FOMC Hikes Rates 25 bps As Expected, Leaves Open Further Hike Expectations
FOMC, Dollar, S&P 500, ECB and BOE Rate Decision Talking Points: The Federal Reserve hiked its benchmark rate 25bps to a range of 4.50 – 4.75 percent The US benchmark is higher than its principal global counterparts, but that advantage has been previously priced in In the policy statement that accompanied the decision, the group […]
Anthony Darvall Leaves easyMarkets after 15 Years, Launches Startup
Anthony Darvall, the Head of FX Dealer for the Asia Pacific (APAC) region at easyMarkets, has departed the forex trading company after almost 15 years of service to launch a web 3.0 fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial […]
Dovish surprise in US retail sales leaves little to salvage dollar bulls
The Bank of Japan dismissed market rumors about further adjustments in the yield curve control and left the policy unchanged today, disappointing recent yen buyers. The Bloomberg report released yesterday about the ECB plans to execute more caution in the rest of the tightening cycle caused brief market embarrassment sending EURUSD to 1.08 and below, […]
Vantage’s Global Branding Director, Yen Sim, Leaves
Yen Sim, the Global Branding Director of retail FX and CFDs broker Vantage, separated from the company last Friday, Finance Magnates learned exclusively. She parted ways after spending little more than a couple of years with the broker and executing some major branding overhauls. “It has been my privilege to work with some of the […]