A Paxful Financials (Broker) user complained on WikiFX about a firm's ignorant behavior. The complainant was defrauded and lost 65.45 USD. He reported directly to the Paxful Financials
During Thursday's early European session, there is still some selling pressure on the US dollar (USD). Weekly Initial Jobless Claims, the Philadelphia Fed Manufacturing Survey for April, and March data on Existing Home Sales are all available on the US economic calendar. During American trade hours, a number of Federal Reserve (Fed) policymakers are expected to give lectures.
The foreign exchange market, often known as the currency market, FX is a worldwide decentralized over-the-counter (OTC) market where currencies are traded. The foreign exchange rates for each currency are set by this market. It covers every facet of purchasing, selling, and converting currencies at established or current rates. It is by far the biggest market in the world in terms of trade volume, with the credit market coming in second.
After Israel's retaliation, currency markets face volatility, reflecting geopolitical tensions and influencing global currency forecasts.
According to ASIC's official website, ASIC has decided to cancel the Australian Financial Services (AFS) license of JB Markets Pty Ltd (JB Markets) effective from 12 April 2024.
Pay notice, investors. Avoid Forexeze's clone firm. The UK's Financial Conduct Authority (FCA) warned against Forexeze's imitation firm. If you are involved in the Forex market, you must visit the FCA's website daily or WiKiFX, as we regularly update which firms have been deemed unauthorized by the FCA.
Morgan Stanley was fined $90,000 for failing to supervise employee trading activities on NEX SEF, underscoring the importance of robust oversight in financial markets.
TradingView enhances its offerings with the addition of options data from India's National Stock Exchange.
For a deeper understanding of why investors make irrational decisions, considering the human brain and its responses to pleasure and pain is enlightening.
After rising more than 4% the week before, gold maintained its positive momentum and reached a new all-time high above $2,350 at the weekly beginning. The European economic schedule will include Sentix Investor Confidence data for April, and on Monday there won't be any high-impact data releases in the US agenda.
Major currency pairings move in predictable ways early on retreat in anticipation of fresh stimulus. During the European session, the European Central Bank (ECB) will release the Bank Lending Survey data. The RealClearMarkets/TIPP Economic Optimism Index for April and the NFIB Business Optimism Index for March will be included in the US economic docket later in the day.
The robust inflation figures released on Wednesday led to significant gains for the US Dollar (USD) relative to its competitors. Following the conclusion of its April meeting on Thursday, the European Central Bank (ECB) will make announcements regarding its monetary policy. Meanwhile, the US economic docket will include the Producer Price Index (PPI) figures for March along with the weekly data on Initial Jobless Claims.
The Central Bank of Nigeria (CBN) should issue a directive mandating non-oil exporters to hold foreign currencies for a minimum of 48 hours, according to a proposal made by the Association of Bureaux de Change Operators of Nigeria (ABCON).
In a distressing turn of events, Mr. Ninonuevo, a 54-year-old investor from the Philippines, finds himself embroiled in a financial quagmire after transferring his accounts from Vllado to Orfinex, only to face rejection of Know Your Customer (KYC) procedures and subsequent withholding of funds by the latter. This alarming revelation has left Mr. Ninonuevo and other members of Intersphere Enterprises (ISE) in a precarious position, unable to access their transferred funds as initially promised by Orfinex.
After a puzzling hiatus, prop trading giant The Funded Trader resurfaces with cryptic signs of a potential relaunch, amidst mounting user concerns and a cloud of uncertainty.
A user from India filed a complaint against FazoFx. The complainant wrote, “In February, I got a random call. He asked me to open an account with FazoFx. He said he would handle my account, and profit sharing would be 50%.
Binance, the world's leading exchange, secures a pivotal license in Dubai's cryptocurrency landscape, shaping the future of regulation.
Explore how hedge funds increase gold investments as inflation rises, with prices reaching record highs and predictions exceeding $2,600 by 2025.
eToro, an online broker, introduced 509 stocks and ETFs to its huge investable pool.
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