Search Results for: Brokers
The destruction of the euro
October 26th, 2020
The Eurozone is bust. The deterioration of TARGET2 imbalances have been hardly noticed, but in recent months it has been alarming. Despite official denials over the years that it is a matter of concern, it is increasingly obvious ...
Deliveries of oil products resuming slowly
October 22nd, 2020
EU countries gradually and partially lifted Covid-19 containment measures between May and August. As restrictions on air traffic and the movement of people relaxed, the use of common transport fuels started resuming from the low levels registered in March ...
$1.2 Million penalty imposed in Forex trading scheme
October 20th, 2020
The Commodity Futures Trading Commission (CFTC) has issued an announcement to inform that the U.S. District Court for the Eastern District of Pennsylvania entered an order of default judgment finding that Michael Salerno of Chadds Ford, Pennsylvania, and his ...
EU Leaders Say the UK Needs to Make some movements towards the agreement, while the pound is falling sharply
October 20th, 2020
The pound fell sharply against the dollar. EU leaders did not work intensively with the UK to reach a trade deal. They are required from Britain to make the needed moves to secure an agreement. EU leaders are ...
The emerging evidence of hyperinflation
October 15th, 2020
Note: all references to inflation are of the quantity of money and not to the effect on prices unless otherwise indicated. In last week’s article I showed why empirical evidence of fiat money collapses are relevant to monetary ...
Spotware Partners with Broctagon to Offer cTrader White Labels
October 12th, 2020
Spotware, a leading Fintech and trading solutions expert, has announced its partnership with Broctagon, making the LP a specialist provider of cTrader White Labels. For Broctagon Fintech Group, offering cTrader solutions in combination with their liquidity products means brokers ...
Bears Underway on EURAUD – Elliott wave analysis
October 7th, 2020
EURAUD is bearish, however, sideways price activity since June of 2020 can be part of a corrective pause within a bigger trend. We are talking about a complex, W)-X)-Y) pattern in 4, where price can look for resistance at ...
Breaking: FCA bans the sale of crypto-derivatives to retail consumers
October 6th, 2020
The FCA has published final rules banning the sale of derivatives and exchange traded notes (ETNs) that reference certain types of cryptoassets to retail consumers. The FCA considers these products to be ill-suited for retail consumers due to the ...
Euro area unemployment at 8.1%
October 2nd, 2020
In August 2020, the euro area seasonally-adjusted unemployment rate has continued to rise for 5 consecutive months, reaching 8.1%. The same trend has applied to the EU unemployment rate that reached 7.4% in August 2020. These figures are published ...
Bitcoin posts a 66-day consecutive streak above the $10K price range
October 2nd, 2020
The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a record 66 consecutive days. Meanwhile, the network has surpassed 18.5 million bitcoin issued, as the ...
