FOREX-Dollar soars, kicking euro, sterling to multi-year lows


"You want to stay short euro and sell the rallies," said Stephen Gally, European head of forex strategy at BMO Capital Markets. Data from the Commodity Futures Trading Commission shows that hedge ...

CME Group Reports Drop in FX Trading in Q2, Revenues Grow


In terms of trading, the daily average volume (ADV ... Breaking down the quarterly ADV into products, the number of foreign exchange (forex) futures and options on futures contracts traded were ...

Forex today: Fed saved the Dollar's skin with a less-dovish cut


Yen is trading at the highest since May 31. Having slipped to the two-week low, Gold prices recover to $1415.20 during Thursday's Asian session. The yellow metal earlier slumped after the US Federal ...

FOREX-Buoyed dollar sends euro, sterling to 2 1/2-year lows


The euro was last down 0.3% at $1.1040, near the 26-month low of $1.1034 it reached in Asian trading. In the past three months, the euro had shed 1.3% against the dollar. The index that tracks the ...

FOREX-Dollar climbs as lengthy Fed easing ruled out, sterling's Brexit pains worsen


The dollar's gains quickly accelerated versus the yen earlyin Asian trading in response to a flattening of the U.S.Treasury yield curve and a rise in 10-year Treasury yields fromlows set in New York ...

Forex Daily Recap – Fiber Plummeted to a 2-year Low Post-Fed Rate Cut Decision


However, the bulls attempted to test the 1.1158 resistance in the European trading session. Anyhow, the aforementioned resistance, in combination with a major counter trendline pushed the pair ...

Malawi: Forex Down As Malawi Tobacco Sales Take Nose Dive


bringing fears that the country might face forex shortages. Tobacco farmers sad with low prices Statistics show that on the 14th week of trading on auction floors, tobacco has fetched K138 billion. ...

Risk Management – How To Not Lose Money Trading Forex


When it comes to trading, one of the most critical aspects of the whole process is proper risk management. Whenever you open a new account, you can see that text on the bottom of the page, stating ...

Student rakes in £100K through Forex trading


A student has turned £200 into £100,000 by playing the money markets - to fund his studies to become a heart surgeon. Gurvin Singh, 20, said he has always wanted to be a doctor after frequent stints ...

Forex Today: King Dollar held the head high, Antipodeans saved by China data, all eyes on BOE now


EUR/USD is on the defensive, courtesy of not-so-dovish rate cut by the Fed. The currency pair is currently trading at 1.1046, having hit a low of 1.1034 a few minutes before press time. That was the ...

FOREX-Dollar firm in countdown to Fed verdict, pound struggles


while the British pound steadied after losing 3% overthe past four trading days. The Federal Reserve is expected at 1800 GMT to announce itsfirst rate cut since 2008 and 78% of traders now price a ...

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