Social networking giant Facebook released a white paper on their cryptocurrency project Libra on June 18, and announced that Libra would go live in the first half of next year. As of present, the popularity of virtual currencies and blockchains has risen again, and Bitcoin has seen several surges, s[……]
Could Hong Kong find itself at the Center of the “Next Financial Crisis”？
In the past year or so, the US economy has been volatile yet strong, with interest rates rising more quickly and aggressively than previously thought. The general sense has been one of worry, and in particular, the market is concerned that every cycle of a US interest rate hike is followed by a fina[……]
Post-Inauguration: What’s Next for the Mexican Peso?
Andres Manuel Lopez Obrador, better known as AMLO, became the new president of Mexico on December 1st. After being a candidate three separate times, the leftist politician finally was able to give the inaugural Presidential speech in Congress last Saturday. What’s next for the country, and the Mexic[……]
A Strong Economy vs. A Weak Exchange Rate: What Happened to India?
Recently, the Indian rupee resumed its downward trend, with the rupee at a record low of 74.56 per US dollar on October 7, 2018. The rupee has been falling since the beginning of the year and has[……]
FX CRM—An Essential Tool for Forex Brokers
With the increase of the number of foreign exchange brokers, competition within the industry is exceedingly fierce. What’s a forex broker to do to rise above the fray? Having great customer relationships[……]
What’s Causing the Rash of Mergers and Acquisitions in the FX Industry?
Tightening regulations, lowering operating costs, projecting a global presence and maintaining credit access are some of the motivating factors in the FX industry to consolidate via mergers a[……]
Join the Crypto Revolution with Tier1FX and Fortex Technologies
Fortex announced today that DMA/STP broker Tier1FX now offers Crypto CFD trading on the Fortex platform. The most popular crypto currencies—Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple—are now available to trade as CFD, and clients can jump in to this innovative and volatile market using the[……]
The Mexican Peso’s Wild Ride in 2018
What is guiding the sentiment in the currency market in Mexico these days? The answer is not straightforward, with many factors impacting the fluctuations the Mexican peso has experienced throughout 2018.
2018 Presidential Elections
Earlier this year, pre-election concerns about Andres Manuel[……]
Cryptocurrency. What’s it all about?
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography (secret codes) to secure financial tra[……]
Starting a foreign exchange brokerage? Here are 7 things to consider.
For both retail investors and institutions, the foreign exchange market is full of lucrative temptations. Some trade as a side business at home, others partner[……]