SEC Busts Forex Ponzi Schemes Worth $4.3 Billion
United States – The Securities and Exchange Commission or SEC of the United States busts Elite Generators and Avail Progression schemes after scamming more than 100 investors. The Ponzi scheme…
Forex Mentoring
Tips on How to Influence Technology in Forex Trading in 2023
United States – People are being more interested in Forex trading yet not everyone is aware of how technology influences this industry. With progressive technology, features are always upgraded, which…
Card-based Forex Transactions Increased 3 Times
Dhaka, Bangladesh – Forex or Foreign Exchange currency transactions via cards boost during the first quarter of the funding year 2022-2023. Foreign exchange activities through cards tripled as an acute…
Nigerian Banks Peg Forex Request of Students to $15K
Nigeria – Nigerian banks provide updates on changes to Forex or Foreign Exchange requests by students aiming for schools abroad. The announcement shared by banks was through email on Sunday,…
Some Forex Companies Get Arrested – BSP Moves to Limit Peso
United States – Different Forex companies that lure people into taking on investment lessons get arrested as other agencies start to probe alleged illegal trading platforms. On another note, BSP…
Forex Sits on Top of a Trend – Euronext FX Drops to $1.4 Trillion
United States – OctaFX explains how Forex is on top of a worldwide trend this year. On the other hand, Euronext FX dropped its volume by 7% in Q3 of…
FxPro UK Struggles with Robust Rivals, Financial Losses
FxPro UK is facing many problems. This retail broker in contracts for differences and foreign exchange is having a rough patch as its competitors continue to ascend and its financial…
Forex Expert Sees More Pain for the Chinese Renminbi
Fawad Razaqzada affirmed that the end to the Chinese renminbi’s struggle is unknown at this point. This foreign exchange market analyst at Forex.com remarked that this latest forex development happens…
4 Forex Ponzi Scheme Perpetrators Face Charges in Thailand
Thailand’s Department of Special Investigation or DSI is getting ready to summon four more suspects to acknowledge charges for their alleged participation in a forex Ponzi scheme. The latter is…
Turkish Lira Found of Minimal Use Amid Hyperinflation
Turks are grumbling and decrying that the Turkish lira is useless during these times when consumer products and services’ prices soar. This development happened as the inflation rate in Turkey…
2 Money Transfer Firms Offer Reasonable Foreign Exchange Rates
Revolut and Wise are two international money transfer service providers lauded for their reasonable foreign exchange rates. These two companies have received high ratings from their customers due to their…
New Zealand Dollar Rallies, But Forex Expert Sees More Weakness
The New Zealand dollar exhibited some recovery today, Wednesday, August 17, 2022. This development happened despite some foreign exchange experts expressing pessimism regarding New Zealand’s official currency. We want to…
British Pound Rises Vs. US Dollar, Euro after Prime Minister Quits
The British pound regained some lost ground after Prime Minister Boris Johnson announced he would be replaced as the United Kingdom’s head of government yesterday, Thursday, July 7. The sterling…
Moody’s Cites the Benefits of Replacing the Croatian Kuna with Euro
Moody’s Investors Service discussed the benefits for Croatia of replacing the Croatian kuna with the euro. This bond credit rating agency has also positively evaluated the institutions of the country…
Qualified Forex Brokers Assuring High Payouts Accessible via Site
Binary Options UAE is a solutions provider that helps foreign exchange traders and investors find suitable forex brokers for them. This trusted online platform provides customers with detailed reviews of…