Search Results for: traders
U.S. Dollar Falls after Lack of Fed Guidance
July 10th, 2014
The dollar fell the most in more than a week as minutes from the Federal Reserve’s last meeting failed to provide additional insight on the pace of interest-rate increases next year. The euro gained for a third day versus ...
U.S. Oil Near $102 as Weak Gas Demand Stokes Fears
July 10th, 2014
U.S. crude shed more than $1 and Brent fell on Wednesday, as a rise in U.S. gasoline inventories signaled weak demand, and a restart of a Libyan oilfield helped ease supply worries. Gasoline stockpiles rose 579,000 barrels, data from ...
GBX Technologies includes TOPFX as Liquidity provider
July 9th, 2014
GBX Technologies Ltd, the Hong Kong-based developer of bespoke foreign exchange technology solutions, is pleased to announce the expansion of its liquidity providers to include TopFx, the global Prime Broker. Authorised and regulated by the Cyprus Securities and Exchange ...
Stagflation for HSBC Means Russian Ruble Seen Weakening
July 9th, 2014
The weakest pace of economic growth in five years combined with the fastest inflation (RUCPIYOY) in three are prompting the most-accurate ruble forecaster to predict steeper declines for the currency. The ruble will fall 9.2 percent to 37.50 by ...
U.S. Treasury Prices Rally on Weak Equities
July 9th, 2014
U.S. Treasury yields fell on Tuesday after the U.S. government’s auction of 3-year Treasury notes, the first of three debt auctions this week. The Treasury Department auctioned $27 billion in three-year notes at a high yield of 0.992 percent, ...
Technical Analysis USD/CHF returns to 200-day SMA
July 9th, 2014
Technical Analysis USD/CHF for July 9, 2014 Pair’s Outlook Although there still seems to be a chance of the 200-day SMA acting as the support, the daily indicators suddenly turned heavily bearish. If this is true and the price ...
Technical Analysis GBP/USD trades sideways
July 9th, 2014
Technical Analysis GBP/USD for July 9, 2014 Pair’s Outlook Regardless of the bullish outlook implied by the technical studies, the Cable remains flat, trading some 100 pips north from 2009 high. Nevertheless, the risks are heavily skewed to the ...
Technical Analysis USD/JPY plunges from 102.11
July 9th, 2014
Technical Analysis USD/JPY for July 9, 2014 Pair’s Outlook In order to reinstate itself as a bullish pair USD/JPY had to close above the up-trend and 100-day SMA. Since this was not the case and 102.11 was confirmed as ...
Technical Analysis EUR/USD recovers
July 9th, 2014
Technical Analysis EUR/USD for July 9, 2014 Pair’s Outlook The Euro is currently undergoing a correction after a July decline. This rally should be stopped at 1.3641/16, where the monthly pivot point merges with the 55-day SMA. Additional resistances ...
Canada-Dollar Bears Turn Bullish First Time in 16 Months
July 8th, 2014
Speculators have reversed bets that helped make the Canadian dollar the worst performer in the developed world, with sentiment swinging in the currency’s favor for the first time in 16 months as inflation quickens. Futures wagers by hedge funds ...
