Kabu Rises from Summer Lull, Sees Uptick in August FX Trading


despite there being one less trading day in August than there was in the previous month. The over-the-counter (OTC) monthly foreign exchange (forex) trading value came in at ¥2.64 trillion ($24.84 ...

Forex Today: Brexit dominates it all


The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not ...

FOREX-Dollar, yen fall as global tensions ease


"This is providing a little bit of unwinding of some dollar bullish positions." In mid-morning trading, the dollar was last down 0.4% against a basket of major currencies, at 98.656. The yen fell ...

Currency Wars: Forex Intervention - Does it Work?


Coordinated forex intervention is generally more effective than unilateral ... thereby avoiding any criticism from other trading partner countries. Reserve Management is used with a managed float, a ...

Investors Land Partial Certification In Forex Suit


Schofield denied certification for the broad class of individuals who entered into over-the-counter forex trades with one of the Credit ... investigations into the banks' foreign exchange trading ...

Mugenda: How I landed into forex trading


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 ...

Back to School for Forex Brokers


Leverage has always been a talking point for the forex sector. While leveraged trading can magnify profits, it can also increase losses, which is why the Cyprus Securities and Exchange Commission ...

Millionaire By Choice An inspiring Journey of a Young Indian who builds Forex Empire in 10 years


Mumbai – Sep 2, 2019 – Shveta Natu recently launched her book Millionaire by Choice on Kindle and in paperback edition to inspire investment enthusiasts who aspire to participate in highly profitable, ...

Forex Today: Aussie jumps on Australian Q2 GDP; UK Services PMI, Brexit vote eyed


the Australian dollar emerged the strongest across the fx board in Wednesday's Asian trading. AUD/USD extended Tuesday's recovery and reached weekly tops of 0.6785 even though the Australian economy ...

UPDATE 1-RBC, TD Bank to pay C$24.5 mln to settle forex trading charges -regulator


TORONTO, Aug 30 (Reuters) - Royal Bank of Canada and Toronto-Dominion Bank have agreed to pay a combined C$24.5 million ($18.5 million) to settle charges of foreign exchange trading malpractices ...

FOREX-Sterling on backfoot as political turmoil dogs Brexit process


The yuan will come into focus during Asian trading after it slipped to a record low versus the dollar in offshore trade due to fading hopes for a resolution to the U.S.-China trade war. The pound is ...

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