Dec 122017
 
FOREX-Dollar holds breath before Fed meeting; sterling, krone rise

Investors will be watching for the Fed's assessment of the health of the economy as that might change the market's views on the future path of borrowing costs. Bond markets anticipate two further rate hikes next year but Fed forecasters expect three. “Although we do not expect (Fed chair) Janet Yellen to …
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Gold worries about getting replaced by Bitcoin

The market wasn't all that fixated on Tuesday's run of economic data, with currencies confined to tight ranges and US equities contemplating the latest pullback off record highs. This put the spotlight on the price of gold, with the yellow metal coming under intense pressure on worry over getting replaced …
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Video: Couple puts life savings into mining Bitcoin

I was on CBC's national news broadcast yesterday talking about Bitcoin. We spoke for 30 minutes about all the ins-and-outs of Bitcoin and crypto and naturally it gets trimmed down to a 15-second clip, but that's the nature of TV news.
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FOREX-Dollar firms after US jobs data, but off highs due to wages

The euro reduced losses versus the dollar, but still traded weaker at $1.1757, down just 0.1 percent. ======================================================== Currency bid prices at 9:12AM (1412 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous …
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Dec 112017
 
Malaysia's former PM Mahathir, Anwar investigated for criminal breach of trust

The RCI was formed to determine the truth behind BNM's losses, totalling RM31.5 billion (S$10.38 billion), due to forex trading between 1992 and 1994. The commission's report pinned the blame for the losses on former BNM adviser Nor Mohamed Yakcop, and also implicated then Prime Minister …
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FOREX-Dollar hits 3-week high vs yen on US tax bill prospects

Sterling, meanwhile, was the only major currency that gained against the dollar. It traded 0.3 percent higher at $1.3521 after a member of the …
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Make or break for pound today

The British pound is pushing higher today as the market awaits the outcome of British Prime Minister Theresa Mays visit to Brussels to broker a deal on … continue on its recent rally or come crashing down to earth as Brexit negotiations stall according to currency economist Lee Hardman from MUGF.
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Metatrader Oscillator Launched for Simplified Forex Trading

Los Angeles, CA — 12/05/2017 — Chinedu Onuoha has finally released the long expected high probability forex trading indicator known as smooth oscillator. The smooth oscillator is an indicator that specializes in hidden divergence forex trading. It is an established fact that hidden divergence is one of …
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Dec 102017
 
European stock up across the board

In the forex market, the USD is the strongest currency now. It took over from the GBP from the start of the US session. The failure to come to an agreement on the Brexit negotiations has taken the GBP off higher levels. The CHF remains the strongest currency. The USDCHF is trading at the highest level of …
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Shifting fundamental landscape and excessive positioning make JPY a potential out-performer in …

However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk …
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Sex assault allegations place NS university's party culture under spotlight

“But the fact that people are reporting these incidents is indicative that these education programs are working.” Sirois rejected the notion that St. F.X. has an out-of-control party culture. “It's a really social atmosphere. We definitely have fun but we work hard,” she said. “Most first-years live in residence and …
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Forex technical analysis: USDJPY falls below swing level/floor

US stocks are starting to give up gains. The Dow which treated as high as 24534 is now down at 24369, up 140 points. The Nasdaq composite index is now down 40 points or -0.59% and looking to test the lows at 6798 (currently trading at 6807). The S&P index is up 5.5 points at 2647. It is just off the …
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Dec 092017
 
Fed's Kaplan: Sees job market increasingly overheated in the months ahead

Fed's Kaplan: Sees job market increasingly overheated in the months ahead … Founded in 2008, ForexLive.com is the premier forex trading news site …
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What's coming up in New York trading

It's a busy week but it will be a slower start with a light economic calendar ahead. The focus stays on the pound early on with the BOE's Haldane speaking in Birmingham on the central bank's communication and education strategy at 1430 GMT. At 1500 GMT (10 am ET), the October US new home sales …
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OANDA launches new education portal

The new program has been developed to guide visitors through their trading journey, and can be found at https://www.oanda.com/forex-trading/learn/. OANDA's education portal features an improved user interface to help those who are new to trading or would like to learn the basics with explanations on …
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Trading Idea: Spirit Airlines Inc

The Trade in SAVE is considered to be live above 38.48 which is not only the high of last Friday but a significant resistance level going back on the daily chart if you look left. The suggested stop for this idea will be 35.40. The suggested upside target is 48.00. So roughly we are risking 3 dollars to make …
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Dec 082017
 
Forex technical analysis: GBPUSD is higher but remains in a range…

Forex technical analysis: GBPUSD is higher but remains in a range. … It keeps the pair within the confines of the 7-week trading range. The price … Now, with the price trading up and down over the last 7 weeks and within the range, the bias can do another “switcheroo” without much work. It starts by …
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USD/CAD – Canadian Dollar Steady, Wholesale Sales Ahead

The Canadian dollar has edged lower in the Monday session. Currently, USD/CAD is trading at 1.2788, up 0.15% on the day. On the release front, the sole indicator is US CB Leading Index, with an estimate of 0.6%. On Tuesday, Canada releases Wholesale Sales and the US publishes Existing Home …
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Two St. FX players arrested, charged with sexual assaults

The two defensive backs have both been dropped from the roster on the St. F.X. website, however their player profile pages remain up. Williams … Blackburn's team collects forensic evidence from victims of sexual assault in the Antigonish area and does public education on sexual violence. Through that …
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Forex Market Review (European Session) – Dollar broadly weaker; sterling rises despite Brexit …

With US new home sales being the day's major release during today's session, upcoming developments, such as US tax reform deliberations and Brexit negotiations, were in forex market participants' minds during today's European session. Meanwhile, the yen was advancing on some softness in Asian …
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Dec 072017
 
Online forex: ARA's trading technique

I have read a lot of books on the Internet on forex trading and also about great traders, what they do and how each adopt a working strategy.
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Euro pauses as global policymakers take spotlight

It has declined more than 3.5 percent since and was trading a shade … lows even as FX options market data showed positions were evenly balanced.
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Forex Trade Ideas & Analysis by Nial Fuller – November 14th to 17th, 2017

The EURUSD remains in a downtrend on the daily chart time frame, so we are looking to trade short as we mentioned last week. Price retrace higher …
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AUDUSD orders 14 Nov – Dip demand preventing further falls for the moment

Looks soft still but expect more range trading to prevail. … Founded in 2008, ForexLive.com is the premier forex trading news site offering interesting …
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Dec 062017
 
Futile to charge anyone now over forex losses, says lawyer

PETALING JAYA: A lawyer said any investigation and prosecution of those implicated by the Royal Commission of Inquiry (RCI) into forex trading losses suffered by Bank Negara will be a futile exercise. S N Nair said the fiasco happened more than 25 years ago and key witnesses would not be around …
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EUR/USD – Euro Inches Lower, German and Eurozone GDP Reports Next

Currently, EUR/USD is trading at 1.1648, down 0.19% on the day. … Kenny began his career in forex at Bendix Foreign Exchange in Toronto, where …
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Beeks seeks trading places on AIM to accelerate growth

He said as a leading technology provider in automated trading in forex and futures, Beeks was operating in a growing niche market. “By accessing our …
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Stocks in Europe end the day with losses

IN the forex market in the NY morning, the USD has gotten stronger erasing losses versus the JPY and CHF and advancing against the CAD, AUD and …
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Dec 052017
 
Tickmill Adds Vietnamese Language to Site, Shoring Up Local Market Presence

The website upgrade coincides with Tickmill's expansion into the country, helping better cater to a growing domestic trading base. … The foreign exchange (FX) and contracts-for-difference (CFDs) services provider has also added the Thai and Korean language to its website earlier this year, helping …
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Newly single Jonny Mitchell "splurges on £15m Love Island" after cheating allegations

Since leaving Love Island Jonny has set up Forex trading, also known as foreign exchange, which is trading on a an over-the-counter market where all …
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Pound holds up despite no deal

The British pound is under further pressure today after yesterday's disastrous outcome on talks between the UK and the EU on conditions for the former to leave the European Union. At 1.04pm (GMT) the British currency was trading at $1.3416 after trading as high as $13538 in yesterday's trading …
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Technical Analysis – GBPJPY surges out of range; bullish bias above 152

This suggests GBPJPY may consolidate in the near term or even see a pullback. To the downside, strong support is now being provided at 157. If it fails to hold, then prices would fall back into the medium-term range. As long as GBPJPY can sustain trading above 157 then the consolidative phase has …
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Dec 022017
 
FX Trading Volumes Retreat at Thomson Reuters in October 2017

Thomson Reuters (NYSE:TRI) has reported its FX trading volumes for the month ending October 2017, which saw its comprehensive FX volumes …
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Live FX Market Analysis – 13 November 2017 (Video)

In this week's FX webinar, Senior Market Analyst previews what should be a more exciting week in financial markets than the one just gone. The main …
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Another earnings bonanza after the close

Tesla is the Amazon of the auto market. The valuation is certainly not on the earnings but the technology and potential future earnings as a result of …
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Start-up rolls out digital currency for global forex market

Start-up rolls out digital currency for global forex market A fintech start-up has launched a beta of a digital currency that will be used for global foreign …
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Dec 012017
 
Rupee hits new 2-mth high of 64.41, up 9 paise

Mumbai, Nov 28 (PTI) The rupee gained further ground against the US currency and finished at a new two-month high of 64.41, appreciating by 9 paise … Expectations of robust capital inflows against the backdrop of Moody's recent sovereign rating upgrade for India largely kept forex market sentiment …
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US Oct advance goods trade balance USD -68.3 bln vs -64.9bln exp

US Oct advance goods trade balance USD -68.3 bln vs -64.9bln exp … Founded in 2008, ForexLive.com is the premier forex trading news site offering …
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FOREX-Euro hits six-week high on growth outlook optimism

“Without the ECB's recent commitment to maintain QE (quantitative easing) purchases until the end of September of next year, the euro would likely be trading at even stronger levels at the current juncture,” said MUFG currency analyst Lee Hardman, in London. “While there is still a risk that ongoing …
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Forex Market Review (Asian Session) – US dollar cautious ahead of Fed, FBI probe into Russian …

Foreign exchange markets and specifically the US dollar were cautious to break fresh ground during Tuesday's Asian trading as a combination of …
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