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EURUSD Still Looking Lower, Towards 1.1450/1.1500 Region

November 13th, 2017 (0)
EURUSD has turned lower in the last few weeks and it appears that there is more weakness ahead within wave 3)/C), towards 1.1450/1.1500 region. Reason for more downside is a five wave structure that should unfold from 1.1877 swing ...

The Cryptocurrency Market Experienced A Complex Shakeup The Weekend

November 13th, 2017 (0)
The cryptocurrency market is experiencing a complex shakeup this weekend, with a recently created digital token called Bitcoin Cash (BCH) up nearly 130% in two days, even after retreating substantially from an even bigger spike. Meanwhile, the original Bitcoin ...

CySEC informs that a Cyprus Investment Firm renounced its authorisation

November 13th, 2017 (0)
The Cyprus Securities and Exchange Commission (‘CySEC’) announces that, on 6th November 2017, the CIF Dragon Options Ltd (‘the Company’), which provided investment services via the domains www.taotrade.com, and www.dragonoptions.com renounced its authorisation, pursuant to section 24(1)(b) of the ...

Capita Financial Managers to pay up to £66 million to those investors who suffered loss of an investment

November 13th, 2017 (0)
The Financial Conduct Authority has today announced that Capita Financial Managers Limited (CFM) has been publicly censured and will pay up to £66 million to those investors who suffered loss as a result of investing in the Guaranteed Low ...

ESMA Released An Update Of Its Q&As On MiFIDII/MiFIR Investor Protection Topics

November 13th, 2017 (0)
The European Securities and Markets Authority (ESMA) has added 4 new Q&As to its Questions and Answers (Q&A) document on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). The ...

A review of the main moves in Stocks, Currencies, Bonds and Commodities

November 13th, 2017 (0)
Equities in Asia put in a mixed start to the week as investors sought fresh catalysts after last week’s run to record highs. The British pound took a hit as pressure mounts on U.K. Prime Minister Theresa May after ...

IS USD Index Going Up or Down?

November 10th, 2017 (0)
On the daily chart of USD Index we see price looking bearish. We can see that price since January 2017 unfolded and completed three bearish waves. Well we know that an impulse must contain five-wave for a completed pattern, ...

‘$300m in cryptocurrency’ accidentally lost forever due to bug

November 10th, 2017 (0)
More than $300m of cryptocurrency has been lost after a series of bugs in a popular digital wallet service led one curious developer to accidentally take control of and then lock up the funds, according to reports. Unlike most ...

BNP Paribas Launches WeChat Pay In Europe

November 10th, 2017 (0)
BNP Paribas, Europe’s leading bank for Cash Management, is introducing WeChat Pay a popular mobile payment solution in China, to retailers in France and subsequently across Europe, thus underlining its determination to support retail sector clients wishing to attract ...

MiFID II: ESMA Consults On Systematic Internalisers’ Quote Rules

November 10th, 2017 (0)
The European Securities and Markets Authority (ESMA) has opened a public consultation on a proposed amendment to the Regulatory Technical Standard (RTS 1) which details the implementation of the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). ...
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