Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.
FTX, a cryptocurrency derivatives exchange has bagged a $150 million lawsuit from Bitcoin Manipulation Abatement LLC. The lawsuit was based on the premise that FTX violated the rules guiding cryptocurrency, by manipulating markets and peddling unregistered securities in the US. The lawsuit was uploaded onto social media by End of the Chain host, Samuel McCulloch […]
Toplines: In the wake of plunging 0.2% prior in the session, spot gold was stable at $1,512.93 per ounce Up 0.2% at $1,514.80 per ounce was U.S. gold futures The price for gold was stable early Monday as the greenback eased on light manufacturing survey, while indications of a U.S.- China economic bargain getting past […]
The week started on a quiet note for major currencies after the Tokyo event while investors eagerly await the first official speech from Christian Lagarde, the new head of ECB. Dollar For currency pairs, the dollar maintained a significant price of 97.218, having dropped to 97.107 on Friday which is a low recorded between august […]
EURUSD Price Analysis – November 4 The euro enlisted higher when the US dollar fell. The FX pair, albeit marginally unstable, was cited close to the recently settled highs. Financial data for the euro region is yet to be released. This left the greater part of the overwhelming effect in the US data release. Numerous […]
GBPUSD Price Analysis – November 3 Due to recent news release, the GBPUSD pair may recover further past the horizontal line on the level at 1.30 handle. The pair exited the prior week higher at the level 1.2940. Trending about 28 pips higher after the open, the Cable was unable to hold its gains as […]
On Friday the Department of Commerce for China expressed that Vice Premier Liu He had a phone call with United States trade negotiators, Robert Lighthizer and Treasury Secretary Steven Mnuchin. The different sides together had real and gainful chats on fundamental trade questions and discussed plans for the accompanying round for a deal. Pronouncing the […]
According to a report filed on the 31st of October, the Malta Financial Services Authority (MFSA) has alerted the public of a Bitcoin scam. This new scam bears the same qualities as another scam that has been spotted in the past. The MFSA has cautioned the public to avoid the body called ‘Bitcoin Future’ which […]
EURJPY Price Analysis – November 1 EURJPY currency pair tumbled and breached a significant horizontal zone on the level at 120.35 during yesterday’s trading session. As for the near future, buyers on EURJPY may take the exchange rate back to the upside to retest the price level at 121.10/121.47 within this session or the following […]
With a growing demand for crypto derivatives trading, new crypto derivatives exchange platforms are now emerging. Derivatives trading, account for more than half of 24-hour trading volumes recorded. The new chip on the block is FTX, crypto derivatives exchange from FTX trading ltd, a company based in Antigua and Barbuda. More on FTX FTX crypto […]
