FOREX TODAY: AFTER THE CPI-DRIVEN USD RISE, ALL EYES ARE ON THE ECB'S POLICY PRONOUNCEMENTS.
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.
FOREX: CBN MAKES DEMANDS ON BUREAUX DE CHANGE OPERATORS
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).
Investor Scammed as Orfinex Withholds Funds and Negligently Trades Accounts
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.
The Funded Trader: Relaunch or Closure?
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.
"Fake broker, Fake website" User accused
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 Secures Key License in Dubai's Crypto Hub
Binance, the world's leading exchange, secures a pivotal license in Dubai's cryptocurrency landscape, shaping the future of regulation.
Hedge Funds Boost Gold Investments Amid Inflation Surge
Explore how hedge funds increase gold investments as inflation rises, with prices reaching record highs and predictions exceeding $2,600 by 2025.
eToro Added 509 Fresh Stocks and ETFs
eToro, an online broker, introduced 509 stocks and ETFs to its huge investable pool.
WikiFX Broker Assessment Series | Is Thaurus Okay to Invest in?
This article is about a broker called Thaurus. Is this platform trustworthy? WikiFX made a comprehensive review of this broker, hoping you have a clue to make a wise decision.
PSEi Rallies Amid Rate Cut Hopes; Peso Dips Slightly
PSEi climbs back over 6,500, boosted by rate cut expectations and the IMF's optimistic growth forecast, while the peso sees a minor decline.
EXPERT-OPTIONTRADE IS A RED FLAG
The Financial Conduct Authority (FCA) warned the public regarding EXPERT-OPTIONTRADE. The FCA stated that EXPERT-OPTIONTRADE is not authorized by the authority
Binance Elevates Dubai's Crypto Status with Full VASP License
Binance acquires a full VASP license in Dubai, enhancing its commitment to regulated growth and innovation in the crypto market.
Dubai Defies Nature's Fury: Global AI and Blockchain Shows Shine Through Adverse Weather
Following a resounding success, VAP Group is thrilled to announce the triumphant conclusion of the inaugural editions of the Global AI Show and the Global Blockchain Show, held on April 16 and 17, 2024, at Grand Hyatt, Dubai.
As Soaring Gold Prices Spark Enthusiasm，WikiFX Helps You Avoid Illegal Platforms’ Traps
With the changing expectations of the Federal Reserve’s monetary policy and the escalation of geopolitical tensions, global gold prices have continued to rise recently, reaching all-time highs. The gold price has risen by over 9%, demonstrating the most robust monthly growth since July 2020.
Rupee off record low on likely c.bank intervention, Iranian official's comment
MUMBAI, April 19 (Reuters) - The Indian rupee recovered after slipping to a record low on Friday, on
Vantage starts a new podcast on Spotify
Vantage, the renowned media company, recently launched a new podcast on Spotify. The podcast aims to delve into a wide range of topics, from technology trends to business insights. Vantage's podcast is set to offer valuable content to its audience.
FCA issued warning against FX-COINTRADE
The Financial Conduct Authority (FCA) issued a warning against a firm called FX-COINTRADE. The FCA has cautioned the public not to invest with this unauthorized broker.
Interactive Brokers Launches CFD Trading in Japan
Interactive Brokers expands its offerings in Japan, adding leveraged CFDs for US stocks and ETFs, enhancing trading strategies for its clients.
Cyprus Regulator on a License Suspension Marathon
Recently, the Cyprus Securities and Exchange Commission (CySEC) issued statements regarding the suspension and revocation of licenses for three investment firms in accordance with The Investment Services and Activities and Regulated Markets Law.
MetroTrade Now NFA Member & CFTC Introducing Broker
MetroTrade LLC's recent registration with the CFTC as an introducing broker and its NFA membership signify a significant development, as the company prepares for a summer launch to offer traders access to the CME Group's U.S. futures exchanges.