TraderRyan
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GBP/USD to reach five-year resistance line at 1.3175 – Commerzbank
GBP/USD rises to 1.3130, up 0.26% on a day, and is on course for the five-year resistance line at 1.3175, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, reports.
Key quotes
“GBP/USD has maintained upside pressure and is poised to reach the 1.3175 the 2015-2020 downtrend. The
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Clone of UK Broker ETX Capital Draws FCA Attention
Photo: Bloomberg
The Financial Conduct Authority (FCA) on Wednesday exposed another fraudulent entity, this time bringing to light a clone that has been posing as London headquartered, FCA regulated brokerage ETX Capital.
The FCA alleges that the copycat broker has chosen to operate under the b
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Lykke Updates APIs to Enhance HFT, Algorithmic Crypto Trading
Photo: Lykke
Swiss blockchain company Lykke has updated its trading API to help users connect their algorithms to the cryptocurrency exchange. The company also said they have improved the overall performance of the algo trading APIs by optimizing different areas such as: reducing data backlogs, pr
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GMO Click’s July FX Volume Dips as COVID-19 Volatility Vanishes
Photo: FM
GMO Click, a Japanese forex broker, has published its monthly trading volume, showing a correction in the demand for foreign exchanges among traders.
For July 2020, the FX Neo platform recorded a total exchange volume of 105 trillion yen in foreign currencies, compared to 124 trillion ye
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Japan’s FSA Head Alerts Against Rising Crypto Trading
Photo: FM
Ryozo Himino, the newly appointed commissioner of the Japanese Financial Services Agency (FSA), has recently voiced his concerns over the regulatory slack on cryptocurrency trading.
“Deregulating bitcoins and other cryptocurrencies may not necessarily promote technical innovation, if doi
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CySEC Settles with Rodeler for €280,000
Photo: FM
The Cyprus Securities and Exchange Commission (CySEC) has announced on Wednesday about its settlement with Rodeler Ltd for €280,000 for “the possible violation of the Investment Services and Activities and Regulated Markets Law of 2017.”
The settlement has been made as the CySEC-regulate
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Saxo Bank Reports MoM Decline in FX Volumes in July
Photo: Bloomberg
Multi-asset broker Saxo Bank has reported a slump in foreign exchange (forex) trading volumes for the month of July, joining a list of trading providers to report a drop from the unexpected surge seen in June of 2020.
Across the month of July, the Danish broker recorded a monthly
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The Number 30
30 days in a month. 30 teeth in a cat’s mouth. 30th November is Computer Security Day. But now…something more special about number 30 for us, the Follow Me family…you can win up to USD 30 by sharing notes via the #TradeNotes# Challenge! It's running up to Aug10th, so all you need to do is post notes
Pull-up Update
