a gain of 200,000 payrolls, a sign that the labor market remains extraordinarily resilient. Read More
<p> The UK <a href=”https://www.financemagnates.com/terms/f/financial-conduct-authority-fca/” target=”_blank” id=”4c85a54d-15e0-4e44-a214-8c55f71cb286_1″ class=”terms__main-term”>Financial Conduct Authority (FCA</a>) announced on Thursday that between July and September 2022, it intervened 4,151 times to withdraw or amend rogue financial promotions. As highlighted by the FCA, the most common breaches involved contracts for difference (<a href=”https://www.financemagnates.com/tag/cfds/” target=”_blank”>CFD</a>) providers.</p><p class=”MsoNormal”>According to the market watchdog, it is the highest number since it […]
<p>Moneta Markets has expanded its social trading offerings by adding <a href=”https://www.financemagnates.com/tag/zulutrade/” target=”_blank”>ZuluTrade</a> to its trading platform, the broker announced on Friday. The latest integration came when Moneta already offers such services with Duplitrade, another popular third-party social trading platform.</p><p>”We have always intended to offer clients access to ZuluTrade, simply because it’s the largest automated peer 2 peer social trading […]
<p>CAPEX.com, a prominent retail brokerage brand, has received in-principle approval for a cryptocurrency license from the <a href=”https://www.financemagnates.com/cryptocurrency/uaes-free-zone-regulatoroutlines-its-five-guiding-principles/” target=”_blank”>United Arab Emirates’ regulator</a>, Abu Dhabi Global Markets (ADGM).</p><p>Officially revealed by <a href=”https://www.financemagnates.com/tag/capex-com/” target=”_blank”>CAPAX.com</a>’s Founder and CEO, Octavian Pătrașcu, the new license will strengthen the brokerage platform’s cryptocurrency offerings in the lucrative Middle East and the North Africa (MENA) region.</p><p>“We are happy […]
Further signs of weakness in the Eurozone’s largest economy and a robust US dollar leave EUR/USD looking at further weakness ahead of US NFPs. Read More