Jun 182014
 
Germany Posts Lackluster Data On Sentiment

The Euro traded steady against its U.S. counterpart following the release of disappointing data out of Germany which revealed that sentiment towards …
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China to start yuan vs. sterling trading in FX market from Thursday

BEIJING: China's central bank said on Wednesday that the Chinese currency will be traded directly against sterling in the interbank foreign exchange …
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Has Carney inspired the FOMC?

The FX markets are in a holding pattern ahead of the FOMC policy meeting this …. *Spread betting and CFD trading are exempt from UK stamp duty.
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South Korea aims to launch yuan/won trading this year: Official

… said on Wednesday, which will likely boost trade with China while helping Seoul prepare for the yuan's emergence as a major currency in the future.
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Jun 182014
 
S.Korea aims to launch yuan/won trading this year – official

Both the yuan and won are not fully convertible globally and companies use the dollar as the main currency in doing business with each other.
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Karvy expects Indian rupee to trade on mixed note

Karvy Stock Broking has come out with its report on currency. According to the research firm the Indian rupee is expected to trade on a mixed note with …
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When is your Green Charity too big? When it loses $5m currency trading

[BlueandGreen] Campaign group Greenpeace lost €3.8m (£3m, or $5.5m AUD) after an employee took a gamble on the currency market in 2013, …
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Wary traders look to US Fed for guidance

The local currency traded broadly flat against the US dollar on Wednesday, and fetched US93.34¢ by late afternoon trading. It started the week at …
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Jun 182014
 
Forex Market Review – FOMC Wednesday

With the FOMC statement and Bank of England bank rate votes due tonight, markets are going nowhere fast while traders sit on their hands in …
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Why the Fairfax Media Share Price Popped Today

However, despite the global nature of the internet and new media companies, Fairfax still has a strong presence in the Aussie market. It will now be up …
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Why Did the Premier Investments Share Price Rise Today?

In addition, Premier Investments is likely to be trading on news that Chairman Solomon Lew has recently acquired almost a 10% stake in David Jones …
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Jun 182014
 
Japanese Trade Balance Deficit Narrows As Exports Tumble

Asian currency markets were relatively quiet this morning. The Japanese yen eased against both the euro and the greenback to trade at 138.47 and …
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Fortress Adds FX Firepower From Citigroup, Deutsche Bank

Fortress also hired former Deutsche Bank AG currency trader Christopher Fahy for the liquid-markets business, which oversees $7.7 billion including …
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UPDATE 2-Citigroup FX chief Feig leaving bank for Fortress

Feig, who has been with Citigroup for 25 years, served as the bank's forex … Spot currency trading volumes in general have fallen sharply this year, …
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Pound Sterling to Rand Today – GBP ZAR Exchange Rate Advances on Risk Aversion

Pound Exchange Rate Today – The Pound Sterling (GBP) was trading … out for release on Wednesday is likely to deal another blow to the currency, …
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Jun 182014
 
Suddenly the FOMC meeting has a focus

Until this release the market had very little reason to tune into tomorrow's FOMC decision but … Monitor the markets with our customizable FX studies.
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Japanese Yen Unchanged After Trade Data, Eyeing FOMC Meeting

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Jun 182014
 
Sri Lanka holds rate, 2014 growth still seen 7.8%

… foreign currency inflows, the Central Bank also absorbed around US dollars 550 million form the domestic foreign exchange market,” the bank said.
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Morocco holds rate, sees 0.9% inflation, 2.5-3.0% growth

Morocco's central bank maintained its policy rate at 3.0 percent, saying inflation is forecast to remain in line with the banks' objective of price stability.
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Pragmatic Usage of Support and Resistance

The inherently risky part about trading support or resistance is that the … The thesis of The Number One Mistake that Forex Traders Make is to look for …
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Peak Oil Just Got Pushed Back Again…

We've explained before how things have shaped up in the oil market in recent years. For years folks in the US warned about a looming oil crisis.
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Jun 172014
 
Regulators to take steps on trade surveillance

Regulators are set to require FX market participants to add sophisticated surveillance technology to their electronic trading infrastructures as the next …
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Citigroup loses global FX chief

Citigroup is the world's currency-trading bank, according to a recent industry survey. (Reporting by Patrick Graham; editing by Jamie McGeever).
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Rogue trade stings greens

The employee was a financial expert whose job included currency trades to protect Greenpeace from fluctuations in the market, but he was not …
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US dollar closes higher on Taipei forex

Taipei, June 17 (CNA) The U.S. dollar rose against the Taiwan dollar Tuesday, gaining NT$0.005 to close at NT$30.066 in moderate trading as many …
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