BitGo Hires Former Wall Street Forex Trading Exec


Crypto custody provider BitGo has hired Nick Carmi, former head of forex trading at a number of Wall Street banks. Carmi became BitGo's head of financial services, joining the company after ...

Venezuela loosens currency exchange controls to allow forex trading


CARACAS (Reuters) - Venezuela will allow local banks to open foreign currency trading platforms as part of a loosening of the OPEC nation's exchange controls, according to a central bank resolution ...

10 Trading Mistakes to Avoid in Forex Trading


Please fill out this field. I'd like to receive information from DailyFX and IG about trading opportunities and their products and services via email. But don't just read our analysis - put it to the ...

How do trading hours and different time zones across the globe affect Forex trading?


There are a number of fascinating facts that surround the global forex market, but some are undoubtedly more striking than others. Take the fact that the forex trading market is currently worth a ...

BitGo Hires Ex-FX Trading Executive as Head of Financial Services


Cryptocurrency custody provider BitGo has appointed Nick Carmi, a forex trading veteran, as its head of financial services. He is joining the Palo Alto-headquartered firm from Tower Research Capital, ...

Forex Daily Recap – Poor CPI Data Pushed Down the Greenback Near 97.14 Weekly Low Levels


The Greenback computed against the six major rivals was trading near 97.33 levels at 18:16 GMT. Traders started trading the Fiber near 1.1220 levels on Friday. With small upthrusts every hour ...

23-year-old making handsome profits from forex trading


When he joined Technical University of Kenya in 2014 to study actuarial science, Paul Mugenda's parents would send him money, but just enough to get by. To liberate himself from this occasional ...

Algorithmic Trading Market Worth $18.8 Billion by 2024 - Exclusive Report by MarketsandMarkets™


CHICAGO, May 9, 2019 /PRNewswire/ -- According to a new market research report "Algorithmic Trading Market by Trading Type (FOREX, Stock Markets, ETF, Bonds, Cryptocurrencies), Component (Solutions ...

US China Trade War Uncertainty Continues to Stir Forex Volatility


CNY has come under pressure as forex traders react to the reduced likelihood that ... Mexico has taken place as America's top trading partner. Tariffs on Chinese goods stymied the country's exports to ...

SGX Sees 111% YoY Increase in USD/CNH Futures Trading in April


So far, last month has proven to be difficult for trading venues, particularly for foreign exchange (forex), however, SGX has reported overall positive results. During the month of April, the ...

FOREX-Yen surges to 3-month high on fears of U.S. tariffs


According to the latest Commodity Futures Trading Commission data, speculators have further raised their net long dollar bets, including those against the yen. Trump said on Wednesday that China ...

Read full article on forex trading

Comments

Post a Comment

Popular posts from this blog

Mugenda: How I landed into forex trading

Image
Mr. Paul Mugenda, a forex trader based in Nairobi (PHOTO: Courtesy) The need to cope with the rising living standards has led many Kenyans into different creative ways of making an extra coin to take ... Canadian regulator summons RBC, TD Bank over forex malpractice charges Both banks failed to sufficiently supervise and control their forex trading businesses from 2011 to 2013, the province says in its statements of allegations. Furthermore, certain compliance ... Forex Daily Recap – 38.2% Fibo Level Stopped the Ninja Bulls amid G7 Summit On the economic calendar, the German IFO data releases grabbed market attention in the Asian trading session. Nonetheless, the IFO data reported adverse data, allowing the bears to take control over ... Indispensable Forex Trading Application Launches For Investors, Seeks Marketing Partners With FxTrendSignals, international investors can instantly track market prices in real-time by set price alarms, viewing economic calendars, and monito...
Read more

FOREX-Dollar holds steady on reduced bets on steep U.S. rate cut

Image
In late U.S. trading, the dollar was up 0.57% at 107.790 yen , while the euro was 0.58% higher at 122.585 yen . The greenback was little changed against the euro at $1.1372. The dollar index edged ... How To Structure A Trading Business For Significant Tax Savings If you actively trade securities, futures, forex or crypto, consider setting up a trading business to maximize tax benefits. With a sole proprietorship, a trader eligible for trader tax status (TTS) ... FOREX-Dollar inches higher after Fed checks aggressive easing views The scaling down in expectations for large rate cuts from the Fed also knocked gold prices by more than 1%, putting the precious metal on course for its first decline in seven trading sessions. The ... INTL FCStone Ltd Launches FX Trading App on Integral Platform the British subsidiary of INTL FCStone Inc., to launch a forex trading app built on the Integral platform. By partnering with Integral, the FCA-authorised firm is able to expand its mobile...
Read more

China's August Forex Reserves Rise to $3.1072 Trillion

Image
It is currently trading at 11-1/2 year lows. China allowed the yuan to break through the closely watched 7-per-dollar level on Aug.5 for the first time since the global financial crisis, days after ... FOREX-China stimulus boosts Aussie, kiwi; markets await U.S. jobs data The Chinese currency in the offshore market extended gains and was trading up 0.4% against the greenback at 7.1120 yuan. The Australian dollar - its fortunes closely intertwined with the Chinese ... FOREX-Dollar dips on mixed U.S. jobs data, Powell hints at rate cuts "The jobs data were sufficiently mixed," said Marc Chandler,chief market strategist at Bannockburn Global Forex LLC in NewYork ... senior marketanalyst at OANDA in New York. In late U.S. trading, an ... Forex Today: Will Non-Farm Payrolls and Powell keep markets happy? the shared currency. GBP/USD is trading around 1.2300 as opposition parties vow to prevent a no-deal Brexit before agreeing to elections. The House of Lords is set to ...
Read more