Crypto Gator | The Best Cryptocurrency, Blockchain and Forex News Aggregator
The Best Cryptocurrency, Blockchain and Forex News Aggregator
US equities have struggled to clear past their recent highs even as the US Federal Reserve hinted at a pause in the hiking cycle. As the earnings season draws to a close, banking sector concerns appear to be taking center stage, posing a risk to the multi-week uptrend. Read More
Total volumes of spot foreign exchange traded on Electronic Broking Services (EBS) reached $52.9 billion in April 2023, CME Group disclosed on Friday. EBS is the American derivatives exchange operator’s wholesale electronic trading platform for forex trading with market-making banks.FX Link Grows, Spot FX Slumps across RegionsFinance Magnates reports that trading activities in spot FX among institutional investors weakened last […]
EUR/USD looks to be prepping for a key technical breakout that could be catalyzed by upcoming US and German inflation data. Read More
The Bank of England will announce its latest monetary policy decision next Thursday with a 25bp Bank rate hike already fully priced-in. What Governor Bailey says post-decision will be key. Read More
Brokeree Solutions, a trading technology provider, has enhanced its social trading solution by launching a mobile application for the service. As detailed to Finance Magnates, the mobile application will have all the features of the desktop version. Brokeree Solutions Enhances Social Trading Experience “With the Social Trading Mobile app, brokers may offer their clients a new level of interaction, allowing […]
The Australian Securities & Investments Commission (ASIC) issued a notice on Wednesday, calling out investment product issuers and ordering them to ‘lift their game’ around design and distribution obligations (DDO). ASIC Finds Lapses in Financial Products’ DDO It came as the Aussie regulator found target market deficiencies in the offerings of several investment product issuers. The regulator highlighted that it […]
Massachusetts’ securities watchdog will appeal against a ruling delivered last year in favour of Robinhood following its enforcement action against the online brokerage in December 2020. Massachusetts Secretary of State, Bill Galvin, and Robinhood will argue the validity of the regulator’s fiduciary duty rule at the Supreme Judicial Court of Massachusetts, Reuters reported on Wednesday.Regulator Appeals Case at Supreme CourtGalvin […]
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