Search Results for: Trading
Elliott Wave Analysis: GBPUSD and USDCAD Look
November 1st, 2017
Elliott Wave Analysis: GBPUSD and USDCAD Look After some weakness down to 1.3070 on cable last week we also saw a nice bounce recently back above 1.3200, which leaves only a three wave drop behind, down from 1.3334, ...
Bitcoin turns 9 and has evolved into a global currency already
November 1st, 2017
Satoshi Nakamoto, the anonymous creator of bitcoin, released the bitcoin whitepaper 9 years ago, on October 31. Since then, based on every indicator imaginable, bitcoin has evolved into a major global currency, store of value, and safe haven asset. ...
CFTC grants amended order to Chicago Mercantile Exchange
November 1st, 2017
CFTC Grants Amended Order to Chicago Mercantile Exchange, Inc. Permitting Commingling of Funds in Connection with Futures and Foreign Futures Contracts Listed on the Dubai Mercantile Exchange Limited. The Commodity Futures Trading Commission (CFTC) issued an amended order to ...
There are now more than 120 hedge funds focused solely on bitcoin, digital currencies
October 31st, 2017
Data shared exclusively with CNBC from financial research firm Autonomous Next shows the number of funds investing in digital assets like bitcoin has grown rapidly to 124. Autonomous Next also estimates that the “crypto-funds” have about $2.3 billion in ...
Day Trader Charged in Brokerage Account Takeover Scheme
October 31st, 2017
The Securities and Exchange Commission charged a day trader based in the Philadelphia area with participating in a scheme to access the brokerage accounts of more than 100 unwitting victims and make unauthorized trades to artificially affect the stock ...
$6,300: Bitcoin Price Hits Record High
October 30th, 2017
The bitcoin price has set a new all-time high. Just over a week after pushing past the $6,000-mark for the first time, the world’s first cryptocurrency rose to a high of $6,306.58 on the CoinDesk Bitcoin Price Index at ...
Oil markets stable on expected extension of output cuts
October 30th, 2017
Oil markets were stable on Monday, with Brent remaining above $60 per barrel supported by expectations that an OPEC-led production cut due to expire next March would be extended. Brent crude oil futures, the international benchmark for oil prices, ...
Early investors review and key events coming this week
October 30th, 2017
Asian stocks were mixed as investors continued to digest earnings, while bond and currency markets awaited an announcement on who will helm the Federal Reserve. Equity benchmarks fluctuated in Japan, while Chinese shares fell, with the Shanghai Composite Index ...
Oil for gold – the real story
October 27th, 2017
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing ...
FCA urges public to report and speak out against fraudulent investment schemes
October 27th, 2017
The Financial Conduct Authority (FCA), the conduct and prudential regulator for financial services firms and financial markets in the UK, urges the public to get in touch if they have been contacted by a company offering what they think ...
