Jun 202014
 
Today in APIs: Oanda Opens Trading Platform with API

Oanda releases an API for it Forex trading platform. Bottlenose offers an API for its trending tools. Plus: Rackspace launches OnMetal cloud servers, …
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Pound to Rand (GBP/ZAR) Exchange Rate Holding Steady after SA Deficit Data

On Wednesday the Rand was bolstered against almost all of its most traded currency counterparts following the release of some upbeat domestic …
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Jun 202014
 
Thursday Morning Markets Continue To React To The Fed

Gold on the other hand climbed a bit and is trading at 1277.50. … in early part of the trade which led to rise in demand for the low yielding currency.
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Trade Idea: EUR/JPY – Sell at 139.40

As the single currency has continued to move higher after staging a rebound from 137.71 earlier this week, retaining our view that further consolidation …
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Forex: J$111.76 to one US dollar

KINGSTON, Jamaica –The US dollar on Thursday, June 19 ended trading at J$111.76, down four cents from Wednesday, according to the Bank of …
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Jun 192014
 
Currency probe widens as prosecutors said to target markups

U.S. prosecutors are broadening their investigation of the foreign-exchange … Banks aren't required to provide time stamps showing when currency … and trade currencies infrequently, overcharged such clients as recently as 2011, …
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Jun 192014
 
ForexLive Asia Wrap: Noisy neighbours (lots of Yellen), but Asia ignores it

Forex trading headlines for Asia Thursday 19 June 2014 New Zealand Q1 GDP + 1.0% q/q (vs. +1.1% expected) Reserve Bank of New Zealand …
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Dollar Exchange Rates Outlook – USD Losses Against Pound Sterling & Euro Today

The USD went on to take a beating as markets sold the currency, losing over … The Dollar to Pound exchange rate is trading down -0.26% at 0.58678 …
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FX Board for June 19: Gold and silver strongest currencies post-FOMC

FX Board for June 19: Gold and silver strongest currencies post-FOMC. John J Hardy …. Read more of his commentary on our social trading site here.
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People's Bank of China welcomes direct trading between RMB and Great Britain Pound launched …

With the authorization of the People's Bank of China, the China Foreign Exchange Trade System (CFETS) has announced on 18 June, 2014 to launch …
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Jun 192014
 
Attack the Forex Market with Support and Resistance

Attack the Forex Market with Support and Resistance. By James Stanley, Forex Trading Instructor … This is, in-and-of-itself, a huge part of trading.
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Forex Chatrooms Show Traders Shared Order, Price Details: Report

The latest estimates by banking sector analysts of likely fines for such anti-competitive practices in the currency market now far exceed the $6 billion …
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FOREX-Dollar hurting post-Fed, Norwegian crown sinks

The U.S. currency hit a three-week low against a basket of currencies in … It sank to a two-month low in 2 minutes of manic trading after the central …
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Forex and the 2014 World Cup Group Stage

As Holland and Spain both use the same currency, we cannot measure any possible market-moving effect of this match in the Forex market, so we …
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Jun 192014
 
Dollar Seems Likely to Bounce versus Yen

USDJPY – Forex trading crowds are their most net-long the US Dollar versus the Yen since it bottomed near Â¥101.50, and one-sided sentiment warns …
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Trade Idea: EUR/USD – Buy at 1.3580

As the single currency has surged again after finding good support at 1.3548, reviving our near term bullish view that a temporary low was formed at …
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Gold Targets Fresh Peaks Amid Key Shift

GOLD – FX trading crowds are now net-short Gold versus the US Dollar for the first time since it peaked near $1315 in early May. The sharp shift in …
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Trade Idea: GBP/USD – Stand aside

The British pound has risen again after finding renewed buying interest at 1.6922 yesterday and the intra-day breach of this week's high of 1.7011 …
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Jun 192014
 
WEEKAHEAD-AFRICA FX-Tax payments seen boosting demand for African currencies

The Ugandan shilling was seen trading in a stable range as companies paid their taxes in the local currency, keeping a lid on demand for dollars.
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BOG Review of Foreign Exchange Rules Takes Effect

The revision of the Bank of Ghana's (BoG's) rules on foreign exchange operations to enhance transparency in the foreign exchange market has taken …
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Pound to Euro (GBP/EUR) Exchange Rate – Declines Forecast for Tomorrow

… Pound was trading at a five year high after the US currency was weakened … As it stands the GBP to Euro pairing is trading in the region of 1.2506 …
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