Search Results for: traders
FCA warning for clone company
March 26th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that Traders Trust Capital Markets Ltd (www.fxttcm.co.uk , www.fxttcm.co.uk/En/) is a clone firm and thus, is not permitted to provide financial services or ...
EUR/USD fails at 1.3845/31
March 26th, 2014
Pair’s Outlook Although the support near 1.38 did in fact prevent further depreciation of the Euro last week, for now the currency still remains unable to restore an upward momentum. At the moment it is struggling to breach a ...
GBP/USD climbs back above 1.65
March 26th, 2014
Pair’s Outlook Despite a recent dip beneath the 2011 highs and 100-day SMA, GBP/USD managed to recover in a short period of time and it is already testing the weekly PP at 1.6538. If the tendency to pare the ...
USD/JPY stays directionless
March 26th, 2014
Pair’s Outlook Regardless of constant attempts to break the 20 and 55-day SMAs, the resistance stands its ground and does not let the currency pair to rally. Still, given that the support at 102.07/00 is intact and most ...
Asian Stocks Rebound From Biggest Decline in Seven Months
March 21st, 2014
Asian stocks rose, with a regional index of shares outside Japan rebounding from the biggest loss yesterday since August. Li & Fung Ltd. surged 18 percent in Hong Kong after the world’s largest supplier of clothes and toys to ...
FCA bans and fines trader for manipulating gilt price during QE
March 20th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority has announced that Mark Stevenson, a bond trader with nearly 30 years’ experience, has been banned from the industry and fined £662,700 for deliberately manipulating a UK government bond (gilt) ...
Stocks slump on Yellen rate hike remark
March 20th, 2014
Investors weren’t too thrilled by what they heard from Janet Yellen during her first meeting in charge of the Fed. The Dow fell more than 100 points, while the S&P 500 and Nasdaq also finished lower. Stocks were relatively ...
GECAS may spend $4 billion on ship, chopper investments: CEO
March 17th, 2014
GECAS, the world’s largest aviation leasing firm, is looking at investing at least $4 billion in ship financing and helicopter leasing to diversify its portfolio – a potential move that reflects concerns over the value of some current jets. ...
Siemens and RWE help European shares steady
March 17th, 2014
European shares were buoyed by gains in major German stocks Siemens and RWE on Monday, steadying after heavy losses in the previous week on concerns about geopolitical tensions in Ukraine. The pan-European FTSEurofirst 300 index, which fell 3.2 percent ...
Europe Stocks Rise as Crimea Vote Boosts Russia’s Micex
March 17th, 2014
European stocks rebounded from a five-week low while the yen and Swiss franc weakened and Treasuries declined after Crimea’s vote to leave Ukraine. Russian shares rallied after four days of declines while Ukraine’s hryvnia retreated. The Stoxx Europe 600 ...
