Feb 092018
 
Dollar Higher as Global Stock Market Rout Extends

In the currency markets, Dollar is trading broadly higher today, but overwhelmed by New Zealand Dollar. Yen follows closely as the third strongest today, but the strongest for the week. Notable weakness is seen in European majors. Economic data are talking a back seat today. US trade deficit widened …
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Serenity: Cryptocurrency trading versus forex trading

The investment asset with a more than forty-six-fold increase will undoubtedly come to the attention of any trader who makes money in speculative markets. Watching the abrupt rise of the entire crypto market in 2017, private traders, who trade in the currency and contract for difference, have gradually …
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GBPUSD breaks the next target and moves above 1.4000

The run higher in the GBPUSD has run against expectations that the UK Brexit issues would put a lid on the pair. That has not been the case. In the new year, the low stalled at 1.3456. That was close to the lowest of the post-Brexit swing highs from 2016 (see yellow area on the daily chart above).
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Cryptocurrency craze gets European exhange: World's biggest bitcoin trading platform BitFlyer …

The cryptocurrency craze looks like going from strength to strength in Europe after the world's biggest trading platform was granted a regulatory licence to operate in the European Union. Tokyo-based BitFlyer, which was set up in 2014 and already serves the huge demand for digital currencies in the US …
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Feb 082018
 
FOREX-Dollar rises as US yields fall with stock losses

Data on currency futures positions showed net bearish bets against the dollar swelled to $17.5 billion last week, just shy of a five-year high. The euro fell 0.39 percent to trade at $1.2412, slightly below a three-year high of $1.2538 on the EBS trading system . The euro briefly pared losses following …
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Bundesbank director Wuermeling denies QE favours certain countries

The remark will be somewhat swamped by the focus on the equity market rout. FX markets have been impacted by stock market moves, fairly mildly, with a 'risk off' move weighing on EUR, AUD et al. Yen and CHF will (somewhat) benefit from 'safe haven' flows.
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Ripple Price Action Respects Technical Levels, Will it Hodl?

During Wednesday' s Cryptocurrency Webinar , as sellers rode roughshod over the market , we noted that Ripple had become stuck in a downtrend that started on January 4 this year, respecting both sides of the channel. … Learn forex trading with a free practice account and trading charts from IG .
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Financial stock to watch: SLM Corp (NASDAQ: SLM)

Moreover, in the fourth quarter of FY 17, the private education loan originations grew 4 percent to $634 million. In the 4Q 2017, the net interest income grew 26 percent to $309 million and net interest margin of 6.00 percent, up 45 basis points. The average private education loans outstanding grew 23 …
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Feb 072018
 
S&P 500 nears a session high as the final hour of trading kicks off (update: fresh high)

S&P 500 nears a session high as the final hour of trading kicks off (update: fresh high). Tue 6 Feb 2018 20:05:09 GMT. Author: Adam Button … Another round of fear versus greed is underway with stocks into the final hour of trading. The S&P 500 is up 27 points to 2676. The early high of 2682 is the …
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Naira Trades At 363/Dollar As CBN Injects $210m Into Forex Market

The Nigerian naira on Monday, February 5, recorded a marginal gain at the parallel market, trading at 363 per United States dollar, up from 364/dollar on Friday. In recent weeks, the local currency has been trading between 362/dollar and 365/dollar. Financial experts have said that the naira is likely to …
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Forex technical analysis: AUDUSD double bottom. Rebounds toward day highs

The AUDUSD formed a double bottom at the 0.7836 level. The first low was made after retail sales and trade were weaker than expected. The second low was made in the early hour of NY trading. Holding the low (and perhaps the stock market rebound) has helped the move back into risk. The AUDUSD …
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GMO Click Reports Strong FX Volumes for January 2018, Substantially Higher MoM

For the month ending January 2018, GMO Click disclosed a figure of Â¥82.7 trillion ($752 billion) for its over-the-counter (OTC) FX trading volumes, or FXNeo … In terms of FX OTC accounts, which trade through the company's retail forex trading FXNeo platform, the figure showed a flat change, yielding …
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Feb 062018
 
CANADA FX DEBT-C$ rises vs weaker greenback as investors weigh inflation data

At 9:13 a.m. EST (1413 GMT), the Canadian dollar was trading 0.2 percent higher at C$1.2355 to the greenback, or 80.94 U.S. cents. The currency traded in a range of C$1.2298 to C$1.2391. On Thursday, the loonie touched a four-month high at C$1.2283. Canada's annual inflation rate dipped to 1.9 …
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The dollar's terrible week is a warning of what could come if Trump's team missteps on trade

U.S. officials created a small firestorm with their dollar comments in the chilly air of Davos this week, but a much more important factor for the future of the currency will be what they say and do about trade when they leave Switzerland. Strategists say the dollar could consolidate now after its latest bout of …
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BNP Paribas unit fined 90 mln USD for currency rigging

WASHINGTON, Jan. 26 (Xinhua) — BNP Paribas USA, a subsidiary of BNP Paribas, pleaded guilty to participating in a price-fixing conspiracy in the foreign currency market (FX), and agreed to pay a criminal fine of 90 million U.S. dollars, said the U.S. Department of Justice on Friday. BNP Paribas USA …
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What South Korea's Cryptocurrency Ban Means for Bitcoin

The first of South Korean cryptocurrency regulations will kick off on January 30. These new restrictions will ban the use of anonymous bank accounts to make crypto transactions, keep underage investors and foreigners from opening accounts in any South Korean exchange, and will heavily tax virtual …
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Feb 052018
 
If Natural Gas Ignores Mother Nature, Indecisive Moves Will Prevail

All trading carries risk. Only risk capital be involved which you are prepared to lose. 2. Remember, YOU push the buy button and the sell button. Investors are always reminded that before making any investment, you should do your own proper due diligence on any name directly or indirectly mentioned …
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USDCHF moves above 100 hour MA…

The USDCHF is breaking above its 100 hour MA at 0.9323. The price has not been above the 100 hour MA since January 23rd. On the move higher, the price also moved above a trend line at 0.9308. That level is a risk level for longs now. Stay above and the buyers are taking back more control.
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US Political Uncertainty Could Rattle Markets

Political risk has the potential to grip the currency market in the near term, according to one foreign exchange strategist with a close eye on Washington this week. Concerns over a U.S. government shutdown loom. President Donald Trump was said to support a short-term funding bill to prevent such an …
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Forex training nyc

Ly they regulated make steps and if you still a very bad respects from the indicators where also properly with others has no cost-free traders who would stock market forex training nyc as recommunication by they with Kevin's looking options for a brokers with Binary Options traditions broker website is …
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Feb 042018
 
US Department Of Justice: BNP Paribas USA Inc. Pleads Guilty To Antitrust Conspiracy – Sixth …

BNP Paribas USA Inc. (BNPP USA), a subsidiary of BNP Paribas S.A., pleaded guilty yesterday to participating in a price-fixing conspiracy in the foreign currency exchange (FX) market, the Justice Department announced. According to the one-count information filed yesterday in the U.S. District Court for …
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BNP Paribas Pleads to Antitrust Conspiracy, Agrees to $90M Fine

BNP Paribas pleaded guilty to a single count violation of the Sherman Act and agreed to a $90 million criminal fine to settle an investigation into a foreign exchange price-fixing conspiracy involving central and eastern European, Middle Eastern and African currencies, the U.S. Department of Justice …
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US fines BNP Paribas US$90 million for price fixing in forex market

NEW YORK (AFP) – BNP Paribas pleaded guilty to conspiring to fix the foreign exchange market and agreed to pay a US$90 million (S$118 million) criminal fine to settle the case, the US Justice Department announced Friday (Jan 26). The big French bank worked to fix prices of the currencies of Central …
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CANADA FX DEBT-C$ strengthens vs weaker greenback as core inflation rises

Speculators raised bullish bets on the Canadian dollar for the third straight week, data from the U.S. Commodity Futures Trading Commission and Reuters calculations showed. As of Jan. 23, net long positions rose to 22,557 contracts from 17,556 a week earlier. Canadian government bond prices were …
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Feb 032018
 
Crackdown Sends Cryptocurrency Prices Tumbling

Leading cryptocurrencies, including bitcoin and Ethereum, tumbled after Bloomberg reported that digital currency exchange Bitfinex was subpoenaed by the U.S. Commodity Futures Trading Commission. In addition to the Bitfinex subpoena, South Korea has begun implementing a new set of stricter …
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Seoul not banning cryptocurrency exchanges, uncovers US$600m illegal trades

SEOUL: South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that … Illegal foreign currency trading of 472.3 billion formed the bulk of the cryptocurrency crimes, it said in a statement, but gave no details on what action …
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Forex – Korea Flows: USD/KRW traded tightly above 1070.00

USD/KRW onshore spot gapped higher to open at fresh 1-month high of 1074.00 from last close of 1073.60. The currency pair sustained trading above 1070.00 handle and traded tightly at 1072.80. South Korea and U.S will begin 2nd round of FTA talks to seek amendments amid rising trade tensions …
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FOREX-Euro gains as dollar bounce runs out of steam

After Trump said on Thursday he ultimately wanted the dollar to be strong, the dollar pared losses against major currencies. But against a basket of six major currencies, the dollar last traded on Friday at 88.87 .DXY , after hitting a three-year low of roughly around 88.43. The dollar index has slid more …
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Feb 022018
 
AvaTrade Review | Read This Before You Trade

If you are looking for a seamless trading experience, then AvaTrade is the Forex broker for you, as it promises to deliver just that! AvaTrade is among the top Forex brokers in the world. Since its establishment in 2006, AvaTrade has gained a wealth of experience and sufficient resources that have …
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EUR/USD hits 3-year high as dollar fails to catch bid

The FX markets will operate normally, although volumes are likely to be low, while US stocks will be shut for trading and US index futures will close when London goes home. Meanwhile the euro has found additional support from news German political leaders have apparently agreed to begin formal …
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Forex technical analysis: AUDUSD falls to MAs and sees a bounce

Forex technical analysis: AUDUSD falls to MAs and sees a bounce … Traders used the levels to land and the price has rebounded a bit. The move lower did retrace the gains from the better … The high reached 0.7904. The failure may be enough to take the wind out of the bulls sales, at least for a trade.
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GBPUSD trades to day highs. Continues run higher

The price of GBPUSD is moving to new session highs and above the 1.37000 level. The pair trades at the highest level since Brexit day in June 2016. The swing low from the end of February 2016 is at 1.38348 and that is the next target from the daily chart. Today the price moved above the 2017 high at …
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Feb 012018
 
AUD/USD Price Rally Vulnerable Ahead of FOMC, NFP

Technical Outlook: Aussie has rallied for the past seven consecutive weeks prices rallying nearly 8% off the December lows. Earlier in the month we noted that, ” A breach above the high-day close at 8054 targets channel resistance around ~ 8100 backed by the 2017 high at 8125 and the 100% …
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Live FX Trading on Real Account With Gravity

Trading Real Funds With the COG Channel Strategy.
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Gold, GBP, EUR Technicals Ahead Of FOMC

By FxGrowForex1 hour ago (Jan 31, 2018 10:10AM ET) … Comment The market still alerts for a peak and short-term topping turnover. … Trade may yet find residual bull forces holding up trade in sideways congestion days around 1250+/-, but a close over 1359.20* is needed to rekindle bull trend forces.
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Cryptocurrency Weekly Trading Outlook – Bitcoin, Ethereum & Ripple

Whether you're a new or experienced cryptocurrency trader, we have several resources to help you;Introduction to bitcoin trading guide, indicator for tracking trader sentiment, archived articles, and a weekly webinar discussing the latest developments.
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Jan 312018
 
Donald Trump in Davos: dollar talk adds to fears of trade war

That momentum could be checked, however, if leading economic powers start clashing over currencies or trade relations as America pulls back from its role at the vanguard of the liberal international order. Polling across 134 countries from Gallup suggests America's traditional leadership role has …
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People show huge interest in Robinhood Crypto, but skeptics worry it will just fuel the bubble

Just over 24 hours since no-fee stock trading app Robinhood announced it would roll out free digital currency trading in February, 530,000 and counting have signed up to “get early access.” That surge of interest has quickly brought out the critics: skeptics of bitcoin's skyrocketing price and Robinhood's …
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How a strong or weak dollar affects investment returns

Among the many things advisers have to worry about, the direction of the U.S. dollar on foreign currency exchanges typically ranks somewhere between where to go out to dinner next Tuesday and how often to floss your teeth. But the dollar's moves could have a big impact on returns from international …
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Japan's Coincheck suffers largest virtual currency theft

At around 3 a.m. Friday, essentially all NEM — a type of virtual currency — held by the Tokyo-based exchange was illicitly transferred out of its digital coffers. Coincheck discovered the breach after 11 a.m., and soon halted withdrawals in all currencies. Trading is on hold for all virtual currencies except …
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