Gold prices are trading positively on Monday, driven by market uncertainty and an increased demand for safe-haven assets.
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Gold Price Forecast: Bulls back Gold as tensions between the US and China rise
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FOREX NEWS & BLOG
Looking for the Right CRM Solution? Meet AltimaCRM at iFX EXPO International 2025
This June, the Forex and CFD community converges in Limassol — and AltimaCRM is bringing the heat. From June 17–19, the iconic City of Dreams Mediterranean will host iFX EXPO International 2025, the largest B2B and B2C fintech event of the year. Thousands of Forex brokers, CFD providers, and trading technology innovators will gather under one roof. Positioned at the heart of the action at Booth 135, AltimaCRM, the leading Forex CRM solution, is ready to demonstrate why it’s the preferred CRM for brokers, prop trading firms, and financial institutions looking to scale with speed, compliance, and confidence.
AltimaCRM announces its participation as an exhibitor. The team will be stationed at booth 135, Expo Hall 2. With a strong value proposition and offering tailored to the evolving needs of brokers and prop firms, the bold technology provider is bound to make a stark difference on the expo floor.As a trusted provider of Forex CRM solutions in Cyprus, AltimaCRM stands at the forefront of innovation in Prop Trading CRM technology. Designed for brokers and prop firms looking to scale fast, AltimaCRM brings together everything you need — from onboarding and compliance to trading and affiliate management — in one seamless CRM for brokers. Whether you’re launching or expanding, Altima delivers the tools and infrastructure to get you live in under a week.
Famed for its all-inclusive Forex CRM and White Label solution, AltimaCRM has gained remarkable traction in brokerage and prop trading circles in recent years. As CTO Sunil Jadhav puts it, “We go above and beyond to deliver an institutional-grade CRM solution that works right out of the box.
“This determination is what brought AltimaCRM to the top. But we won’t stop here. We’re excited to reconnect with existing clients and make new connections in Cyprus and beyond.”
Bringing customer relationship management, trading, affiliate management, VOIP, regulation, and reporting under one umbrella, AltimaCRM delivers a complete end-to-end solution that upholds the entire brokerage ecosystem. Attending iFX EXPO International 2025? Schedule your one-on-one with the AltimaCRM team and secure your free live demo at Booth 135.
The right tech match for brokers and prop firms
As an industry leader, AltimaCRM understands the challenges associated with fast growth. As the brokerage and prop trading space continues to bubble up, market participants are forced to scale and fast if they wish to attract traders within and outside the boundaries of the EU. With AltimaCRM, scaling is no longer a challenge.
Because of Altima’s advanced interfacing capabilities, brokers and prop firms can streamline their operations, track and manage conversions, and seamlessly handle all sales, marketing, and regulatory compliance tasks in a single dashboard.
With over 200 multilevel integrations, AltimaCRM has long surpassed the industry standard for a CRM suite. From trading platforms to KYC and automated onboarding systems to PSPs, brokers and prop firms of all sizes will find a powerful arsenal of tools grouped into a single, lean, and neat setup.
A trading ecosystem for modern brokers
As traders’ choices become increasingly sophisticated, brokers are on a mission to innovate and remain at the top of their minds. With decades of experience in the FX and fintech arena, AltimaCRM empowers brokers to accommodate traders’ preferences with a choice of plug-and-play trading systems and platforms.
Through Altima, brokers and prop firms can easily connect to or integrate a range of platforms, including the industry-standard MetaTrader 4 & MetaTrader 5, cTrader, and the agile AltimaTrader, as well as KYC systems such as Sumsub and Onfido. Additionally, this powerful trading ecosystem comes fully white-labelled, with CySEC licensing. This empowers CFD industry players to scale confidently and hassle-free, maximising their time-to-market. With Altima, brokers can get up and running in five to seven days, not months.
Payment solutions such as Skrill, PayPal and other banking options are integrated within AltimaCRM’s environment, making it the ultimate solution for agile brokers looking to expand their tech suite beyond the traditional array of trading tools.
Expectations can go well beyond standard CRM and trading infrastructures
iFX EXPO attendees will have the chance to gain first-hand experience with AltimaCRM, which will be demonstrated live at booth 135. In a nutshell, here is what to expect:
A powerful CRM solution
Forex CRM is the flagship product of AltimaCRM’s infrastructure. It comes with advanced client engagement and sales tracking features for a comprehensive and real-time overview of the entire customer lifecycle.
Client Portal for seamless onboarding
With AltimaCRM, nothing is out of mind. Built for Forex Brokers but with traders in mind, AltimaCRM’s Client Portal has an intuitive design that offers a smooth experience to both traders registering for an account and KYC teams. With client-specific data immediately available, onboarding, KYC, and compliance teams can significantly increase efficiency and keep up to speed with essential tasks.
VOIP system for effective communication
With AltimaVOIP, customer support teams can streamline client communications, removing any barriers. Thanks to its agent training features, Altima’s VOIP software can also help support agents enhance their skills and assist clients in the best way possible.
These are only some of AltimaCRM’s capabilities displayed at iFX EXPO International this year. To better understand how you can leverage Altima’s technology to grow your brokerage or prop firm, book a meeting with the team in advance.
This article was written by FM Contributors at www.financemagnates.com.
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Thailand Targets Five “Unlicensed” Crypto Exchanges, Including Bybit, OKX in Latest Crackdown
Thailand’s financial watchdog “will block access” to
five unlicensed cryptocurrency exchanges, including Bybit and OKX, in the
latest effort to curb illicit financial activity and protect domestic
investors. The order, which takes effect on June 28, is
reportedly in line with updated legal powers granted under new cybercrime
legislation.
The Office of the Securities and Exchange Commission of
Thailand (SEC) reportedly investigated and identified Bybit, 1000X, CoinEx, OKX, and
XT.COM as operating digital asset services without proper licenses.
Regulator Flags Unauthorized Activity
The agency filed formal complaints against the
platforms, citing breaches of its regulations. The SEC has reportedly submitted
their details to the Ministry of Digital Economy and Society, which holds the
power to block access under a recently enacted cybercrime law.
The SEC described the upcoming block as a preventive
measure to stop the platforms from being misused for scams or money laundering
activities.
Read more: SEC Dropped the Lawsuit Against Binance After 2 Years
“In order to protect investors and prevent the use of
unauthorized digital asset trading platforms as a means of money laundering by
fraudsters, in line with the intention of the Royal Decree on Measures to
Prevent and Suppress Technology-Related Crimes, the SEC has submitted the above
platform information to the Ministry of Digital Affairs,” the regulator said.
The agency emphasized that assets held on unlicensed
platforms are not protected under Thai law, leaving investors exposed to
potential fraud and legal risk. It also directed the public to use the official SEC
channels to verify licensed operators and report suspicious activities.
New Rules Bolster Regulatory Reach
The crackdown is based on powers granted by the Royal
Decree on Measures for the Prevention and Suppression of Technology Crimes,
which came into effect on April 13.
The legislation enables government agencies to block
digital infrastructure associated with technology-related offenses, including
unregistered cryptocurrency services.
Earlier this year, Thailand’s Cabinet approved broader
amendments to the country’s digital asset rules, reflecting a growing intent to
address regulatory gaps surrounding foreign and peer-to-peer crypto providers.
Early this year, the SEC announced that it was
considering allowing the listing of local Bitcoin exchange-traded funds.
The announcement came from the regulator’s Secretary-General, who mentioned
that the instrument would enable individuals and institutions to invest
directly in cryptocurrency.
This article was written by Jared Kirui at www.financemagnates.com.
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XAU/USD: Elliott Wave Analysis and Forecast for 30.05.25 – 06.06.25
Major Takeaways Main scenario: Consider long positions from corrections above the level of 3197.50 with a target of 3550.00 – 3800.00. A buy signal: the price rebounds from 3197.50 to the upside. Stop Loss: below 3160.00, Take Profit: 3550.00 – 3800.00. Alternative scenario: Breakout and consolidation below the level of 3197.50 will allow the XAU/USD pair to continue declining to the levels of 2950.00 – 2825.40. A sell signal: the level of 3197.50 is broken to the downside. Stop Loss: above 3230.00, Take Profit: 2950.00 – 2825.40. Main scenario Consider long positions from corrections above the level of 3197.50 with… Read full author’s opinion and review in blog of #LiteFinance
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EUR/USD: Elliott Wave Analysis and Forecast for 30.05.25 – 06.06.25
Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.1208 with a target of 1.1750 – 1.2050. A buy signal: the price holds above 1.1208. Stop Loss: below 1.1150, Take Profit: 1.1750 – 1.2050. Alternative scenario: Breakout and consolidation below the level of 1.1208 will allow the pair to continue declining to the levels of 1.1060 – 1.0900. A sell signal: the level of 1.1208 is broken to the downside. Stop Loss: above 1.1208, Take Profit: 1.1060 – 1.0900. Main scenario Consider long positions from corrections above the level of 1.1208 with a target of 1.1750… Read full author’s opinion and review in blog of #LiteFinance
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Trading Volume Surge Pushes Tiger Brokers’ Q1 Income to Record High
Up Fintech (Nasdaq: TIGR), the operator of the Tiger Brokers brand, ended the first quarter of 2025 with total revenue of US$122.6 million and net income of US$36 million. While revenue increased by 55.3 per cent year-over-year, net income reached a record high after a 145 per cent yearly rise.
A sharp rise in trading activity helped boost the broker’s financials. Trading volume between January and March surged 154.6 per cent year-over-year to US$217.5 billion.
A similar trend was seen in the Q1 performance of Futu, one of Tiger Brokers’ key competitors.
Strong Growth in New Clients
The number of new accounts on the platform increased by 49.8 per cent to 77,000. This brought Tiger Brokers’ global account total to 2.53 million. The platform also added US$3.4 billion in net deposits during the quarter, pushing total client assets to US$45.9 billion, up 39.5 per cent year-over-year.
“Tiger has gained recognition from more HNW clients across markets,” said UP Fintech’s founder and CEO, Wu Tianhua. “Total client assets in Greater China grew over 20 per cent quarter-over-quarter, with new funded clients in Hong Kong averaging over US$30,000 in net asset inflows.”
Demand Remains High Across Regions
Tiger Brokers is known for providing retail traders in mainland China with access to US and international markets. It is also expanding rapidly in other Asia-Pacific countries.
According to the latest update, the trading volume of clients based in Singapore rose by 81.5 per cent, while the number of executed orders increased by 65.8 per cent. Trading volumes for US and Singapore-listed stocks grew by 71.3 per cent and 61.2 per cent, respectively. US options trading volume soared 127.7 per cent.
Hong Kong options trading volume also jumped tenfold compared to the previous quarter. Meanwhile, Tiger Brokers is gaining traction in the Southern Hemisphere. The number of funded clients in Australia rose by 37 per cent, while deposits increased by 71 per cent. The platform also reported strong figures in New Zealand.
Beyond Asia Pacific, the broker is growing its presence in the US as well. Trading volume from US-based clients rose 131 per cent quarter-over-quarter, while the number of new funded accounts increased by 28.4 per cent.
“To further enhance the trading experience for platform users, Tiger has continued to improve and expand its product features,” Tianhua added, highlighting the rollout of crypto deposits and withdrawals, along with tools built around artificial intelligence (AI).
This article was written by Arnab Shome at www.financemagnates.com.
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Best Continuation Candlestick Patterns: Bullish and Bearish Examples
In the world of trading, where even a minor change in an asset’s value represents an opportunity to generate substantial profits, candlestick patterns play a pivotal role. Candlestick continuation patterns indicate that the existing trend is likely to continue. By mastering these candlestick patterns, traders can enter the market with greater confidence, opening trades in the direction of the primary trend, thereby reducing risk and maximizing profits. This article reviews the most effective bullish and bearish continuation candlestick patterns displayed on candlestick charts, which confirm the continuation of the trend. It also provides clear examples of how to identify them… Read full author’s opinion and review in blog of #LiteFinance
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Fed’s Logan: Despite the uncertainty, the US economy is resilient
Dallas Fed Pres. Lorrie Logan:
- Despite the uncertainty, financial market volatility, the US economy is resilient.
- Labor market stable.
- Inflation still somewhat above target.
- Risks are balanced on both sides of the mandate.
- If tariffs change inflation expectations and that would be significant.
- Market volatility, uncertainty could cause households, businesses to pull back.
- Monetary policy well-positioned to wait, be patient.
- Well-positioned to act if risk materialized.
- Key risk is if higher short-term inflation expectations become entrenched.
- Our job is to ensure inflation doesn’t become persistent.
This article was written by Greg Michalowski at www.forexlive.com.
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USDCAD trades to a new low for 2025 and going back to October 2024
The USDCAD opened the day with a modest move higher, but on the daily chart, the rally once again stalled just below a key technical level—the 61.8% retracement of the 2024 decline at 1.37415. The high reached 1.3738 before reversing lower (see chart above).
That rejection helped push the pair lower and ultimately to a new low for 2025, breaking below the prior October 2024 low and nearing an important confluence of support around 1.36443. This level marks the base of a multi-month swing area and intersects with a rising trend line that has defined the broader bullish structure since late 2023. A clean break below this zone would tilt the bias more clearly to the downside from a longer-term technical perspective.
Hourly chart view:
On the hourly chart, buyers made a run last week above the 50% retracement of the May decline at 1.38505 but failed to hold gains. That failure set the stage for renewed downside momentum, with sellers pushing the price below the 100-hour moving average on Friday (blue line on the chart below). The pair stayed below that MA on intraday corrections—reinforcing the bearish tone—and eventually broke below the key swing area between 1.3749 and 1.3772 into the weekly close.
Today, early upside stalled near the underside of that broken swing area, and fresh selling pressure pushed USDCAD to a new low for the year, briefly dipping below 1.3685. However, the break could not be sustained, raising questions about bearish conviction. The inability to hold that new low may hint at near-term exhaustion, making 1.3685 a key pivot point. A decisive move below would reaffirm downside momentum, while continued failure could invite dip buyers and a possible rebound.
This article was written by Greg Michalowski at www.forexlive.com.
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USD/CHF: Elliott Wave Analysis and Forecast for 30.05.25 – 06.06.25
Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8350 with a target of 0.7800 – 0.7600. A sell signal: the price holds below 0.8350. Stop Loss: above 0.8410, Take Profit: 0.7800 – 0.7600. Alternative scenario: Breakout and consolidation above the level of 0.8350 will allow the pair to continue rising to the levels of 0.8670 – 0.8857. A buy signal: the level of 0.8350 is broken to the upside. Stop Loss: below 0.8350, Take Profit: 0.8670 – 0.8857. Main scenario Consider short positions from corrections below the level of 0.8350 with a target of 0.7800… Read full author’s opinion and review in blog of #LiteFinance
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Campbell’s (CPB) Q3 earnings and revenues surpass estimates
Campbell’s (CPB – Free Report) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.65 per share.
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Why You Should Trust Your Trading Instincts
Some traders think twice about taking trades based on gut feel, but here’s why it also makes sense to trust your trading instincts.
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