Day: February 22, 2022
The Financial Services and Markets Authority (FSMA) warns the public against the fraudulent activities of Union Finances, a company that is offering credit illegally to consumers. Union Finances is not authorized or registered in Belgium as a lender or credit intermediary. Therefore, Union Finances may not offer credit in Belgium. According to the information available […]
Following the Prime Minister’s statement to the House of Commons on 22 February 2022, the UK has announced a tranche of sanctions on Russia. The full details of the measures are available on the Foreign, Commonwealth & Development Office website. If you require a licence to permit any activity which would otherwise be prohibited by sanctions […]
We are aware of recent statements made by Bitpanda announcing the acquisition of Trustology Limited. Trustology is a cryptoasset business which the FCA registered under the Money Laundering Regulations (MLRs) in October 2021. As a result of the transaction, Bitpanda has become the new beneficial owner of Trustology for the purposes of the MLRs. The […]
Strathkelvin Credit Union Limited was placed into administration on 22 February 2022 and has now stopped trading. Dina Devalia, Simon James Bonney and Ian William Wright of Quantuma Advisory Limited have been appointed as joint administrators. Strathkelvin Credit Union is a financial co-operative owned by its members. It is regulated by the Prudential Regulation Authority […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, divergence on MACD made the asset complete the rising impulse and resume its local correction. The most probable scenario implies that the pair may finish the correction soon above the low at 1.1120 and then continue growing to break the next high […]
XAUUSD, “Gold vs US Dollar” XAUUSD is trading at 1909.00; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1885.00 and then resume moving upwards to reach 1965.00. Another signal in favour of a further uptrend will be a […]
Russia-Ukraine Developments Drive Markets LowerMarkets are trading with a broadly risk off tone today following worrying geo-political developments last night. Russian president Vladimir Putin has formally recognised two breakaway territories in Eastern Ukraine as separate states and has ordered Russian troops into the regions on “peacekeeping” duties. The news comes on the back of weeks […]
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• CADJPY currency pair reversed from support area • Likely to rise to resistance level 91.00 CADJPY currency pair earlier reversed up from the support zone located between the round support level 90.00 (which has been reversing the pair from the middle of January), support trendline from September, lower daily Bollinger Band and the 50% […]
• Dow Jones reversed from support area • Likely to rise to resistance level 35000.00 Dow Jones index today reversed up from the support area located between the multi-month support level 33425.00 (which has been reversing the index from the start of 2021), lower weekly Bollinger Band and the 50% Fibonacci correction of the previous […]
