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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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Euro Climbs On Stimulus Hopes
The euro turned higher against its major counterparts in the European session on Tuesday, as hopes of a stimulus deal in Washington and news of a coronavirus vaccine lifted European shares. U.S. congressional leaders and officials in President Donald Trump's administration said on Monday they were r
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Bank of Namibia: Online FX Trading is Not Prohibited
Photo: FM
The Bank of Namibia, the central bank of the country, has recently reiterated its position on online foreign exchange (forex) trading, as protestors take to the streets after their money was withheld in relation to an FX scam.
In particular, the central bank has highlighted in a statemen
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How to protect yourself and profit during volatile market changes?
As we all know, the financial derivative market is constantly changing, and the market situation is unknown to us at any moment. This requires us to have a strong sense of self-protection in every step we take to maximize our risk resistance.In this article, we will use real-life examples to demonst
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【FOLLOWEBINAR】-Bạn đã bắt kịp xu hướng vàng hôm nay chưa?
Đồng đô la Mỹ tiếp tục suy yếu và giá vàng bạc đã phá vỡ mức cao nhất và thiết lập nên đỉnh giá mới. Bạn đã dự đoán đúng xu hướng của các loại tiền này chưa?
Trong tình hình kinh tế căng thẳng hiện nay, nếu không chú ý có thể bỏ lỡ cơ hội kiếm lời tốt, sơ suất có thể mất tất cả. Nhưng cơ hội luôn so
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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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Dollar Stabilizes after Jobless Claims, But No Rebound Yet
Sterling remain remains the strongest one for today, as it’s maintaining post BoE gains. Nevertheless, there is no apparent follow through buying after the initial surge. On the other hand, Dollar appears to be stabilizing mildly, and it’s receiving some support from better than expected jobless cla
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First Week of August - Weekly Report
2020/08/03-2020/08/07 Total Trading Orders
99,327
Compared with 90,927 orders last week, increased 8400 orders, and the increase rate is 9.23%
The forex market is unpredictable and changes so fast. There are always new faces on FOLLOWME trading data ranking lists. For the 1st week of August, the tot
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