Reduced retail sales curbs the pound
April 19, 2023 BY Steffy Bogdanova

GBP/USD Eyeing Higher Prices Ahead of Widely Watched UK CPI Data

GBP/USD Currency Pair Projecting Further Upside Kicking things off with a look at where we are on the weekly scale, buyers appear reluctant to push beyond YTD tops. Still, the weekly chart demonstrates scope to approach as far north as resistance from $1.2767, a long-term horizontal base sharing chart space with a trendline resistance from…

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Broadridge
April 18, 2023 BY Steffy Bogdanova

Broadridge introduces integrated solution with faster time to markets and reduced cots

He said: Currently, firms have several front, middle, and back-office systems that are typically integrated using numerous point-to-point connections each with their own data model, creating fragmentation and complexity. By using our unique ability to look across front, middle, and back as a whole, we are helping our clients solve pain points through trade lifecycle…

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April 18, 2023 BY Steffy Bogdanova

Weekly data: Natural gas is on the verge of the upswing

Seasonality: Another important factor for Natural gas is seasonality. The price of this commodity usually peaks in Winter (the withdrawal period) and in summer (the injection period). Now there’s a potential dip between seasonal trends, and considering a softening in the monetary policy from FED, it’s possible to see at least some pullback, which might…

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Market Analysis
April 17, 2023 BY Steffy Bogdanova

RBA Preview: AUD/USD Bearish South of $0.67

AUD/USD Technical Position: Since the beginning of March, the AUD/USD currency pair has echoed a subdued tone around the late November lows (2022) at $0.6585 on the weekly timeframe. Overhead, resistance warrants attention at $0.7020 with scope to pursue deeper terrain as far south as demand from $0.5975-0.6166. Interestingly, out of the daily timeframe, buyers…

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April 17, 2023 BY Steffy Bogdanova

Spotex hires former Coinbase exec Ivan Wong as head of APAC sales

Wong brings an extensive institutional experience in foreign exchange and digital assets with over a decade of experience in the financial industry. He joins Spotex from American crypto exchange Coinbase, where he served as Head of APAC account management. While in Coinbase, he implemented and managed cross selling and upselling campaigns across the company’s suite…

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Australia
April 17, 2023 BY Steffy Bogdanova

Sophisticated scams on the rise: Australians lose record AU$1.5 billion to investment scams in 2022

She said: As scammers become increasingly sophisticated in their tactics, it is clear a coordinated response across government, law enforcement, and the private sector is essential to combat scams more effectively. The number of scam reports received by Scamwatch reduced by 16.5% last year to 239,237, while the financial losses increased by 76% to over…

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April 17, 2023 BY Steffy Bogdanova

Kohle Capital Markets announces rebrand to KCM Trade

The firm detailed that in 2022 KCM Trade experienced many successful events, sponsorships and partnerships which led to its rapid growth. As part of its expansion plan, the company is opening new branches throughout Southeast Asia, including Vietnam, Indonesia and the Philippines and other key markets. Additionally, KCM Trade plans to increase the number of…

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