FOREX-Dollar index hovers at 23-month peak


Most major currencies held in tight ranges on light trading volume as Japan began its extended Golden Week holiday. China will observe its Labor Day holiday from Wednesday to Friday. A Federal ...

Forex Trading: AUDJPY Is Trending Downwards, and This May Continue


AUDJPY is currently consolidating at $79 level. Increase in the Bulls' momentum will increase the AUDJPY price to $82. Rising channel pattern formation confirmed on the 4-hour chart. On the long ...

FOREX-Euro hits 1-week peak on upbeat data, dollar retreats


Trading volume was muted by Japanese markets being closedfor the Golden Week holiday. Activity will likely drop offfurther on Wednesday when China and much of Europe will be offfor the May Day holiday ...

FBS To Carry On The Traditions Of Ramadan: Trading & Charity


FBS broker is being supportive to its Muslim clients' traditions, holding a special 'Ramadan' promo – a way to work on Forex while helping people ... giving Muslim clients a swap-free trading option. ...

Why Using Leverage is Popular in Forex Trading


While the word leverage is commonly used, few investors know the definition of leverage and how it is incorporated into their profits and losses. Leverage is a double-edged sword and while it can ...

Forex Firm Accused Of $75M Fraud Signs CFTC's Injunction


"Defendants did not use all of pool participants' funds to engage in forex trading and instead misappropriated the majority of pool funds — over $47 million — to make Ponzi payments and for ...

Major Changes on Tap for Forex Markets


Fundamentals: The euro continued to dig out of the lowest level since June 2017 as traders eye a deluge of information this week. TheU.S. Dollar Index surged higher by 1% last week ahead of the first ...

Forex Daily Recap – The Fiber Reflected Multiple Highs on the Backdrop of the USD Specific Events


This growing US Dollar also further pushed up the USD/JPY pair. The pair was trading at around 1.1168 levels at 15:15 GMT. The early hours of the day marked with a small correction and later hours ...

FOREX-Euro pops above $1.12 as growth data supports


On a year-to-date basis, it still remains one of the weakest currencies, falling more than 2 percent. Trading was broadly quiet with Japan on holiday with volumes set to get thinner on Wednesday when ...

Forex Trading: EURCHF Is Trending Downwards, and This May Continue


EURCHF is on the bullish movement on the long-term outlook. The bullish momentum that commenced on April 1 at the support level of $1.116 propelled the pair to reach the price level of $1.141.

FOREX-Yen gains on weak China data; European data eyed


Trading was thin with Japan on holiday, and set to get thinner on Wednesday when China and much of Europe will be off. Against a basket of currencies, the dollar was flat at 97.839. On a monthly basis ...

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