Search Results for: Trading
USD Index Could Be in For A Reversal, While GBPUSD Can See More Weakness
June 8th, 2017
USD Index is up as EURUSD turned slightly lower, beneath 1.1200 but pair is already back up for 30pips. USD index is up from this morning, but still with three waves only from the low, so any significant ...
CySec has imposed fines in a collective sum of €405,000 on a number of directors and relevant persons of CommexFX
June 8th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued today a press release to inform about its decision to impose a series of financial penalties on a number of directors and relevant persons of CommexFX Ltd (www.commexfx.com). According the ...
CMC Markets released Final results for the year ended 31 March 2017; Reduction in profit before tax
June 8th, 2017
CMC Markets plc (“CMC”), a provider of online and mobile trading platform enabling clients to trade over 10,000 financial instruments, has issued today a press release to publish its final results for the year ended 31 March 2017. According ...
CBOE Holdings Announces Next Stages of Technology Integration Plan
June 8th, 2017
CBOE Holdings, Inc. (BATS: CBOE | NASDAQ: CBOE) announced that C2 Options Exchange (C2), one of the firm’s derivatives markets, is planned to migrate to Bats technology on May 14, 2018. ● C2 Planned to Migrate to Bats Technology ...
Oil rises off one-month lows struck after surprise stock build
June 8th, 2017
Oil rises off one-month lows struck after surprise stock build Crude futures edged up in early Asian trading on Thursday following heavy losses in the previous session after official data showed that U.S. inventories rose for the first time ...
The FMA warns: the number of dubious providers in the Austrian financial market remains high
June 7th, 2017
Austria’s independent, autonomous and integrated supervisory and resolution authority FMA informs in relation to Austrian financial market Investor Warnings issued. According the announcement: In 2016, the FMA initiated a total of 162 investigations in relation to the combatting of unauthorised ...
Projecting the Price of Bitcoin
June 7th, 2017
The wild card in cryptocurrencies is the role of Big Institutional Money. I’ve taken the liberty of preparing a projection of bitcoin’s price action going forward: You see the primary dynamic is continued skepticism from the mainstream, which owns ...
HSBC faces fresh legal battle over forex manipulation allegation
June 7th, 2017
HSBC is facing a fresh law suit over allegations of forex manipulation. The bank’s traders are being accused of manipulating the markets for their own profit more than a decade ago, according to the Financial Times. ECU Group, a ...
Oil prices dipped on Wednesday; What keeps prices under pressure
June 7th, 2017
Oil prices dipped on Wednesday, with Brent crude futures around $50 per barrel, as global fuel markets remained oversupplied, although rising tension in the Middle East and falling U.S. inventories lent some support. Brent crude futures LCOc1 were trading ...
Elliott Wave Analysis: AUDUSD and GBPUSD
June 6th, 2017
Elliott Wave Analysis: AUDUSD and GBPUSD AUDUSD Aussie is on the rise, now seen in wave five after recent triangle formation in wave four, so ideally pair is in final stages of current leg up from June 01. We ...
