Search Results for: Trading
China is starting to roll back measures meant to prop up its currency
September 11th, 2017
China is starting to roll back measures meant to prop up its currency after a recent surge in the yuan erased all of last year’s losses. Starting today, the central bank has scrapped a reserve requirement rule on trades ...
CySec announced a new firm received the Cyprus Investment Firm license
September 8th, 2017
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that a new firm has been approved by the Commission as a Cyprus Investment Firm. According the announcement the firm Wonderinterest ...
Dollar Tumbled as Yen, Euro Rally on Irma, ECB
September 8th, 2017
The dollar tumbled to its weakest level since the start of 2015 as fading expectations of U.S. interest-rate increases, North Korea tensions and a historically powerful hurricane unsettled investors. The euro was near the highest since January 2015 after ...
Elliott Wave Analysis: USDCHF and EURCHF
September 7th, 2017
Elliott Wave Analysis: USDCHF and EURCHF Despite sharp leg up on EURUSD, USDCHF is sitting at 61.8% Fib. support level so there is a chance for a bounce, but would need 0.9593 broken to confirm a new leg ...
Euro strength makes Europe a buying opportunity for investors, Barclays says
September 7th, 2017
A recent correction in European stocks due to the strength of the euro is a buying opportunity for investors, according to a new report from Barclays. Five percent decline in European stocks driven by the 10 percent appreciation in ...
Cryptocurrency Transactions Could Surpass $1 Trillion This Year
September 6th, 2017
The value of cryptocurrency transactions is forecast to surpass $1 trillion this year, which is 15 times the level reached in 2016. That’s according to a new study from Juniper Research called The Future of Blockchain: Key Vertical Opportunities ...
Elliott Wave Analysis: German DAX and Crude Oil
September 6th, 2017
Elliott Wave Analysis: German DAX and Crude Oil German dax looks to be trading in a temporary correction. We see a three-wave pullback in motion, with prices trading in final leg C. Current correction resembles a flat pattern ...
Moscow Exchange launches FX fixing instruments
September 6th, 2017
From 4 September 2017, Moscow Exchange has offered instruments to trade at the MOEX FX USD/RUB and EUR/RUB fixing prices with clearing and settlement via its clearinghouse, NCC Clearing Bank. Russian banks including subsidiaries of large global financial groups ...
Elliott Wave Analysis: EURUSD and USDCHF
September 5th, 2017
Elliott Wave Analysis: EURUSD and USDCHF Markets did not move much since yesterday because of holiday in US, but we expect volatility to come back soon. Technically, market did not change; we still see room for more USD ...
Comparing Forex Brokers in 2017: Not As Easy As Before
September 4th, 2017
There’s an abundance of newcomer forex broker coming into the market with each passing year. 2017 is proving itself especially difficult to compare forex brokers in. Not only there are a lot more fx brokers than in previous years, ...
