Category Archives: Forex News


The Financial Commission ‎Warns Against FX Follow-Up Scams

The Financial Commission (FinaCom PLC) warned ‎investors against companies or associations that approach victims of forex ‎traders claiming that, for a fee, they can help them recover the sums invested ‎or the losses incurred on unlawfully FX trading platforms.‎ Discover credible partners and premium clients


Fed’s Bostic crossing the wires

Fed’s Bostic has been crossing the wires in the US session, supporting the recent bullish outlook for the US economy and the Fed’s hawkish rhetoric of late. Fed’s Bostic: Things are continuing to look pp, citing the GDP Tracker. Fed’s Bostic: The Fed carefully calibrating return


Oil soared on a surprise US inventory drawdown

Oil surged on an unexpected US crude inventory drawdown. Oil is also helped by a slump in USD amid rising equities, softer yields. Crude oil/WTI is now trading around 62.90, in  the New York session, soaring by 2% on a surprise crude inventory drawdown and a


EUR/USD´s recovery loses momentum

EUR/USD retreats from its daily highs, but holds on to daily gains. Macroeconomic data being ignored, sentiment still leading the way. The EUR/USD pair regained the 1.2300 level, as despite EU data was generally negative, while US one came upbeat, major pairs are being led

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WTI firmer, moves north of $62.00 on EIA

Crude oil prices test highs above $62.00 on EIA report. Oil supplies dropped last week vs. a forecasted 1.8 mbpd build. Baker Hughes’ US oil rig count next on tap on Friday. Prices of the barrel of the West Texas Intermediate are navigating the area


Boursotrade Regains CySEC License After 11-Month Suspension

The Cypriot financial regulator today said it has lifted its suspension that was handed down last year on the CIF license of ‘Boursotrade Ltd’, which operates several brands, according to a decision being made at the meeting dated February 12, 2018. Discover credible partners and