Crypto Gator | The Best Cryptocurrency, Blockchain and Forex News Aggregator
The Best Cryptocurrency, Blockchain and Forex News Aggregator
<p>The European Parliament’s Economic Affairs Committee on Wednesday voted in favour of a draft law from the European Commission that seeks to ban payment for order flow (PFOF). The pro-ban vote clashes with the decision of EU member states to allow PFOF under specified strict conditions and in countries that chose to adopt it. </p><p>The vote has, therefore, pitted EU […]
The U.S. dollar trims losses after ISM manufacturing PMI shows a sharp increase in prices paid, a sign that it may take longer for inflation to converge to the Fed’s 2% goal. Read More
The U.S. dollar is likely to strengthen against the Japanese yen in the near term, driven by monetary policy divergence between the Fed and the Bank of Japan. Read More
<p>After recovering from holiday lows in January, institutional <a href=”https://www.financemagnates.com/terms/f/forex-trading/” class=”terms__secondary-term” id=”258a569f-bf49-4a61-a1b4-bc352d76141f” target=”_blank”>forex trading</a> activities slowed down in February 2023, data from Cboe FX and Deutsche Börse’s 360T, two of the largest institutional spot FX trading venues, show.</p><p>According to <a href=”https://fx.cboe.com/products/hotspot_volumes.jsp” target=”_blank” rel=”follow”>figures from Cboe FX</a>, the American spot FX <a href=”https://www.financemagnates.com/terms/t/trading-platform/” class=”terms__main-term” id=”f85800b2-ccf5-4f50-9e8e-780d32afc6f6″ target=”_blank”>trading platform</a> handled a total trading […]
The FTSE 100 has shared in a global move into riskier assets on hopes that China’s post-Covid economy is firing up Read More
German inflation data has remained elevated, placing more pressure on the ECB to raise rates and take a more aggressive stance towards rampant price pressures. Read More
<p>The Polish Supreme Administrative Court (NSA) dismissed the cessation appeal filed by XTB (<a href=”https://www.financemagnates.com/tag/xtb/” target=”_blank” rel=”follow”>WSE:XTB</a>) concerning the Polish Financial Supervision Authority (KNF) decision to impose a financial penalty of PLN 9.9 million (over $2.2 million) on the brokerage in 2018. </p><p>Penalty Imposed on XTB Upheld</p><p>According to the KNF’s press release published on Wednesday, it was the second cessation […]
Brent crude and WTI crude oil have benefitted from a risk on sentiment through positive Chinese manufacturing PMI data alongside a softer US dollar. Read More
GBP/USD remains caught between significant areas of support and resistance. Meanwhile UK mortgage data continues to struggle declining for a 5th consecutive month. Read More
Hong Kong’s Hang Seng Index leapt higher after Chinese PMI readings were much better than expected amid hopes that the world’s second-largest economy might stoke global growth. Read More