Recently, we’ve seen an uptick in news surrounding Binary Options brokers and regulations, most recently with the reported layoffs from leading binary options brokers.
Trump and the China FX Market
The White House is looking at a new approach regarding China from keeping the yuan soft to help exports. The plan is to designate currency manipulation as an unfair subsidy when employed by any country. The National Trade Council is trying to formulate a way to challenge China without singling them out specifically. Read more
What Do Retail FX Brokers Want?
I was in Hong Kong recently for the iFX Expo. The expos in both Cyprus and Hong Kong have been a great meeting place for the retail FX community. The panel discussions are always informative but I find the most interesting conversations are outside of the venue. In the past, these conversations have centered on such topics as liquidity (tighter, deeper, cheaper…) and technology solutions, but at this event, the focus was on regulation. Read more
Regulatory Oversights – The Benefits Could be a Problem
The ever-changing retail Forex space has garnered a lot of attention in the past few weeks, headlined by FXCM’s eviction from the U.S. market. But they are not alone; the retail foreign exchange market has seen a steady decline in the number of US-based brokers, driven by the tight oversight of the NFA and CFTC. Read more
Being a Retail Forex Broker in a Trump World
If we look back at a daily chart over the past year, you will be able to quickly see the major political points that have highlighted 2016. The Brexit event in June created a 10% move in GBP/USD and a 4.5% move in EUR/USD, over a 24 hour period. Read more
To Trade or Not to Trade in December?
As Tripeak posts the Holiday trading hours for CFDs and FX, I think it’s important to bring up the question about trading FX, Metals, and Spot CFDs in December. Read more
Forex Trading Entrepreneurs
Diego Cortes, of Tripeak, was recently interviewed by Rankia, a financial news site. Topics include the different types of forex entrepreneurs, the trading businesses they are launching, the popularity of the FX market, and the keys to a successful forex startup.
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Income Increase Shows the Recovery Is Very Much Real
During the past two years, we have seen signs that wage pressure is building as the economic recovery grinds on. Enough evidence has now accumulated to suggest that it is already happening.
Maybe Supply-Side Economics Deserves a Second Look
Since the Great Recession, macroeconomic discussion has been dominated by discussions of aggregate demand, and how to create more of it through monetary and fiscal policies. That has led to a strange state of affairs where those topics still dominate the debate, even though they’ve done the job economics expects of them.
Fed Harmony Hides the Dangers of Groupthink
Traders and investors trying to parse the statements coming from the world’s most important central bank are at a loss: Will an interest-rate increase come in September? And will there be one, two or no hikes this year?