Ripple Enhances Global Presence, Launches RippleNet’s ODL in Brazil
The company has announced a partnership with Travelex Bank. In July 2022, Ripple collaborated with Fomo Pay.
MOEX Sees 18.8% YoY Dip in Fee and Commission Income during Q2
Compared to the previous quarter, the number was down by more than 24%. EBITDA in the second quarter climbed by 17%.
Rand note: ZAR/USD weakens as USD reaches parity with EUR
The rand is now trading at 17.03/USD (up from R16.97/USD on Friday), and due to the US dollar's strength, it is now almost at parity with the euro at R17.17/EUR. The local currency is not being helped by negative perceptions of both internal and foreign events.
Fundamentals trading Economic indicators
Fundamental trading refers to a trading style that is dependent on the knowledge of upcoming economic events and preparing accordingly to take advantage of the momentary swing movements in the market. It is a style of trading that can generate a huge number of pips in a relatively short space of time or can blow your account in a matter of minutes if you do not risk appropriately. Here we will break down what fundamental trading is and the economic indicators to look out for to take advantage of these swings
FOREX SHORTAGE PUTS THE ABILITY TO GENERATE EMPLOYMENT IN PERIL – CPPE
According to the Centre for Promotion of Private Enterprise (CPPE), ability to maintain and generate new jobs has been seriously threatened by the country's FX shortage. The profitability of investments in the first half of 2022 has been negatively impacted by the steep depreciation and the operation of the parallel market, which has increased by over 300 percent as a result of the official window's shortage.
3 Tricky Methods That Many Forex Brokers Cheat And Steal Your Money
As of August 19, 2022, WikiFX has exposed a lot of scammers in the forex market. These scam brokers have caused a heavy financial loss to its forex traders, we wonder why so many traders continually fall into scammers’ “trap”. In today’s article, we will describe 3 tricky methods that unscrupulous brokers prefer to use in order to take clients’ money away fraudulently.
Wintersnow Ltd Changed Its Name to GSM Ltd After Being Exposed?!
It was just last week when WikiFX reported that Wintersnow Ltd could have bought fake followers to boost its Twitter account. Unbeknownst to many, now the Wintersnow Ltd's Twitter account is gone within a week since our article. Keep reading to see what could have happened.
How to Use the Producer Price Index or PPI in Forex Trading
PPI is an essential piece of economic statistics since it signals future predicted inflation. Because of the positive association between inflation and interest rates, traders watch PPI in forex trading, but ultimately, traders are concerned with how the resulting interest rate changes are expected to affect currency pairings.
FC Bayern Announces Partnership with Libertex
FC Bayern is a prominent global football club. Libertex aims to boost its global brand awareness through the recent collaboration.
Marex Witnesses 29% YoY Jump in Net Revenues during H1 2022
Retail traders deposit and withdraw more. The number of transactions grew significantly.
FMLS – Accommodation, Travel & Safety Tips
It’s already time to look ahead and start making your travel and accommodation plans!
Your Bourse Appoints Heads for Operations, Customer Success, and Engineering Teams
The Heads are Valter Timanov, Maria Porandaikina and Sergey Rudenko, respectively. COO Kate Rutkovskaya recently resigned from the same tech provider.
CBN: EXPERTS SAY INCREASED EXPORTS WILL HELP SOLVE THE CURRENCY CRISIS.
Economic experts have encouraged the Federal government and the Central Bank of Nigeria (CBN) to devise strategies and putting an end to round tripping, since severe FX scarcity is having a negative impact on the Naira.
Crypto and the Freedom to Transact
Cashless payment, CBDCs and the Tornado Cash ban all relate to changes in how we transact. Crypto presents an alternative path that bolsters civil liberties and can co-exist with cash.
A comment about the legitimacy of online FX trading in South Africa
After responding to a parliamentary question on online currency trading, finance minister Tito Mboweni has caused some little controversy and confusion.
Esperio: Hypermarkets Battle for Sales and Investors Are at the Zenith
Key companies are reporting Q2 earnings this week. As nearly 95% of the S&P 500 companies have delivered their Q2 2022 financial reports, this week is clearly marked by the reports of large hypermarket chains.
The 5 Best Copy Trading Forex Brokers in August
Copy trading platforms are important in the forex industry. Anything traders invests in will be replicated in the user’s own portfolio-paving the way for a passive trading experience. In today’s article, we will list 5 best copy trading forex brokers in August. And you should not miss it.
Coinbase Raises Alarm on ‘Pig Butchering’ Crypto Investment Scams
Scammers use dating apps to lure victims to perpetuate this type of scam. Coinbase says it adds addresses associated with scams to its products’ blocklists.
149,961 Bitcoin Addresses Hold at Least 10 BTC
The figure has touched its highest level in 18 months. Dormant Bitcoin supply reached an all-time high on Thursday.
SGX Group's FX Revenue Surges 47% as FY22 Brings S$456M in Net Profit
SGX's OTC FX generated a revenue of S$58.4M in FY2022. The Group's total revenue grew 4% to S$1.1 billion in the period.
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