Marked as a notable recovery from its decline in 2022, when the British pound was $1.03 against the US dollar, it traded around $1.32 during the week of 26 August 2024. Analysts reportedly expect the Bank of England (BoE) to keep interest rates unchanged. Reuters cited Nick Rees, a senior market analyst at Monex Europe,…
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Previously, converting Bitcoin Cash (BCH) to ETH on Kraken took two different trades and with the new BCH/ETH conversion pair, it can be done directly. The new addition expands Kraken’s total number of trading pairs to 155, including more traditional FX trading pairs Kraken launched about six weeks ago. The exchange added the new pairs…
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ActivTrades’ Senior Analyst Ricardo Evangelista has prepared for LeapRate his market analysis on Brexit. See details below: Market Analysis on Brexit Almost three and a half years have passed since the 23rd June 2016 referendum that took most by surprise, revealing a majority supporting the separation of the UK from the European Union. Since then,…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for October 25, 2019. See details below: FOREX/BREXIT For the second consecutive day, the pound is falling against other currencies and currently trades at $1.2830. Having touched $1.30 earlier in the week, this represents a fall of more than 1.5%. The latest…
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eToro UK markets analyst, Adam Vettese, has provided his daily commentary on traditional and crypto markets for September 3, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Bitcoin Network Prepared for Bakkt Launch: Physically-settled bitcoin futures contracts are set to launch this month. Bitcoin’s hash rate continues…
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Warsaw Stock Exchange (GPW) the biggest securities and derivatives exchange in Central and Eastern Europe today announced that the exchange's Management Board has successfully launched GBP futures on the main market. Małgorzata Zaleska, President of the Warsaw Stock Exchange said: The decision to introduce GBP futures is yet another step in making GPW’s offer more attractive…
Read moreDMM FX Australia, who is closing up shop this summer as reported by LeapRate back in May is taking no extra risks before winding down. Today they notified current clients that due to an increased risk following the Brexit referendum and to further protect clients’ positions during this event, trading will be suspended from 07:10hrs (server time) for…
Read moreThe Belize IFSC regulated RoboForex division announced today limitations on leverage across, MT4, MT5 and cTrader platforms on GBP instruments, as well as "Close only" notifications for MT4, MT5. As traders know, the June 23rd 2016, UK referendum is approaching for "Brexit", on the country exiting the European Union (EU). Therefore, all currency pairs with the British…
Read moreTier1FX, a Malta Financial Services Authority regulated forex brokerage announced this week in order to prepare for the expected increase in volatility surrounding the June 23rd “Brexit” referendum in the UK, as well as to offer better protection of client’s assets, Tier1FX will temporarily adjust the margin requirement for the all GBP FX pairs, as…
Read moreToday globally regulated brokerage firm Admiral Markets announced they will issue temporary changes in its trading terms regarding GBP currency pairs and FTSE100 instruments, lasting from the session opening Monday, 20 June until 12:00 pm EET, 27 June. Margin requirements for all currency pairs with the pound sterling (GBP) and FTSE100 index CFD will increase by five times…
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