The licence cancellation took effect on the 5th of March 2020.
Blogs
CMC Markets Expects Solid FY2020 Revenues, Boosted by COVID-19
The Group expects that CFD net trading revenue will be approximately £214 million.
Crude Oil Prices Slip As Doubts Grow Over Saudi, Russia Truce
Crude oil prices saw massive gains in the previous session on hopes that damaging price war might end. A little rethink has set in during Asian hours.
US Dollar May Rise vs Euro Ahead of NFP and PMI Prints
The US Dollar may rise vs the Euro if NFP and PMI data out of the world’s largest economy sends a flood of capital rushing into the highly-liquid Greenback.
US Dollar Funding Stress May Be Checked with Fed FIMA Scheme
The Federal Reserve has made a powerful statement about its commitment to shoring up offshore US Dollar funding markets through the coronavirus spread.
Indian Rupee May Fall as US Dollar, USD/INR Rise on Virus Cases
The Indian Rupee fell against the US Dollar recently. Indian coronavirus cases risk exponentially growing with manufacturing slowing. USD/INR may rise but it faces fading momentum.
Australian Dollar Firms As China Services PMI Bounces Back
The Australian Dollar remains focused on broad risk sentiment but good news from China's private service economy saw it hold up.
EUR/USD Rate Grinds Towards 2020 Low Ahead of NFP Report
EUR/USD chips away at the advance from the 2020 low (1.0636), with the exchange rate extending the series of lower highs and lows from earlier this week.
Canadian Dollar, Crude Oil Gain on Saudi-Russia Output Cut Confusion
The Canadian Dollar rose with crude oil prices in a volatile day as investors navigated around confusion in Russia-Saudi production cut bets. USD/CAD fell but remains in consolidation.
CAC 40 Price Outlook: French Index Pulls Back from Resistance
The CAC 40 pulled back from resistance this week after briefly breaking above the December 2018 low. Now as risk appetite wanes, price is probing support beneath.