Forex Operators Show Interest In Lucrative MENA Region

The Middle East and North Africa (MENA) region is quickly becoming a hot spot for the forex market. In the past, local instability and the low oil prices have slowed down their development. However, the market is showing steady growth

Read More

Australian Brokers Fighting Back Against ASIC Demands

The Australian Securities and Investments Commission (ASIC) recently received increased product intervention powers. The financial watchdog wasted no time in putting out a request for detailed information that current brokers in the Australian marketplace had to supply. However, this request

Read More

IMF Slashes Global Growth Outlook On Policy Uncertainty, Trade Tensions

On Tuesday, the International Monetary Fund trimmed this year’s global economic growth prediction by mentioning commercial conflicts, weaker business confidence, stricter financial situation and greater policy unpredictability. The Washington based institution slashed this year’s growth estimate to 3.3% in its

Read More

ASIC To Decide Which FIN Products Can Be Offered In Australia

Change is coming to the financial regulatory environment in Australia. This is thanks to the new bill that just passed and now only requires formal approval to become a law. The Design and Distribution Obligations and Product Intervention Powers Bill

Read More

US Service Sector Growth Slackens More Than Anticipated In March

According to a report published by the Institute for Supply Management on Wednesday, services sector growth rate in the US decelerated in March after a substantial run up in the earlier month. After leaping to 59.7 in February, the ISM

Read More

Russian Forex Association Cracks Down On Illegal FX Brokers

Forex trading is a massive business that takes place across the world. Like any other industry, the forex industry has received flak mainly because there are a few bad actors in every country who cheat and con traders. The Russian

Read More

ECB’s Draghi – ‘Serious Slump’ Not Expected Despite Weaker Growth

President of the European Central Bank Mario Draghi said Wednesday that the bank’s monetary policy position is still adaptable to the euro area’s weaker growth outlook and that its external demand weakness is doubtful to be painful. While giving a

Read More

German Business Confidence Improves For First Time In 7 Months

According to the latest report, business confidence in Germany improved considerably in March, after remaining weak during the past six months, as businesses were more positive about the future and strength of the economy. The ifo business confidence index increased

Read More

Fed Police & ASIC Raid ForexCT After Customer Complaints

The global forex trading market is thriving as investors look to capitalize and make quick profits. Forex trading has a lot of positives and some negatives. Unfortunately, this attracts conmen and grifters which can put the entire forex trading industry

Read More

US Dollar Declines As Fed is Likely To Maintain Dovish Stance

At the European trading session on Wednesday, the US dollar declined against its biggest counterparts, cutting off its territorial gains as investors and speculators are waiting for the Fed’s comment that is expected to clarify future plans for interest rate

Read More