<p>The Cyprus Securities and Exchange Commission (CySEC) has announced enforcement measures against local investment firm Triumph Int. (Cyprus) Ltd, the operator of the TriumphFX trading brand, due to concerns over the influence of its sole indirect shareholder, Chong Chun Hseung.</p><p>CySEC Takes Action against TriumphFX Operato
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ACEPI Embraces Spectrum Markets as the First MTF Associate
<p>Spectrum Markets, the pan-European trading venue for securitised derivatives, has become an associate member of the Italian Association of Certificates and Investment Products (ACEPI). This move positions Spectrum as the first Multilateral Trading Facility to align with ACEPI, showcasing its pioneering approach to collaborative industry ad
Visa Expands Digital Horizons: A Dual Partnership for Future Payments
<p>Visa has strategically aligned itself with industry leaders, making groundbreaking moves to reshape the future of payments and digital identity. Two significant collaborations have recently come to light, showcasing Visa's commitment to advancing digital payments, identity management, and global money movement. </p><p>Part
AUD/USD gains ground above 0.6800, US PCE data eyed
The AUD/USD pair gains ground above the 0.6800 mark, the highest in five months during the early Asian session on Friday.
S&P 500 rebounds towards $4,750 on Thursday as equities rally on rate cut optimism
The Standard & Poor’s (S&P) 500 major equity index climbed on Thursday to chew through late Wednesday’s losses as investor risk appetite surged higher after US inflation figures came in below expectations, ramping up investor hopes of a faster, deeper pace of rate hikes from the Federal Reserve (Fed) in 2024.
US Dollar lost ground on Thursday on weak economic data, focus shifts to PCE figures from November
The US Dollar (USD) measured by the DXY index plunged to 101.90 and nears December lows struck last week, steered by the downward revisions in US Gross Domestic Product (GDP) from Q3.
EUR/GBP technical analysis: Bulls regain the 200-day SMA, four-hour chart signals overbought conditions
In Thursday's session, the EUR/GBP rose to 0.8675, registering gains of 0.25%.