Forex

OANDA Prop Trader Transitions to FTMO Group for Enhanced Trading Experience

OANDA has officially transitioned its proprietary trading business, OANDA Prop Trader, into the FTMO Group. This move comes after FTMO's acquisition of OANDA last year, marking a significant shift aimed at enhancing client services. The integration will provide OANDA Prop Trader clients access to FTMO’s specialized trading environment. This strategic realignment is expected to offer improved trading resources and support, positioning clients for better performance. OANDA emphasizes that this transition is part of its commitment to delivering superior trading experiences.

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Energy Prices Trigger Major FX Deleveraging Amid Market Volatility

Energy Prices Trigger Major FX Deleveraging Amid Market Volatility

The FX markets experienced a notable shift on Tuesday as high energy prices prompted a broad deleveraging of positions. While Monday's trading was largely influenced by the effects of rising energy costs on various currencies, the following day saw increased volatility across markets, particularly impacting equities. Investors reacted

Visa Expands Stablecoin Pilot to Enhance Global Payments Infrastructure

Visa Expands Stablecoin Pilot to Enhance Global Payments Infrastructure

Visa is intensifying its efforts in the stablecoin space by expanding its on-chain settlement pilot through a partnership with Bridge. This move aims to streamline international transactions and could potentially bolster the growing use of cryptocurrencies in commerce. The initiative comes amid Bridge's ambitious goal to roll out

Fundstrat's Tom Lee Predicts Crypto Rally in March Amid Q1 Losses

Fundstrat's Tom Lee Predicts Crypto Rally in March Amid Q1 Losses

Tom Lee of Fundstrat has expressed optimism for a potential rally in the cryptocurrency market by the end of March. Despite underwhelming performance in the first quarter, he believes that key market indicators and a favorable macroeconomic environment could drive a rebound. Analysts are closely monitoring trends that suggest an