Mar 182018
 
Sebi raises currency derivative trade limit to $100 mn

Capital markets regulator Sebi today raised the exposure limit under exchange-traded currency derivatives trading for residents and FPIs to USD 100 million across all currency pairs involving the Indian rupee. The move will help entities engaged in forex transactions to maintain their currency risks in a …
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Forex: J$128.44 to one US dollar

KINGSTON, Jamaica — The US dollar on Thursday, March 15, ended trading at J$128.44 down by 23 cents according to the Bank of Jamaica's daily foreign exchange trading summary. Meanwhile, the Canadian dollar ended trading at J$98.82 up from J$98.30 while the British pound sterling ended …
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Dollar leads the way ahead of European trading

EUR/USD is currently trading under 1.2200 again, and has broken below the lows the February lows; but not all hope is lost yet for bulls as the upward trendline stretching all the way back to April is still in tact. But be warned, there are political risks over the weekend for the euro. Italian elections and …
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GBP/JPY Broke Big Support with Conviction

… a new or experienced trader, we have several resources available to help you; indicator for tracking trader sentiment, quarterly trading forecasts, analytical and educational webinars held daily, trading guides to help you improve trading performance, and one specifically for those who are new to forex.
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Mar 162018
 
US AM Digest: US Dollar (DXY Index) Trades within Tuesday's High-Low Range

The US Dollar is trading slightly higher at the start of the US cash equity open on Thursday, although price movement has been fairly limited. Indeed, the ranges carved out by the DXY Index on Wednesday and thus far today have not yet exceeded the high or low established on Tuesday, with traders …
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WEEKAHEAD-AFRICA-FX-Ghana's cedi seen firm, most currencies on back foot

Ghana's cedi is expected to remain firm against the dollar on increasing forex inflows underpinned by growing investor interest in the West African economy, an analyst said. The local currency, which has strengthened 1.9 percent since January, was trading at 4.4155 to the greenback by mid-morning on …
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How Tokenised Fiat Currency Could Change Trading

There are several potential obstacles that could prevent cryptocurrencies replacing fiat currencies in the long-term. However, things are developing quickly in the crypto world, with governments increasingly embracing the use of blockchain-based technologies to facilitate various transactions. The age of …
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Learn How To Navigate The Foreign Exchange Market With This Course

The stock market used to be the go-to place for investing. But now investors increasingly trade in a new, more lucrative market—specifically, the foreign exchange market, also known as forex or FX. Savvy traders in this fast-moving branch can profit hugely off of wise investments. Not just anyone can …
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Mar 152018
 
GBP/USD Price Plummets into Critical Support Zone

… for the pound with such a scenario targeting subsequent daily support objectives at the Brexit gap at 1.3675 , the 2017 high-close at 1.3589 and critical support at 1.3 500/4 0 (broader bullish invalidation for the primary uptrend & an area of interest for long-entries IF reached). New to Forex Trading ?
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EquiTrader Reaches 1-Day Volume of $1628.00 (EQT)

EquiTrader logo EquiTrader (CURRENCY:EQT) traded 10.9% lower against the US dollar during the 1 day period ending at 11:00 AM ET on February 25th. EquiTrader has a total market capitalization of $2.92 million and $1,628.00 worth of EquiTrader was traded on exchanges in the last day.
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Mvise: Bullish 2020 Guidance After Strong 2017

The board expects strong incentives for German firms to invest in digital transformation to continue to sustain market growth. New 2020 revenue and EBIT margin targets of €35m and 15%, respectively, imply an organic revenue CAGR of 32% and a 15-20x increase in EBIT, based on 2017 consensus.
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GBP/USD Forex Signal

This pair looks likely to fall further today and is currently at the heart of the Forex market. Concerning the GBP, there will be a release of Manufacturing PMI data at 9:30am London time. Regarding the USD, there will be a release of ISM Manufacturing PMI data at 3pm, as well as testimony from the Chair …
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Mar 132018
 
Inflation in focus again after weak wage growth calms markets

More than a month earlier, in the beginning of February, January wage growth data came out higher-than-expected, sparking a wave of concern about inflation and interest rates, and leading to sharply elevated market volatility as stock prices briefly entered into correction territory. Friday's weak hourly …
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FX levels to watch – EUR/USD, GBP/USD and USD/JPY

This information has been prepared by IG, a trading name of IG Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may …
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Global Brokerage, Drew Niv and 16 other ex-FXCM Inc top officers gear up for “mega lawsuit …

The “mega lawsuit” is brought on behalf of a putative class consisting of all persons and entities who purchased or otherwise acquired publicly traded FXCM securities from March 15, 2012 to February 6, 2017. The complaint alleges that FXCM misled its clients, investors and the regulators by claiming …
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MOPH Announces Annual Service Officer Training and Recertification Symposium

The Military Order of the Purple Heart (MOPH) is pleased to announce that the Annual Training and Recertification Symposium will take place during the period 4-8 March 2018 at the Florida Hotel, Orland, FL. This annual meeting brings together the MOPH National Service Officers (NSO's) from across …
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Mar 122018
 
Forex improves, NRZ is on track

The forex market clearing price, balancing the demand for and supply of the greenback is not a forward price. It is interesting that last week Mnangagwa, in an interview with a foreign paper, revealed that of the US$3 billion that was externalised mostly by companies between 2015 and 2017, US$815 …
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Potential Ending diagonal on DAX Suggests More Weakness

German Dax can be trading in a three-wave reversal from the lows, which can see limited upside near the 12407/12480 region. Also, we see the current rally from 11966 level quite overlapping, which gives us thinking that maybe an EW ending diagonal is in progress within wave C), which could …
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A Rally on S&P 500's 9th Anniversary of Bull Trend, Stubborn Dollar Range

The volleys in a global trade war will inevitably impact the most heavily used currency in the world – especially when it is as the center of its unfolding – but like risk assets, there is reason to await clarity on how the engagement will shape up. In the meantime, there are other themes that could readily jostle …
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Venezuelan government is providing a free cryptocurrency training course for citizens

The Venezuelan government is now offering a course to teach citizens how to buy, sell and mine cryptocurrencies, the course will also cover all to know about the nation's new oil-back currency, Petro. The training centre is based in its capital city, Caracas, according to local television, Telesur TV.
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Mar 092018
 
Uber shakes up loan market

Looking to raise $1.25B in the leveraged loan market, Uber is eschewing banking advisors, and instead making direct approaches to investors. Industry vets can't remember the last time an issuer sought to raise that large of an amount on its own. Uber last went to the leveraged loan market in 2016, …
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High-flyer goes to ground after alleged fraud charges

He started making excuses about returning the R30000 she had invested in his forex trading venture. He is alleged to have also failed to return R2500 that Jacobs had given to him to buy sandals for a shoe business she had started in her hometown. The Star has seen a Whats- App exchange in which …
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FxPro Forex Analysis: EURUSD and GER 30 Analysis – February 26, 2018

… steep angle suggests it may be broken sooner rather than later. It is currently located at 12375.0. A break of this line would target 12212.4 and 12096.5. The 12000.0 presents a level of support quite a distance from the current price level and a retracement to this area would worry many bullish traders.
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USD/JPY the prime mover so far in trading today

USD/JPY the prime mover so far in trading today. Mon 26 Feb … The yen is once again the focus of trading in Asia, with an early tumble transforming into a decent rally ahead of the European session later. … The greenback is the weakest performing major currency on the day at the moment. All eyes will …
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Mar 072018
 
Weekly Forex Trade Setups Ideas by Nial Fuller – February 19th to 23rd, 2018

Last week, the EURUSD moved higher as price rebounded following a decline to 1.2200 area the previous week. Notice the false break of key resistance (failed breakout) up near 1.2520 that occurred last Friday, this could lead to a pullback this week as this is a formidable resistance level having given …
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Boeing Continues To Fly Higher Despite Bumpy Conditions

And as we can see from the weekly chart the major correction in the primary indices has had a relatively 'muted' impact on the longer term bullish trend, and whilst the stock price did indeed spike lower, the price was relatively contained as BA traded in a range of $30 before closing as a doji candle.
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US Dollar Prints Bull Pennant Ahead of Powell, US Data

… – The US Dollar is nearing the end of what's been a really strong week, coming on the heels of last week's sell-off that produced a fresh three-year low on Thursday night. But after that low, a bullish engulfing candlestick showed-up on Friday's price action, and that strength has continued throughout …
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UK's Investment Association Demands Transparency on 'Last Look' FX Trades

The British Investment Association is calling on banks and brokers to provide greater transparency when they give reasons for pulling out of an FX trade at the last moment. As it currently stands, fund … The FX trading market in London averages a daily turnover of over $2 trillion. The sheer size of the …
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Mar 062018
 
US Markit Feb services PMI 55.9 vs 55.9 exp

Move along folks. Nothing to see here. Slight down in final composite but PMIs don't have the same clout these days even when well wide of the mark. Any reaction to the decent numbers will have been made on the flash readings anyhow. Every dog has its day eh? USDJPYposting 105.80 as the option …
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If You Are Planning On Trading Bitcoin in 2018, Read This First

Before you go and spend your hard earned money on those digital coins, you need to know one thing: cryptocurrency investing is not at all like stock trading. The differences between these two assets, when not known, could break an investor and make them lose faith in digital currencies altogether.
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AUD/USD Forecast Feb. 19-23 2018 – Rises may be limited

The Australian dollar initially lost ground but recovered quite quickly. Can it regain the 0.80 level? A lot depends on the central bank, with its meeting minutes. China remains on holiday and this may impact trading volumes. Here are the highlights of the week and an updated technical analysis for …
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Weekly Market Brief (Forex and Commodities)

Should this occur we will look for this market to test 0.7988. A strong break and close above 0.7988 could see this market post further gains into 0.8034. If we cannot hold above 0.7903, we could see the AUD retest 0.7833. Should we break lower however, we will look for a move back into 0.7779 and if …
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Mar 052018
 
Euro, Cable and Aussie – The Reward for Patience

Such price action in combination with the sell signals generated by the indicators confirms that they didn't say the last word and lower values of currencies against the U.S. dollar are still ahead of us (even if we see short-lived rebounds first). Finishing today's Forex Trading Alert,we would like to add …
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USD/JPY: bounce little relevant in the middle of a bearish trend

The USD/JPY pair trades mute around 106.40, modestly higher daily basis, as the greenback holds the ground gained last Friday. Japan opened the macroeconomic week by releasing its January Trade Balance, which posted a deficit of Â¥943.4B, better than the Â¥-1,002.0B expected, although worse …
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EquiTrader Market Cap Reaches $3.40 Million (CRYPTO:EQT)

EquiTrader logo EquiTrader (CURRENCY:EQT) traded down 1.1% against the dollar during the one day period ending at 12:00 PM Eastern on February 3rd. One EquiTrader coin can now be purchased for $0.33 or 0.00003114 BTC on popular cryptocurrency exchanges including CryptoBridge, …
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EquiTrader Tops 24 Hour Volume of $10692.00 (EQT)

EquiTrader logo EquiTrader (CURRENCY:EQT) traded up 23% against the U.S. dollar during the 1-day period ending at 23:00 PM Eastern on February 10th. In the last week, EquiTrader has traded 51% higher against the U.S. dollar. EquiTrader has a market capitalization of $4.10 million and …
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Mar 022018
 
Barclays Currency Trader Cries Foul on Indictment Tactic

At least eight traders have been charged over behavior uncovered in the scandal, including three from JPMorgan Chase & Co., Barclays and Citigroup Inc. They're known as the “Cartel,” and are scheduled to go on trial in New York in June. In October, former HSBC Holdings Plc currency trader Mark …
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FTSE and pound in for busy week amid UK earnings, data

The FX, equity and commodity markets have started the new week fairly quietly. In fact, this week looks set to be a quieter one for global macroeconomic data releases and other fundamental events. The Presidents' Day in the US means Wall Street will be shut for trading today while Chinese investors …
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Explosive Videographers Sought To Film Public Safety Bomb Squad Training

A branch of ATF, The National Center for Explosives Training and Research, is tasked with facilitating realistic explosive disposal and public safety at an event called Raven's Challenge. The videographer would be documenting how these elements come together through an exchange of tools, …
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Elliott Wave Webinar: The Dip in EUR/USD Narrows Pattern Options

The Elliott Wave analysis for EUR/USD has simplified and it is possible a medium term top has formed. The other pattern we are considering is an Elliott Wave ending diagonal underway. The video above is a recording of a US Opening Bell webinar from February 19, 2018 (even though US equity …
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