Crypto Gator | The Best Cryptocurrency, Blockchain and Forex News Aggregator
The Best Cryptocurrency, Blockchain and Forex News Aggregator
Spot foreign exchange on the Moscow Exchange (MOEX), Russia’s largest exchange group, declined 10% month-over-month (MoM) in April to RUB 7.6 trillion ($96 billion). This tallies with drops in spot FX volumes across major trading venues in other regions. However, compared year-over-year, the exchange’s spot FX trading grew 8.1%, with swaps and forwards volumes reaching RUB 14.3 trillion ($180.5 billion). […]
The Dow Jones, S&P 500 and Nasdaq 100 plunged after the Fed rate decision, Powell’s press conference, and another troubled regional bank, PacWest, deteriorated sentiment. Where to? Read More
The gold price jumped toward record highs today as the market deciphers the implications of the Fed rate decision, lower Treasury yields and a soft US Dollar. Where to for XAU/USD? Read More
The US Dollar descended again today after the market perceived the Fed to have delivered a dovish hike in rates. Crude went into a tailspin while gold found new legs. Will USD break lower? Read More
Compagnie Financière Tradition (CFT), a Swiss interdealer broker and operator of a Japanese retail broking giant, released its financials for the first quarter of 2023, reporting a consolidated revenue of CHF 271.6 million. It jumped 9.6 percent from the previous year’s CHF 247.7 million. At a constant exchange rate, the year-over-year increase touched 14.3 percent. CFT Had a Strong Start […]
StoneX Group (Nasdaq: SNEX), which owns Forex.com and City Index brands, ended the three months between January and March with a decline of 38 percent in revenue from its forex and contracts for difference (CFDs) units. Strong Pullback in FX/CFDs Demand According to the recently filed Form 10-Q with the Securities and Exchange Commission (SEC), StoneX generated $61.8 million in […]
Bitcoin price may have recovered from the collapse of the FTX crisis, but its fallout continues to reverberate across the crypto industry. As participants seek ways to regain the institutional trust that the current crisis has created, and avoid the next one, one of the theories being advanced is the potential for prime brokers to develop and maintain credit relationships. […]
AUD/USD is trading at a key inflection point as the Aussie dollar faces a weakening USD while risk aversion takes hold. Where to next? Read More
The Federal Reserve raised rates by 25 basis points as expected yesterday but the US hiking cycle may well be over. Next up the ECB. Read More
HFM Hires Markets.com’s Yaqub Tale as Country Head in KenyaHFM, a retail forex and CFDs brokerage that recently rebranded from HotForex, has appointed Yaqub Tale as its Head of Country in Kenya. Tale until the appointment was a Regional Business Consultant for East Africa at online trading provider, Markets.com, for nearly two years.Tale, who brings about five years of trading […]