No Thumbnail

Belgian Watchdog Issues Warning Against OneCoin

Photo: Finance Magnates Belgium’s Financial Services and Markets Authority (FSMA) has issued a warning to the public that neither OneCoin nor the persons promoting OneCoin have been recognized or authorized by the regulator. The FSMA says that certain people have recently been promoting the cryptocurrency in

cash-334064_Small-be7fe84639ed912fabf058e6ab53940020c95022

GBP/JPY depressed around 130.00

The bearish note around the Sterling plus the increasing buying interest in the Japanese currency has dragged GBP/JPY to fresh lows around 128.80. GBP/JPY weaker on ‘Brexit’ The cross saw its decline intensified on Wednesday, briefly testing levels last seen in November 2012 around 128.80

euro-sign-and-european-central-bank-18160965_Small-23575382ee37328695768733e4b87610019b1eb7

EUR/USD to be at 1.09 levels in 1M – Danske Bank

Research Team at Danske Bank, suggests that they are adjusting their EUR/USD forecasts in line with what they communicated before and immediately after Brexit. Key Quotes “We now forecast EUR/USD at 1.09 in 1M (1.11previously), 1.07(1.10) in 3M, 1.10(1.14) in 6M and 1.14(1.18) in 12M.