Dec 042017
 
Japanese Bitcoin exchange bitFlyer launches in US

The move by the Department of Financial Services allows bitFlyer USA — a wholly-owned subsidiary of Japan-based bitFlyer, Inc. — to offer online digital currency exchanges, trading platforms and custodial wallet services for the Bitcoin digital currency. “As New York's financial services regulator, DFS's …
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Japan's biggest crypto-exchange is coming to the US — and it's hoping to solve one of bitcoin's …

According to CoinDesk's recently published State of the Blockchain Report, trading between bitcoin and the Japanese yen is higher than trading with any other fiat currency. Already, bifFlyer has a number of institutional investors trading on its platform in Japan. It says by moving to the US, it will provide …
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With Regulatory Approval, BitFlyer Launches US Exchange Targeting Institutional Traders

The latest cryptocurrency move targeting U.S. institutional investors comes from Tokyo-based bitFlyer, the operator of Japan's leading Bitcoin exchange by trade volume. The firm announced on Tuesday the launch of bitFlyer USA, a San Francisco-based virtual currency exchange for U.S. traders to buy …
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USD/CHF May Be More Tradable Than EUR/USD

EUR/USD may be the most liquid currency pair in the FX market, but it is also the most fundamentally encumbered and listless. In contrast, USD/CHF …
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Dec 032017
 
BOE's McCafferty: Need to get interest rates higher before any QE unwinding

BOE's McCafferty: Need to get interest rates higher before any QE unwinding … Founded in 2008, ForexLive.com is the premier forex trading news site …
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Forget the efficient market hypothesis, all you need is a calendar

Anyway, this market is like Black Friday: Buy everything because the prices … Founded in 2008, ForexLive.com is the premier forex trading news site …
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'Landmark' EU ruling for Gibraltar-based Euro Bitcoin exchange

Globitex, has been launched as the new bitcoin exchange. It was co-founded by early bitcoin adopter and former founding board member of the Bitcoin Foundation Jon Matonis, who has called the launch and Euro approval “a significant milestone” in its journey to make bitcoin a “truly global currency of …
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South Korea Won't Regulate Bitcoin, Not Until it Turns a Legal Currency

South Korea's financial regulator and watchdog has no intention of regulating bitcoin trading or supervising bitcoin exchanges, a local report has confirmed. Speaking to reporters on Thursday, South Korea's Financial Supervisory Service (FSS) chief Chloe Heung-sik revealed bitcoin isn't deemed a …
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Nov 302017
 
Euro Steadies Despite German Political Worries

The common currency Euro steadied finally after recording its largest decline in about a month yesterday. FX traders have apparently shrugged off the political deadlock in Germany, for the time being at least, and likely only if the fallout doesn't impact Angela Merkel. Analysts say that markets are instead …
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A Hacker Warning for Bitcoin

Saying Bitcoin is un-hackable is of small comfort to those who've lost money through cracks in its ecosystem of exchanges, intermediaries and …
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Australia's biggest Ponzi scheme fleeced investors of $209 million from a base in Bondi Junction

The scheme — operating as Courtenay House and Courtenay House Capital Trading Group — promised “mum and dad” investors bumper returns of up to 25 per cent. They believed their money would be invested in the foreign currency exchange markets. But it was all a house of cards, according to the …
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Spain Sept trade balance EUR -2.148bln vs -3.227bln prev

Because foreigners must buy the domestic currency to pay for the nation's … analysis charting tips, forex analysis, and currency pair trading tutorials.
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Nov 282017
 
Tokyo-based bitcoin exchange bitFlyer launches in the US

The US expansion comes on the heels of bitFlyer's explosive growth in Japan with more than $100 billion in virtual currency traded year-to-date. With more than 30 percent1 of worldwide Bitcoin exchange volume currently facilitated through bitFlyer, the US-based expansion has opened the doors for US …
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Credit Agricole still likes euro longs

Credit Agricole CIB FX Strategy Research discusses its bullish EUR outlook, while holding long EUR/USD position* from 1.1770 targeting 1.2200 and …
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Bitstamp To Launch Bitcoin Cash Trading

Bitstamp, one of the oldest cryptocurrency exchanges, announced it will launch trading of Bitcoin Cash, a new currency that many Bitcoin supporters view as a rival. “We get requests from our users who want to trade it,” said Bitstamp CEO Nejc Kodric. “We want to be as agnostic as possible so we look at …
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EUR/USD Adds a Third Fundamental Weight to Test 2017's Prevailing Trend

See how retail traders are positioned in the most liquid Euro-based pairs … We focus on the most liquid currency pair in the global markets in today's …
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Nov 262017
 
Canada Sept wholesale trade sales -1.2% vs +0.6%

Canada Sept wholesale trade sales -1.2% vs +0.6% … leading edge technical analysis charting tips, forex analysis, and currency pair trading tutorials.
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Bitstamp's CEO Explains His Decision to List Bitcoin Cash

This week the European digital asset exchange, Bitstamp, revealed to news.Bitcoin.com that bitcoin cash markets would be listed on the trading platform within the next few weeks. BCH trading will be available in three currency pairs including BCH/BTC, BCH/USD, and BCH/EUR. Over the past few …
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Nearby notable FX options for expiry Tuesday 21 November 2017

Nearby notable FX options for expiry Tuesday 21 November 2017 … technical analysis charting tips, forex analysis, and currency pair trading tutorials.
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Tuesday's Forex Update: GBP/NZD

GBP/NZD continues to rise inside the clear daily Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 7-bar level – which is the result of the medium Initial Trend (4 bars), strong Uniformity (8 bars) and high Clarity (9 bars).
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Nov 252017
 
South Korean Finance Watchdog Has 'No Plans' to Regulate Bitcoin Trading

In remarks made to reporters today, Choe Heung-sik, chief of the Financial Supervisory Service (FSS), said that, since his agency does not view cryptocurrencies as “legitimate currency,” the FSS does not intend to supervise trading of the digital assets. According to a Korea Times report, Choe added the …
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FX round-up: Sterling steady while euro moves up for third day

A bank holiday in the US played some part in reduced volume on the market on Thursday as sterling fell 0.17% to 1.3301 against it's US counterpart, while the dollar index slipped 0.09% to 93.133 by 1555 GMT. Sterling lost further ground against the euro trading 0.41% lower to 1.1226 as minutes were …
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WEEKAHEAD-AFRICA-FX-Kenya shilling to firm after court upholds Kenyatta re-election, Kwacha …

At 0908 GMT on Thursday, commercial banks quoted the currency of Africa's second-largest copper producer at 10.0850 per dollar from 10.0000 at the close a week ago. “The local unit is expected to continue trading on the back foot as long as the market does not see any pick in supply of dollars,” …
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FOREX-Euro up for a 3rd day as outlook brightens

The euro EUR=EBS was up 0.2 percent on the day at $1.1850 against the dollar and not far from a one-month high of $1.1862 set last week in a holiday-shortened week. Trading conditions were thinner than usual on Thursday, with Japanese financial markets shut for a public holiday and U.S. markets …
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Nov 222017
 
SoOum Corp. Announces 1:500 Reverse Stock Split

SoOum Corp. is a Physical Commodities Arbitrage Trading company … reliance on key customers; fluctuations in foreign currency exchange rates; …
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Patterson Companies (PDCO) Misses on Q2 Earnings, Cuts View

Hurricanes hurt Patterson Companies' earnings per share by approximately a penny in the quarter. Net sales fell 2.3% from the year-ago quarter to $1.39 billion, which also missed the Zacks Consensus Estimate of $1.42 billion. Adjusting the effects of foreign currency exchange, sales declined 2.8% on …
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UK's Davis seeking completely new trade deal post-Brexit, not a copy of previous agreements

UK's Davis seeking completely new trade deal post-Brexit, not a copy of … Founded in 2008, ForexLive.com is the premier forex trading news site …
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Nigeria Leaves Key Rate at Record High as Inflation Persists

Policy makers have adopted a system of capital controls, multiple exchange rates and a trading window known as Nafex to stem a decline in the naira. While the complex regime has helped the Nigerian currency's official exchange rate converge with the black-market rate, the bank refuses to allow the …
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Nov 192017
 
Ex SAFE official says China should ease FX controls

Ex SAFE official says China should ease FX controls … leading edge technical analysis charting tips, forex analysis, and currency pair trading tutorials.
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Atlanta Fed's Bostic: Appropriate to raise US rates gradually over next couple years

Atlanta Fed's Bostic: Appropriate to raise US rates gradually over next couple … Founded in 2008, ForexLive.com is the premier forex trading news site …
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CANADA FX DEBT-C$ firms against weaker greenback as NAFTA talks loom

At 9:23 a.m. ET (1423 GMT), the Canadian dollar was trading at C$1.2711 to the greenback, or 78.67 U.S. cents, up 0.2 percent. The currency's …
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Switerland Oct producer and import prices mm 0.5% as prev

Slightly more upbeat yy reading leaves USDCHF on session lows as EURUSD demand and EURCHF demand help push the pair lower.
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Nov 122017
 
Sophos raises outlook after strong first half trading

Profit was also reduced by a currency exchange loss of $5m compared with $400,000 a year earlier. Chief executive Kris Hagerman said: “The …
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Bitcoin's $6400 Price Tag Explained By Initial Coin Offering Craze

A similar, but less pronounced phenomena, has occurred with Ether, the second most traded digital currency after Bitcoin. (Ether itself, raised $18 …
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EURUSD spikes higher as London/Europe traders head to end of day/month

Looking at the 5-minute chart, the pair had been in a 29 pip trading range … analysis charting tips, forex analysis, and currency pair trading tutorials.
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Forex option contract expiries for today 1 Nov

Forex option contract expiries for today 1 Nov … leading edge technical analysis charting tips, forex analysis, and currency pair trading tutorials.
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Nov 102017
 
China's yuan firms on corporate dollar sales, set for winning month

State-owned banks sold dollars in the forex market in late 2016 and earlier this year in what some traders believe was part of official efforts to prop up …
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As China closes its doors to cryptocurrencies, exchanges shift their attention overseas

ZB.com, an overseas platform operated by Chinese digital currency exchange chbtc, has said it will make an international trading function available …
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Best Brokers for Forex Trading

TD Ameritrade offers 77 currency pairs compared to 71 by Oanda, 52 by Forex.com, 44 by …
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CANADA FX DEBT-C$ weakens as GDP data further cools rate hike prospects

At 9:13 a.m. ET (1313 GMT), the Canadian dollar was trading at C$1.2892 to the greenback, or 77.57 U.S. cents, down 0.5 percent. The currency …
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