Dec 122014
 
Forex technical trading: GBPUSD moves back toward ceiling area

The GBPUSD was moving toward a old ceiling/”remembered” area as London traders exit for the day. That area comes in at 1.5734-40. This was …
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Low Oil Prices and Auto Sales Collectively Boost Palladium's Value

With US Oil trading below 60 dollars a barrel households are seeing an … Learn forex trading with a free practice account and trading charts from …
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FOREX-Oil slide knocks Norwegian crown; data bolsters dollar

The U.S. dollar index bounced from its session lows on the data, trading at 88.355, still off 0.33 percent on the day. The dollar erased early losses to …
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Trade Idea Wrap-up: GBP/USD – Stand aside

Although the British pound edged higher, as cable has retreated again after faltering below resistance at 1.5757 (this week's high), retaining our view …
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Dec 122014
 
US Retail Sales in November hit 8-month high

The trading volume on US exchanges was 4.5% higher than the last … We deem that the single European currency is growing due to the ECB's euro …
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New York Times on Benefits of Gold in Currency Wars

New York Times on Benefits of Gold in Currency Wars …. The trading floor and and a bonded warehouse will be one of the largest in the world and …
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Dec 122014
 
Namibia holds rate, concern over high household credit

The Bank of Namibia, which has raised its rate by 50 basis points this year, said the country's trade deficit widened further in the third quarter of the …
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Trade Idea Update: USD/CHF – Stand aside

Although the greenback has retreated after meeting selling interest just below the upper Kumo and retest of this week's low at 0.9628 cannot be ruled …
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US regulator investigates Barclays over forex algorithms

New York's financial regulator is investigating whether Barclays and Deutsche Bank used computer algorithms to manipulate foreign exchange trades.
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It's about time to reverse. AUD/USD wave analysis

In our previous reviews, “Expecting the trend reversal. Wave analysis of AUD/USD for 03.12.2014”, we discussed a possible scenario how the price …
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Dec 122014
 
Bitcoin Can Now Be Traded for Xbox One Games

Those who use Bitcoin can visit the Microsoft Billing webpage and add the currency to their account, which can then be used across a range of …
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Top 10 Trends That Rocked the Trading Floor

Whether it was the threat of new regulations, rising commissions, the challenges of trading a once-shady digital currency or the changing role of …
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Dec 122014
 
Barclays is being investigated for automatic forex rigging

According to a nameless, in-the-know source for Reuters (for ease, we'll call them Morpheus), the DFS is probing the currency trading algorithms at …
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Yen May Rise Anew as Russian Trade Data Weighs on Risk Appetite

Currency markets were little-changed in overnight trade, with most of the majors mired in consolidation mode. The Yen narrowly underperformed as …
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Nomura hires Ed Mount and team from RBS

… former head of technology-based currency trading at The Royal Bank of Scotland (RBS), has joined Nomura as head of FX technology trading.
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Peru maintains rate, will still ease further if necessary

… said it was continuing to lower the requirement for domestic currency deposits by another 50 basis points to 9.50 percent to support credit growth.
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Dec 122014
 
Russia's Ruble Passes 58 to the US Dollar as Devaluation Accelerates

The ruble fell to 57.98 against the dollar and 72.13 against the euro in morning trading, according to data from the Moscow Exchange. The currency …
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Georgian Officials Warn Against Panic as Currency Slides

Such was the run on the lari that many currency exchange kiosks stopped selling American … “Other processes are mainly due to panic-trading.”.
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Rupee recovers to trade at 62.33 per dollar

At 2.15pm, the home currency was trading at 62.3337, up 0.02% from its previous close of 62.345. India's benchmark equity index, Sensex was trading …
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EUR/GBP Forecast December 12, 2014, Technical Analysis

Because of this, we are on the outside looking in, and quite frankly trying to find longer-term signals to trade this particular currency pair as we think it's …
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Dec 122014
 
US Dollar Technical Analysis: Three-Day Loss Streak Snapped

By Ilya Spivak, Currency Strategist. 12 December 2014 … Learn forex trading with a free practice account and trading charts from FXCM. 12 December …
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Trading Yen may require greater acumen in 2015 – DB

However, the medium to long term FX investments needs to consider … geopolitical risk) and a retreat in currency trading liquidity amid toughening …
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Trading Video: Equity Recovery Fails, Central Banks Shake Up FX Markets

Check out the DailyFX Trading Guides we have produced on a range of … Meanwhile, the monetary policy wars (few will admit to currency wars) …
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Chile maintains rate, monitoring inflation with “attention”

Like many other emerging markets, Chile's currency has come under … Today the peso was trading at 616.75 to the dollar, down almost 15 percent …
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Dec 122014
 
USD/JPY: Japanese Yen Trading Stronger This Morning

In the Asian session, at GMT0400, the pair is trading at 118.87, with the … The currency pair is showing convergence with its 20 Hr moving average …
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USD/CAD: Loonie Trading Lower In The Asian Session

In the Asian session, at GMT0400, the pair is trading at 1.1548, with the … The currency pair is trading above its 20 Hr and 50 Hr moving averages.
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