The following article was written by Alejandro Zambrano, Chief Market Strategist at ATFX UK. With seven days to the January 30 Bank of England rate meeting, the rate markets are anticipating the central bank to ease the interest rate from 0.75% to 0.50% with a likelihood of 61%. Weak GDP growth and comments from the…
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The following article was written for LeapRate by Giles Coghlan, Chief Currency Analyst at HYCM The UAE’s growth outlook was lowered from 2.8% in April 2019 to 1.6% The International Monetary Fund (IMF) has revised the outlook of the UAE downward in line with cuts across the globe. As well as reductions to this year’s…
Read moreThe cryptocurrency assets under management have increased from around $680 million in January 2017 to almost $7 billion in recent months, shows a research by Morgan Stanley. The boom of cryptocurrency assets under management has soared to such high levels mainly because of heavy support and investments from venture capital firms, private equity and hedge…
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Initial coin offerings are no longer the "hot" topic in the cryptocurrency world. It seems there is a new winner - cryptocurrency hedge funds. According to PRWeb, around 90 cryptocurrency hedge funds were started in the first three quarters of 2018. The total number is expected to go to 120. It is interesting to notice…
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Bitcoin has been popular in Japan for quite some time. A lot of Japanese companies are now paying salaries in Bitcoin. And now, as of January 2018, Yamada Denki, one of the biggest consumer electronics chains in Japan, announced that it is going to start accepting bitcoin payments at two of its largest stores in Tokyo.…
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Dash, a leading e-commerce and payments-focused digital currency,is now listed on London-based cryptocurrency exchange CEX.IO, and is available to buy and sell online using a linked bank account. The partnership means Dash’s accessibility is greatly enhanced for consumers with pre-established bank accounts and debit/credit cards in most countries around the world, including 20 US states. CEX is…
Read moreIronFX's comprehensive global expansion program has resulted in the opening of many offices worldwide, with South Africa being the latest.
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