German DAX Trading Higher As Part Of A Higher Degree Impulse
October 5th, 2016
German DAX has been trading south for the last year or so but it might have been only a temporary decline if we consider that structure is pointing up because of overlapping decline from 12424 to 8690 low, ...
Dollar hovers near two-month high, euro extends bounce
October 5th, 2016
The dollar hovered near a two-month high against a basket of currencies on Wednesday, lifted by hawkish comments from a Federal Reserve official and higher U.S. Treasury yields. The euro also extended its bounce following a report of potential ...
Is Forex Trading Gambling? The Short Answer Is No
October 3rd, 2016
To the uninitiated, there appears to be little difference between forex trading and gambling. The same can be said of any form of financial trading. There are many layers to the question, is forex trading the same as ...
OSB Daily Technical Analysis
October 3rd, 2016
>>ATTENTION<< Since October 03, 2016 the OSB Daily Technical Analysis is provided only with Subscription. SUBSCRIBE today and get right in your email the Technical Analysis for: 8 Currency Pairs: AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/USD, USD/CAD, USD/CHF, USD/JPY 3 ...
Saxo Bank reports higher profits and client assets as diversification strategy yields results
September 30th, 2016
Saxo Bank Group (“The Group”) has reported a net profit of DKK 158 million for the first six months of 2016. During the same period, client collateral deposits continued to rise, increasing by DKK 6 billion, compared to H1 ...
IG Group agreed to purchase DailyFX from FXCM
September 30th, 2016
IG Group (“IG”), a global leader in online trading, today announces that it has agreed, subject to final approvals, to purchase DailyFX, a leading global news and research portal, and its associated assets, from FXCM Inc. for a total consideration of ...
FOREX-Yen, Swiss franc near 1-month high vs dollar as risk sentiment sours
September 30th, 2016
Yen on course to post 3 straight quarters of gains Swiss franc hits one-mth peak vs dollar, 6-week high on euro Concerns about Deutsche Bank sour risk sentiment Sterling in longest losing quarterly streak since 1984 The Japanese yen ...
Asia markets rally after oil prices surge on OPEC production cut deal
September 29th, 2016
The overnight rally in oil prices amid reports that oil producers finally agreed to cut production levels sent Asia markets higher on Thursday. Australia’s ASX 200 was up 1 percent in afternoon trade, with the energy sector rallying 6.54 percent, while ...
OPEC Agrees to First Oil Output Cut in Eight Years
September 29th, 2016
Oil club to cut output to as low as 32.5 million barrels a day Deal indicates Saudi Arabia and Iran resolved some differences OPEC agreed to the outline of a deal that will cut production for the first time ...
FXPRIMUS launches innovative new PAMM SERVICE
September 28th, 2016
FXPRIMUS has issued a press release to announce the launch of its new PAMM Service. Below is the announcement as it was published by FXPRIMUS: Further to an intensive research and development project arising from our clients’ requests for an ...
