Search Results for: US
AUDUSD Expects to See More Upside Activity – Elliott wave analysis
November 26th, 2020
On the 4h chart of AUDUSD we can see market trading in a bullish price move, commonly named an impulse. An impulse is a five-wave move, that trades into the direction of the stronger trend (in our case to ...
Pound climbs as UK business secretary talks Brexit trade deal ‘progress’
November 19th, 2020
The pound has continued to make a steady climb against the US dollar on Wednesday, after the UK business secretary Alok Sharma provided updates on the nation’s “progress” on sealing a Brexit trade deal with the European Union (EU). ...
Waiving VAT and customs duties on vital medical equipment
November 18th, 2020
The European Commission waives customs duties and VAT on the import of medical equipment from non-EU countries. The European Commission had already in April 2020 published a decision helping Member States affected by the coronavirus pandemic to temporarily suspend ...
Cyprus Investment Firm fined; The reason?
November 16th, 2020
The Board of the Cyprus Securities and Exchange Commission (the ‘CySEC’) has issued an announcement to inform for the imposition of an administrative fine to a Cyprus Investment Firm (CIF). In accordance with the announcement, the CySEC at its ...
Impact of COVID-19 on household consumption and savings
November 11th, 2020
In the second quarter of 2020, the EU household saving rate recorded its highest year-over-year increase since the time series began at +10.8 percentage points (pp). The main reason behind this was a marked 17.3% year-on-year decline in household ...
iSignthis released Business Update
October 27th, 2020
iSignthis announced its 6th consecutive positive quarterly operating cash flow contained in the Appendix 4C and its quarterly business activity report. The Company is profitable, with more than 110 staff between Australia, UK, Lithuania, Cyprus, Malta, Netherlands, and Israel. ...
The Euro US Dollar exchange rate is pushing higher
October 21st, 2020
The Euro US Dollar (EUR/USD) exchange rate is pushing higher on Wednesday for a fourth straight session. The pair settled +0.5% higher at US$1.1821 in the previous session, towards the upper end of the daily traded range. At 07:15 ...
Ruble’s slump has killed hopes of further rate cuts in Russia
October 6th, 2020
Traders are betting that the Bank of Russia will put interest rate cuts on hold after the ruble’s 9% slump against the dollar in the past three months. Forward-rate agreements, which have been predicting more monetary easing for most ...
Fondex Adds Paytrust88 to its Funding Methods to Facilitate Asian Market Deposits
September 30th, 2020
Fondex, the multi-award winning and regulated online CFD broker, has announced a new addition to its various account funding methods in the face of Paytrust88. Paytrust88 is a reputable payment provider, specialized on the support of Asian market payments. ...
CySEC announced settlement for €270.000 with a Cyprus Investment Firm
September 29th, 2020
The Cyprus Securities and Exchange Commission («CySEC») has issued an announcement to inform that a settlement has been reached with a Cyprus Investment Firm. CySEC, under article 37(4) of the Cyprus Securities and Exchange Commission Law of 2009, has ...