Dollar slump, overcrowding complicate popular FX carry trade
A slide in the dollar and signs that volatility is returning to foreign exchange markets as interest-rate hikes bite is causing investors to reassess wildly popular carry trades and to ...
Euro leaps parity on ECB, world stocks hit one-week high
The euro rose back above parity to a two-week high against the dollar on Friday following a large rate hike and hawkish comments from the European Central Bank, while a ...
Euro falls below $1.06 for first time in five years
The euro fell below $1.06 for the first time in five years against a broadly strong US dollar on Wednesday amid rising concerns around energy safety and growth slowdown in China ...
Cyprus based company turns focus to retail traders
Quant Insight (Qi), a Limassol-based quantitative financial market analytics and trading insights provider, on Wednesday announced the launch of a new product, aiming to provide individual traders with high-end analytics.
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Turkish lira whiplashes after Erdogan moves to protect savings
Turkey’s lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings.
Erdogan introduced ...
Regulatory challenges and solutions for FX Brokers
How RegTech companies can help transform Cyprus into a tech hub
For several years, we have been empowering fintech firms with the regulatory technology (RegTech) tools required to drive efficiency ...