Simplified Client ID Will Be Great For Russian FX Brokers 0

The Russian Brokers are going to benefit significantly from the new bill that has been recently submitted to the Russian Duma. This new bill has suggested for a simplified procedure for identifying Forex clients. Right now, the existing process of

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Currency Swap Deal Between China and Pakistan Extends 0

The currency swap deal between China and Pakistan has been extended for additional three years. The agreement was signed between the nations in the year 2011, and the extension is kind of blessing for Pakistan. It is so because the

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Spread Betting Model Has Boosted Forex Trading 0

In the past few years, there have been rapid developments in the financial markets across the globe. The main reason is development and implementation of the information technology. Thanks to the availability of brokers and increased access, the entry barriers

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Chinese Banks Records 1st Forex Purchase in April 2018 0

The commercial banks in China recorded their first ever Forex purchase in April this year. Last time, they purchased back in December 2017. As a result of which, there is a balance between the Forex market supply and demand based

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China Holds a Balance of $3.2 Trillion in Forex Reserves 0

For any country, Forex holds an important part, and the economy depends on it. When the country has a good economy, the local currency can retain its value and comes as a rescue during tough times and economic emergencies. Dollar

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Artificial Intelligence to Change Global FX Trade in Future 0

In a recent couple of years, Artificial Intelligence or AI has made great strides and has been growing by leaps and bounds. Primary industries and big corporate houses are spending millions of dollars on AI research because they are hopeful

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TransferWise Has Granted Access to BoE RTGS Payment System 0

BoE (The Bank of England) is very strict in its regulations of allowing the only UK licensed banking institutions for real-time payment systems. But recently, it has changed its stance by granting access to TransferWise where a non-banking institution was given

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Pound Rises after Current Account Deficit of UK Narrows 0

A survey was recently conducted by the CBI (Confederation of British Industry) in which it has painted a mixed picture of UK’s economy. While there has been a steady growth in the manufacturing sector, the retail sector is struggling a

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Inflation Rate of Canada Reaches the Highest Level of 2.1% 0

Due to direct correlation with the crude oil price, the Canadian Dollar is generally categorized as a commodity currency. Crude oil is regarded as the biggest export revenue earner of Canada. Hence, it is likely that crude oil price volatility

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Aussie Dollar To Remain Bullish due to Strong Economic Data 0

In December 2017, Australian Dollar turns bullish against G10 currencies. Particularly, the currency hit one and a half month high figure of 86.84 against Yen and one-month high figure of 0.7680 against Greenback. The Kiwi Dollar fell to the one-month

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