Search Results for: Trading
Technical Analysis AUD/USD – Steadies Below Key 0.93 Level
August 12th, 2014
Technical Analysis AUD/USD for Tuesday, August 12, 2014 The Australian dollar is trading in a very small trading range right on top of the support level at 0.9260 after dropping so sharply in to finish out last week from ...
Gold – Looking Back Down at the Key $1290 Level
August 11th, 2014
Gold for Monday, August 11, 2014 To finish out last week Gold exhibited signs of a rejection pattern with its last red candlestick showing a probability to head back down again. In the middle of last week it moved ...
The Tricks of China’s Trade
August 11th, 2014
Last year, China ostensibly reached another milestone in its meteoric rise, surpassing the United States to become the world’s largest trading country, with its total trade turnover valued at CN¥25.83 trillion ($4.16 trillion). But this achievement is largely illusory ...
HKEx-Shanghai Stock Sale Curb Shows China’s Rules Apply
August 11th, 2014
Investors using the Hong Kong-Shanghai exchange link to access China’s $3.6 trillion stock market will have to play by mainland rules. Traders who want to sell Shanghai-listed shares must transfer the securities to a broker before 7:30 a.m. to ...
Yen Falls as Russia Eases Ukraine Tension
August 11th, 2014
The yen fell versus 14 of its 16 major peers as concern eased about tensions in Ukraine after reports last week that Russia’s warplanes ended drills and the nation is seeking to mediate between Kiev and rebel forces. The ...
West TX Oil reports Below $98 following Iraq Air Strikes
August 11th, 2014
Brent crude oil fell below $105 a barrel in whipsaw trading on Friday, following U.S. air strikes in Iraq that analysts said might lower the risk of oil supply disruptions from OPEC’s second-largest producer. Oil prices rose on reports ...
Australia 200 – Receives Solid Support from 5400 Level
August 11th, 2014
Australia 200 for Monday, August 11, 2014 After being on quite a roll for several weeks throughout July, the Australian 200 Index has fallen sharply over the last couple of weeks returning back to more familiar territory between the ...
Technical Analysis AUD/USD – Trying to Recover Back Above Key 0.93 Level
August 11th, 2014
Technical Analysis AUD/USD for Monday, August 11, 2014 The Australian dollar is trading in a very small trading range between 0.9270 and 0.9280 after dropping so sharply in to finish out last week from above 0.9350 down to a ...
USD/CAD – Loonie Weakens on Weak Canadian Employment Data
August 8th, 2014
The Canadian dollar has posted slight losses on Friday, as USD/CAD trades in the mid-1.09 range late in the session. In economic news, Canadian Employment Change posted a gain of just 0.2 thousand, well short of expectations. The unemployment ...
Former CEO of ConvergEx Subsidiary faces SEC’s charges
August 8th, 2014
The Securities and Exchange Commission (SEC) has appointed charges to the former chief executive officer of a broker-dealer subsidiary of ConvergEx Group LLC for deceiving brokerage customers with hidden fees to buy and sell securities. SEC claims that the ...
