Why Is Latin America Hard to Enter for Retail IBs?
Retail introducing brokers (RIBs) in Latin America (LATAM) face a number of challenges and issues that can make providing effective services to their clients difficult. A lack of regulatory clarity, limited access to technology, and a challenging economic environment are some of the major challenges confronting RIBs in Latin America. No One-Size-Fits-All Approach to Latin […]
Pound has a hard way to go. Forecast as of 26.01.2023
2023.01.26 2023.01.26 Pound has a hard way to go. Forecast as of 26.01.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The sterling has been jumping up and down recently. Strong UK domestic data made it one of the best performers among G10 currencies, while weak reports weakened the currency. Let us discuss the Forex outlook and make up a GBPUSD trading […]
US dollar sinks on hard landing fears after ISM services survey plunges
The ISM services sector survey is one of the best forward looking indicators out there and today’s edition plunged to 49.6 from 56.5, far worse than the economist consensus of 55.0. Even worse, the forward-looking new orders component in the survey looks like this: ISM new orders Market participants are struggling with the idea of […]
Crypto's hard turnaround
<p>Market picture</p><p class="MsoNormal">Bitcoin failed to break the $17K mark on Wednesday and has rolled back to $16.77K at the time of writing. Price fluctuations remain more than subdued. BTC remains slightly above its 50-day moving average (50-DMA). As capturing a critical trending level has yet to encourage more buyers, it is worth looking cautiously at […]