Jan 312015
 
GBP/USD Preserves Bearish Momentum Ahead of BoE Meeting

The Bank of England (BoE) interest rate decision may have a limited impact on GBP/USD as the central bank is widely expected to preserve its current …
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Commodity currencies spiral lower as speculation for rate cuts intensifies

… to intra-day traders keen to take profit after bidding the single currency higher throughout the day. Oddly, the weaker than expected German inflation …
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Rupee weakens, gold price falls

Rupee lost 70 paisa to close at 99.28 against US dollar on Friday. Nepal Rastra Bank (NRB), the central regulatory bank, had opened currency trading …
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CANADA FX DEBT-C$ hits weakest level in nearly six years after Fed

CANADA FX DEBT-C$ hits weakest level in nearly six years after Fed … trading at Scotiabank, adding that another rate cut could push the currency to … At one point in the session, the currency tumbled to C$1.2678, or 78.88 U.S. …
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Jan 302015
 
Deutsche Bank Reports Rising FX Revenues in Q4, January Profitable Even with Franc Losses

Shares of the German bank are trading higher today by nearly 5% after the firm surprised traders by reporting net profit of €438M. Profits were assisted …
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USDJPY trading at highs for the day

The pair has been confined in a trading range over the last 8 days with all sorts of up and down moves along the way. The last low floor came in post …
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Increasing Demand For Refined Products Will Increase Oil Prices

In last week's article I posted a chart from the International Energy Agency'srecent Oil Market Report that shows global demand for refined products …
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Bangladesh holds rate, targets 6.5% inflation mid-2015

… substantial rise in investment and trade finance over the next six months. … Declining lending interest rates coupled with rising foreign exchange …
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Jan 292015
 
December Forex Industry Review: M&A, Capital Introductions, and P2P Finance

The trend is part of a greater problem of a dearth of consistently profitable forex traders to both be leaders of copy trading platforms as well as to …
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Top Trade Idea For December 31st, 2014 – USD/CAD

Top Trade Idea For December 31st, 2014 – USD/CAD. By Matthew … Matt Weller is a Senior Technical Analyst on FOREX.com's research team.
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Now Bitcoin Volatility Index from BitMEX for Traders/Investors

Thus, Bitcoin derivatives exchange BitMEX is willing to move ahead and help traders and investors have some understanding about the volatility in …
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Rupee down 21 paise against dollar in early trade

Rupee down 21 paise against dollar in early trade … against the US dollar on the first trading day of the New Year due to buying of American currency …
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Jan 282015
 
FXCM Inc (NYSE:FXCM) Trading Outlook

The Company offers spot FX trading in over 59 currency pairs. Of these pairs, the Company's seven currency pairs represent over 69.1% of all trading …
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Saxo Bank faces £70m losses after Swiss currency turmoil

Saxo, which specialises in currency trading, said it was in contact with its customers. However, the bank said that it could afford to absorb losses if they …
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Exclusive: Senator preparing new push against currency cheats in trade

“Our message is that we should not agree to any trade agreement that does not have strong currency enforcement.” The planned push is a further …
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New Zealand Dollar May Rise as RBNZ Maintains Hawkish Rhetoric

The currency fell nearly 2.6 percent on average against its leading … on the policy statement accompanying the rate decision, with traders readying to …
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Jan 272015
 
Forex technical trading: EURUSD train lower rumbles on down tracks

The next target below that level is the 1.1372 level which is near channel trend line but is also the low from November 2003. This is the next major …
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Trade Idea: USD/CAD – Buy at 1.2200

As the greenback has maintained a firm undertone after yesterday's post-BOC rally, adding credence to our view that recent upmove is still in progress …
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Last Trading Day of 2015

After yesterday's volatile European and US session, FX markets are calmer today. US consumer confidence rose to 92.6 in December but below …
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Chinese Bitcoin Exchange OKCoin Releases Their Full-Screen Trading Interface

In an announcement Chinese Bitcoin exchange OKCoin says that it has released its full-screen trading interface which according to the organization …
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Jan 262015
 
Forex trading education: Ask yourself “Where should we not go?”

The EURUSD fell below the 1.1876 in trading today. That level was the low price in 2010. More importantly for me is the level represents the low price …
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Where Do Loyal Middle Eastern Alparites Trade?

With padlocks on the doors of Alpari UK where do loyal fans of the leading forex brand trade? Forex magnates is assessing the current situation of one …
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FOREX-Euro hovers near 11-year low after ECB launches QE, seen staying weak

The ECB seemed to leave open the possibility that the asset buying could last even longer, a factor that traders said could keep pressure on the euro.
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Russell Investments, Integral launch buy-side only FX trading platform

Global asset manager Russell Investments has partnered with FX technology company Integral Development Corp. to launch an FX trading platform …
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Jan 252015
 
The Largest Bearish Euro Position Ever

This is far more dramatic that it might sound to those unfamiliar with currency market fluctuations. As of the latest Commitments of Traders report issued …
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NZD/USD Technical Analysis: Selloff Extends for Fifth Day

The New Zealand Dollar fell against its US namesake as expected, with prices now hitting levels unseen since May 2012. A daily close below the …
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BNY Mellon, State Street get profit boost from forex trading

1 custody bank, surged 31 percent to $165 million from year-ago levels as currency markets underwent more volatility. The bank's total fourth-quarter …
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U.S. stocks slip in early trading Friday

EUROPEAN TRADING: France's CAC 40 jumped 1.99 percent and … The U.S. currency slipped slightly against the Japanese yen, dropping to 117.81 …
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Jan 242015
 
Trade Idea: EUR/GBP – Sell at 0.7610

The single currency has dropped again after yesterday's anticipated resumption of recent decline, adding credence to our bearishness and current …
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Forex technical trading: GBPUSD higher on the day

The price is currently trading back above the 1.5000 level and is also above the close for the day at 1.50079. Bears don't like new lows and higher …
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FXCM Provides Business Update

Through Thursday, January 22, FXCM's month-to-date retail customer trading volume, which includes all retail FX and CFD volume, is $406 billion* …
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Trade Idea: EUR/GBP – Sell at 0.7905

Although the single currency has retreated after rising to 0.7875 yesterday, reckon downside would be limited to 0.7795-00 and near term upside risk …
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Jan 232015
 
Nigerian central bank increases forex trading limits for lenders

Nigeria's central bank increased the foreign currency trading position for commercial banks on Thursday to 0.5 percent of their capital base from 0.1 …
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Kill Cheating by Pulling Trades Out of Shadows, BlackRock Says

The best way to fix currency and other markets dogged with allegations of cheating by banks is to shift trading out of the darkest corners and onto …
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ECB stimulus views support Asia FX, profit-taking limits upside

ECB stimulus views support Asia FX, profit-taking limits upside … Philippine currency has been supported by stocks and bond inflows, traders said.
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UPDATE 1-Nigerian central bank increases forex trading limits for lenders

LAGOS Jan 22 (Reuters) – Nigeria's central bank increased the foreign currency trading position for commercial banks on Thursday to 0.5 percent of …
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Jan 222015
 
Forex technical trading: EURUSD making NY session highs as correction continues

The EURUSD is pushing to new NY session highs. ECB Couere has been quoted as saying 'too early' to call quantitative easing. They (i.e., the ECB) …
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USD/CAD Trades into 2007 High

DailyFX provides forex news and technical analysis on the trends that … Learn forex trading with a free practice account and trading charts from FXCM.
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EUR/USD Slope Line is above 2005 Low for Next Several Days

-EURUSD is trading below the 2010 low and the next major support … Learn forex trading with a free practice account and trading charts from FXCM.
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Arrested RBS forex trader named as Paul Nash: sources

LONDON (Reuters) – Royal Bank of Scotland currency trader Paul Nash has … About 30 forex traders have been put on leave, suspended or fired as …
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