Gold Price Forecast: Path of Least Resistance May Be Lower on Real Yields Woes
The rebound in U.S. real yields, coupled with the recent recovery of the U.S. dollar, is likely to act as a bearish catalyst for gold prices in the near term. Read More
GBP/USD Latest: UK Data Empowers Sterling, FOMC Minutes Near
Sterling has more than held its own in the foreign exchange market this week, supported by better-than-expected economic data. Up next, the latest FOMC minutes. Read More
European Equity Update: Strong Performers FTSE and DAX Head Lower
The DAX and mainly the FTSE have outperformed the largest indices since October 2022, however, signs of fatigue point to pullbacks in both benchmarks Read More
Why TMS Network Emerges as a Strong Contender in the Crypto Market as PancakeSwap and Oasis Network Experience Volatility
The post Why TMS Network Emerges as a Strong Contender in the Crypto Market as PancakeSwap and Oasis Network Experience Volatility appeared first on Coinpedia Fintech News The cryptocurrency market […]
Japanese Yen Outlook: USD/JPY Probes 135 as BOJ Implements YCC
USD/JPY preps for the upcoming FOMC minutes after a BOJ focused morning. Read More
EUR/USD Susceptible to Further Losses Below the 1.0665 Level
EURUSD trickled lower following the European open with improving German Ifo data unable to entice Euro bulls. Can the FOMC minutes or improving sentiment arrest the slide? Read More
kACE’s New OMS to Support Foreign Exchange Options Markets
<p>kACE, a product brand for solutions provided by <a href=”https://www.financemagnates.com/tag/fenics/” target=”_blank” rel=”follow”>Fenics Software Limited</a>, has announced the start of its newest order management system (OMS) for the foreign exchange (FX) options market, dubbed kACE OMS.</p><p>kACE OMS Enters the Market</p><p>kACE OMS stands out by providing the essential features that FX options trading desks require to utilize internal and external liquidity and […]
Another Director of $180m FX Ponzi Scheme Faces 10 Years in Jail
<p>The Australian Securities and Exchange Commission (ASIC) informed on Wednesday that David Sipina, a former Courtenay House Director, was charged with criminal offenses relating to the $180 million foreign <a href=”https://www.financemagnates.com/terms/e/exchange/” class=”terms__main-term” id=”b5da6e64-2afe-421d-9b81-16404b7d59d6″ target=”_blank”>exchange</a> (FX) <a href=”https://www.financemagnates.com/tag/ponzi-scheme/” target=”_blank” rel=”follow”>Ponzi scheme</a>. The maximum penalty he faces for his misconduct is ten years in prison and a financial fine of $810,000.</p><p>ASIC Bring […]
Euro Steadied the Ship Ahead of CPI as Treasury Yields Leap. Lower EUR/USD?
The Euro backed away from recent lows against a US Dollar seeking to reclaim the ascendency with higher Treasury yields underpinning it. Will EUR/USD break the range? Read More
Finalto Enhances Offering with New NY4 Server, Expanding to SG3 Next
<p>Finalto is enhancing its offering with the addition of a New York-based <a href=”https://www.financemagnates.com/terms/l/liquidity/” class=”terms__main-term” id=”47c3bef3-27ee-4953-8504-159e1b829b33″ target=”_blank”>liquidity</a> pool and <a href=”https://www.financemagnates.com/terms/d/data-center/” class=”terms__secondary-term” id=”15e21ee2-47b7-466a-8723-403e3053c1b2″ target=”_blank”>data center</a>, NY4, that will significantly cut down the latency experienced by its global clients in receiving price quotes. Besides, the company is expecting the <a href=”https://www.financemagnates.com/thought-leadership/finalto-commits-to-growth-in-asia/” target=”_blank” rel=”follow”>addition of an SG3 server</a> in mid-2023.</p><p>Finalto Adds NY4 […]