Oct 282014
 
FOREX-Sweden's crown slides as Riksbank cut rates to zero

It was trading at 9.2615 crowns before the rate decision. … The dollar traded steady against the euro, with the single currency last trading at $1.2700.
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Could the renminbi become number 'yuan'?

Indeed, many question whether the currency might eventually grow to rival the US dollar as a staple currency option for trade settlement.
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Singapore becomes 9th country to start direct yuan trading

China's RMB has begun direct trading with the Singapore Dollar making Singapore the 9th country to start direct trading with the Chinese currency.
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Forex: The Strongest and Weakest Currencies for October 28, 2014

The strongest and weakest currencies as NY traders enter for the day. … Every currency pair in the chart below is trading significantly below it's 22 day …
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Oct 282014
 
FlexTrade selected by Berkeley Futures for FX trading

“By using MaxxTrader as a comprehensive solution, Berkeley will be able to facilitate and navigate trading in the global currency markets,” said Vikas …
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Saudi riyal market calms after jolt due to capital outflow

… large flows, albeit the onshore players seem happy enough to continue to sell USD's into the rally,” the head of currency trading at a local bank said.
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You are here: HomeBNY Mellon open Singapore FX office

BNY Mellon has opened a new foreign exchange (FX) dealing room in Singapore. The new FX trading desk will focus on primary G10 currencies in …
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Israel FX regulation update: Leverate General Counsel Steven Kruger explains

Israel FX regulation update: Leverate General Counsel Steven Kruger … the risks involved in currency trading, identify that individuals have reached …
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Oct 282014
 
FXCM to Pay $180000 Penalty for Unregistered Trades to Canadian Provincial Regulators

We are aware that local regulators in certain Canadian provinces and territories have begun to determine that FX trading services must be carried out …
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Oliver Gross Says Peak Gold Is Here to Stay

To give one example, Netflix was recently trading at 144 times earnings. … and guaranteed faith in the U.S. dollar as the world's reserve currency.
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Forex Strategy: GBP/USD Creeps Towards 1.6170 Ceiling Following Bullish Signal

GBP/USD has edged upwards in recent trade following the emergence of a Morning Star pattern. Although a bullish signal, the potential for a …
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US stocks trading slightly lower as we crack open a new week

Ryan Littlestone has been working in financial markets for more than 20 years. Wide-eyed, he stepped out of Bank station in London to join LME …
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Oct 282014
 
Keeping Eye on Yen as Reversal May Offer Trade Opportunities

FX Volatility Prices Have Come off Sharply – Quieter Moves Ahead? … intensity by telling us where price stands in relation to its 90 trading-day range.
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Forex Strategy: AUD/USD Indecision Endures Near Critical Ceiling

AUD/USD's sideways drift has produced yet another Doji candlestick near the 0.8885 ceiling. The formation suggests traders remain indecisive at the …
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Oct 282014
 
China and Singapore start direct currency trading

The Monetary Authority of Singapore (MAS) said the direct currency trading will lower forex transaction costs and encourage greater use of the …
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FinCEN Clarifies that Virtual Currency Payment Systems and Trading Platforms Are Money …

fincen us treasury FinCEN has released two new Virtual Currency Guidance notes today. FIN-2014-R011 and FIN-2014-R2012 both detail FinCEN's …
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Yuan milestone as onshore direct trade with Singapore dollar starts

The yuan will start onshore direct trading with the Singapore dollar today, a milestone in Beijing's ambition to globalise its currency and offering cost …
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Direct trading between yuan, S'pore dollar starts today

China's interbank foreign exchange market will start direct trading between the yuan and the Singapore dollar today in a move that will promote the …
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Oct 282014
 
Trade Idea: EUR/GBP – Buy at 0.7820

Although the single currency has remained under pressure after retreating sharply from 0.8047 and near term downside risk remains for weakness …
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Dollar Gains Traction in Volatile Week

Trading is likely to remain nervous and choppy heading into month-end, especially as the FOMC looms, and growth concerns will add to an already …
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Support and Resistance Trading with Binary Options

One of the first things many forex traders learn when they start out are the definitions of support and resistance and how to trade them. Binary options …
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Forex Market: EUR/CHF daily trading forecast

Friday's trade saw EUR/CHF within the range of 1.2049-1.2076. The pair closed at 1.2062, losing 0.04% on a daily basis. At 7:50 GMT today EUR/CHF …
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Oct 282014
 
EUR/CAD Bulls Gain Momentum As Oil Slides Lower

EUR/CAD recovered above 50-Day Simple Moving Average in the early trading hours on Monday, showing strong intentions of resuming October's …
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Nasdaq presses on with plan to clear forex derivatives in Europe

While politicians have exempted certain kinds of FX trading from the clearing mandate, US regulators included other types of trades, notably …
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Forex Technical Trading: Continuing AUDUSD saga. Bull or Bear or Range?

The saga of the AUDUSD has continued today with choppy trading conditions today. The pair has a bullish bias from the hourly chart at least, but there …
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EURUSD Price Breakout Update

Looking for more FX Reversals? Sign up for my … The breakout failed, and price is now trading inside of its predefined trading range. Currently range …
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Oct 282014
 
FX TRADING: Opportunities for PROFIT

When buying the FX pair, a person need only pay an initial margin of US$1,800 to receive the difference of 2.25 per cent interest which is based on the …
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OANDA Earns Top Honours in Investment Trends' 2014 U.K. Forex Traders Survey Awards

OANDA, a global provider of online foreign exchange (FX) and contract for difference (CFD) trading services, has been lauded by U.K.-based forex …
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China, Singapore launch direct currency trading

SUZHOU, Oct. 27 — China and Singapore officially announced direct currency trading on Monday, marking another important push forward for China …
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FinCEN Issues Administrative Ruling on Virtual Currency Payment System

Titled 'Administrative Ruling on the Application of FinCEN's Regulations to a Virtual Currency Trading Platform' the organization has responded to …
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Oct 282014
 
Brazil's currency opens sharply lower on Dilma Rousseff's re-election

Brazil's currency opens sharply lower on Dilma Rousseff's re-election … currency swap program in what many traders see as a managed trading band.
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China, Singapore directly trade currency

China on Tuesday begins direct trading of its currency with the Singapore dollar, adding it to the 10 foreign currencies already allows for transactions.
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S'pore, China launch direct trading of currencies

SINGAPORE and China will start direct currency trading today, in a move set to lower the cost of doing business. It will also boost the already strong …
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USDINR October may trade in 61.18 – 61.40 range: Karvy

Karvy has come out with its report on currencies. According to the research firm, USDINR October is expected to trade in a range of 61.18 – 61.40.
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