Feb 072015
 
Big banks must face currency rigging lawsuit

According to the 2013 lawsuit, these banks have held an 84% global market share in currency trading and were counterparties in 98% of U.S. spot …
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FOREX-Swiss franc under pressure, euro broadly stronger

NEW YORK, Jan 29 (Reuters) – The Swiss franc dominated trade on major currency markets again on Thursday, weakening against the euro and the …
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Stocks ease on earnings outlook, Greece worries

Switzerland's franc again dominated trade on major currency markets, weakening against the euro and dollar amid renewed speculation of …
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Nasdaq head Bob Greifeld criticises SEC market panel

Nasdaq's domestic rival Bats Global Markets on Wednesday agreed to purchase Hotspot, a currency trading unit of KCG Holdings in a deal worth up …
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Feb 062015
 
EUR/USD Jammed into Old Support Line

-“EURUSD has taken out the 2005 low at 1.1640 and now trades at its lowest … Learn forex trading with a free practice account and trading charts from …
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Forex technical analysis: GPBUSD steps higher in trading today

The GBPUSD is making new highs for the day and is trading at the highest level since January 5th. The pair has moved above the 38.2% of the move …
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Forex technical trading: USDCAD corrects lower as oil prices rebound

The USDCAD has corrected to the downside in trading today helped by rising oil prices. The trade figures released earlier showed a -0.65 billion …
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Traders' Tears Put the Salt in FXSalt as BT Prime Client Shuts Down

After a thorough investigation, Forex Magnates' reporters can confirm that the company in question is BT Prime, which filed for bankruptcy protection …
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Feb 052015
 
The end of Currency 'Safe-havens'

Add to this that payments for oil in currencies other than the dollar, … trade' borrowed and sent into high yielding emerging market currencies, the …
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Yuan among top 5 global payment currencies

China's efforts to raise the global status of its currency are paying dividends, … Yuan trade settlement has made great strides since a landmark pilot …
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India's BSE slashes fees in FX derivatives battle with rival NSE

Since opening its currency derivatives platform in November 2013, roughly 5 … Outsourcing the trading platform has allowed the BSE to slash fees.
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The Raging “Currency Wars” across Europe

The SNB swept the rug from under the feet of currency, debt, and equity traders alike, when it decided to abandon its defense of the Euro versus the …
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Feb 042015
 
Volcker what? JPMorgan mints $300 million trading Swiss francs

Earlier this month, traders at the nation's biggest bank made $300 million in one day, … JPMorgan put its currency trading risk at just $8 million a day.
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What the 'Big Mac' Index Can Reveal about Global Currencies

No wonder most folks have a hard time getting their heads around the $5-trillion-a-day world of currency trading. Nevertheless, the second half of …
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US dollar closes higher on Taipei forex

The local central bank seized the opportunity of the sell-off in the currency in the … Turnover totaled US$1.148 billion during the trading session.
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EMERGING MARKETS-Latam currencies weaken on Fed outlook

EMERGING MARKETS-Latam currencies weaken on Fed outlook … to postpone a rate hike,” said Reginaldo Galhardo, head of currency trading at …
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Feb 032015
 
ForexLive Asia FX news wrap: Japan core CPI the lowest since June 2013

The focal point for Asian FX markets today was the Japanese CPI, with maybe the interview with an Aussie journalist on SkyNews a distant second.
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AUD/USD Wave Relationships Suggest Support Nearby

Since the Bank of Canada came out with their surprise rate cut last week, the commodity currencies have been under pressure including AUDUSD.
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JPMorgan Settles Foreign Exchange Manipulation Case

They claimed that the traders of the banks used chat rooms, e-mail and instant messaging to work together in rigging the foreign currency rates.
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Gold Was Up 73% Last Year!

Dmitry sipped his coffee drink at his favorite café in Moscow, flipping through the newspaper in front of him. It was full of bad news: currency troubles, …
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Feb 022015
 
Forex technical trading: EURUSD doing another one of those low momentum dips, but trying

The EURUSD dipped below the 100 hour MA yesterday and wandered a little lower but not by much. Currently, the price is dipping below the 100 …
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Outside the Box: 2015 Investment Themes

Virtually all currencies are being devalued against the dollar, which, as the world's reserve and major trading currency, can't really be devalued.
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Forex technical trading: NZDUSD trend slows but sellers still in control after RBNZ

Anyway, the trend lower continued in trading today and is approaching the lower channel trend line on the hourly chart (see above). The lower trend …
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Watchlist Analysts Forecast Continued Blue Sky for Biotech Industry

… equity analyst at MLV & Co., has more than 10 years of experience as a life sciences equity analyst writing research on publicly traded equities.
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Feb 012015
 
No need for hostilities in the phoney currency war

Then its exchange rate falls and cries of “currency war” go up in financial … The single currency area already runs a sizeable trade surplus and its …
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BSE slashes fees in FX derivatives battle with NSE

BSE muscled into currency derivatives markets after signing a deal in 2013 with Deutsche Boerse to its trading platform by paying a fraction of the …
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Swiss franc under pressure, euro broadly stronger

“Despite all the uncertainties related to Greece, the euro is trading … major currency in four decades by scrapping its cap on the franc two weeks ago.
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BSE slashes fees in FX derivatives to gain ground against NSE

BSE slashes fees in FX derivatives to gain ground against NSE … Brokers, certainly, hope lower trading fees will drive up trading volumes in currency …
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