Credit: Manuel Romano/NurPhoto via Getty Images. During the first seven months of 2018 the price of Bitcoin collapsed 53%—a fall supposedly triggered by concerns over regulation, exchange hacks and a general slowdown in trading. For most the decline was a disaster, wrecking small fortunes invested in the burgeoning cryptocurrency market. For others the plunge since
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What does ESMA’s new regulations hold in store for retail traders? ESMA has recently rolled out CFD regulations with an August 1st deadline. The most extreme measure was a complete prohibition of binary options and heavy restriction of maximum leverage available to retail CFD traders. Some sources say many brokers are looking to move operations
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EUR/USD moves to a low of 1.1654 ForexLive A flurry of bids across the board for the greenback. Definitely helped to kick some life into the session, eh? GBP/USD has fallen to a low of 1.3182 currently, with USD/JPY also advancing to highs of 112.63. As highlighted earlier, next line of support for EUR/USD is
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UBS is getting less bullish over Netflix shares after the stock’s stunning rally this year. The firm lowered its rating to neutral from buy for Netflix shares, citing the internet company’s high valuation. “We believe Netflix’s core competencies in both content & tech should drive a virtuous circle of greater subs and increased viewing time,
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US president Donald Trump is seen during the 2018 NATO Summit in Brussels, Belgium on July 11, 2018. (Photo by Jaap Arriens/NurPhoto via Getty Images) At this week’s NATO meeting in Brussels, President Trump criticized Germany’s reliance on Russian natural gas: “Germany is totally controlled by Russia. They will be getting between 60 and 70
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