ASIC Commissioner: Retail FX Trading On The Rise in Australia


Interest in over-the-counter (OTC) foreign exchange (forex) trading is growing among retail investors in Australia. That's according to a speech on Wednesday by Cathie Armour, Commissioner of the ...

EUR/USD Forex Technical Analysis – Straddling Weak Side of Short-term Retracement Zone


The Euro is trading lower against the U.S. Dollar late Thursday as better-than-expected U.S. retail sales data on Thursday eased fears that the U.S. economy could be headed for a recession despite ...

FOREX-Dollar rises on bullish data, euro's fall


12," said Manimbo. The biggest move against the dollar was in Norway's crown, which dropped to more than a 17-year low of 9.0375 against the greenback in early Friday trading. The crown extended its ...

Forex Daily Recap – USD/CNY Bears Stuck at 7.0236 Fib Level


Anyhow, bulls seemed to remain muted since the last few trading sessions. Meanwhile, the MACD line and the signal line of the MACD technical indicator continued to stay below the zero line, sustaining ...

What Role Does Luck Play in Forex Trading?


The saying 'The harder I practice, the luckier I get' is usually attributed to golfing legend Gary Player, although this is open to dispute. What can't be disputed, however, is the sense which the ...

AFCA Receives Complaints Against Forex Financial Services


Specifically, the complaints state that consumers have been unable to withdraw funds via the online trading website. However, Forex Financial Services has responded, stating that a clone firm has ...

FOREX-Euro drops to two-week low against the dollar


Measured against a basket of six major currencies .DXY ,the dollar was higher in the early London trading at 98.210. Ithas recovered by about 1% from its three-week low on Aug. 9. Data showing U.S.

Orion Star Capital Releases Free Forex Tick Data


Orion Star Capital a leading provider of online foreign exchange (Forex) and commodity trading services has released free Forex tick data for the most popular currency pairs. Members can import weekly ...

FOREX-Norway's crown slides to 17-year low, euro drops on rate expectations


The biggest move however was in Norway's crown, which dropped to more than a 17-year low of 9.0390 against the greenback in early Friday trading. Better-than-expected retail sales data in the United ...

FOREX-Dollar holds advantage for now, traders still wary about global growth risks


During Asian trading the dollar briefly extended gains and the yen fell as Japanese stocks erased early losses to trade higher and as U.S. Treasury yields rose slightly. The move quickly faded, ...

FOREX-Yen climbs as U.S. recession gauge flashes red


The yen, which was already trading stronger on the day ... haemorrhaging growth," said Stephen Gallo, European head of forex strategy at BMO. Data on Wednesday showed that the Chinese economy ...

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