FXOpen Halts UK CFDs Trading as FCA Bans Imposes BanBroker News

FXOpen Halts UK CFDs Trading as FCA Bans Imposes Ban

Crypto Brokerage firm FXOpen has been forced to cease offering Crypto derivatives (CFDs) in the UK. The decision comes after…

What is scalping, and how useful is this trading strategy?Education

What is scalping, and how useful is this trading strategy?

Scalping is a trading strategy that involves making multiple trades in a short period of time, with the aim of…

API Inspection Reports Draw in Crude InventoryCommodities

API Inspection Reports Draw in Crude Inventory

Ahead of the new year’s holiday, API inspection reports a bigger-than-anticipated draw in crude oil inventory. For the period ending…

Pound Firms Ahead of the Transition Period’s EndForex

Pound Firms Ahead of the Transition Period’s End

The sterling pound managed to make significant strides against the USD for the day. This comes ahead of the end…

Litecoin fell by 0.09% Wednesday. What about Ethereum?Cryptocurrencies

Litecoin fell by 0.09% Wednesday. What about Ethereum?

The Crypto market fluctuated during Wednesday’s session. Litecoin declined slightly, while Ethereum managed to gain. Overall, it was a mixed…

Asian Market Cheers on US Stimulus Package, Nikkei SurgesNews

Asian Market Cheers on US Stimulus Package, Nikkei Surges

The risk-on sentiment is yet again crippling back to the center stage.  Along with the approval of the long-awaited stimulus…

ECB to Raise Interest Rates if NecessaryEconomy

ECB to Raise Interest Rates if Necessary

Jens Weidmann, Bundesbank President, cautioned eurozone governments to increase public debt to support their economies during the pandemic. Moreover, he…