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Market report for the 11th of January

In today’s Forex session, Gold has been on the move these last couple of days, especially with President’s Trump inauguration only 9 days away. Analysts are expecting gold to have several levels, and since there…


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Market report for the 10th of January.

In today´s Forex session, a nervous feeling is starting to get to the Pound, once again the fear of a hard Brexit made the EUR/GBP trade at the 0.8700 level. This is still consequences from…


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Market report for the 9th of January.

In today´s Forex session, days after the release of the non-farm payroll figures, the market has started to settle down. The FTSE 100 is making record highs around the 7240 levels, this figure was reached…


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Market report for the 6th of December

In today´s Forex session, all the talk amongst traders is the Non-farm payroll figures, analysts stated that they were solid, in almost all accounts. In November, there was a 204,000 rise in payrolls, and in…


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Market report for the 5th of January

In today´s Forex news. In the UK, the service sector is the largest, analysts expected a growth score of 54.7, but instead they got a 56.2, breaking all expectations, once again the UK shrugging off…


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Market report for the 4th of January

In today’s Forex session, we are seeing the results of the second day of trading in 2017, the Fed´s decision to hike the rates by 25 bps has been a pusher for the still strong…


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Market report for the 3rd of January.

In today´s Forex session, in commodities crude oil prices are up, but this week it’ll be very interesting because we will be able to see if OPEC members are implementing the agreement or not. This…


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Market report for the 28th of December

In today´s Forex session in Japan, the Yen started gaining against the strong dollar at the start of the session, on its way to their hoped mark of 120.00. this gain may be attributed to…


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Market report for the 27th of December

In today´s Forex session, In Italy, the oldest bank in the world Monte dei Paschi di Sienna failed to win private funding over the holidays, this may open the path for the privatization of the…


Warnings

  • marketsdlClone websites trafficking in stolen client data

    Back in 2014, brokers all around began seeing clone broker websites, called this way since scammers impersonate legitimate broker firms and offered trading in foreign exchange. After 2 years scams continue to appear and you must be aware of their tactics, since they transform and update every day. Consequences to falling into these fake brokers…

  • alfatradeWARNING: Alfa Trade dealing in stolen customer information

    ONTARIO- One of the thirteen regional financial regulators in Canada, Ontario Securities Commission (OSC) has exposed again Nemesis Capital Limited, who operates as Alfa Trade to their list of companies that you must not do trade with. The OSC is seeking to defend investors and promote fair and efficient markets in the area. Alfa Trade…

  • imgpsh_fullsizeTradingBanks and MXTrade Collude to Run a Ponzi Scheme.

      We often hear stories from clients that have been defrauded by a broker.  Most of the time, it ends up being a case of mistakes in trading that leave investors licking their own wounds. But not this time. We started hearing rumblings a few weeks ago from multiple readers claiming that TradingBanks had stolen…

  • vault-optionsUS Regs close two binary options providers

    Vault Options and Global Trader 365 fined over $4.5M US regulators continue their unwavering actions against firms that unlawfully operate binary option firms catering to US clients.  The US Commodity Futures Trading Commission CFTC has fined two binary option brokerages in its latest round of actions.  The US financial watchdog has found that the two…

  • exentialExential Group shut down by Regs

    Dubai regulatory body shuts down Exential Group Exential Group, a managed Forex fund running out of Dubai’s Media City has been shut down by the UAE’s financial regulators as they investigate whether or not the company was running a Ponzi scheme.  The company promised to returns up to 125% on investments as little as $20,000. …