Trade Setups in Forex, Eyes on BOC Rate Decision!


Well, for now, keep an eye on 1535 to stay bullish until 1545 and 1549. Risk Warning: CFD and Spot Forex trading both come with a high degree of risk. You must be prepared to sustain a total loss of ...

FOREX-Dollar, yen slip as global tensions ease, pound rallies


In late U.S. trading, the dollar was last down 0.57% against a basket of major currencies, at 98.438. The yen fell against the dollar, which rose 0.38% to 106.36 yen. It also declined against the ...

FOREX-Swedish crown up on hawkish cbank; yen drops as risk appetite rebounds


The U.S.-China agreement to hold talks in October should not be seen as an incremental step towards resolving trade tensions, said Stephen Gallo, European head of forex strategy at ... Sterling was ...

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 ...

Forex Today: dollar keeps easing


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 ...

TD Bank to pay combined C$10.1 mln to settle forex trading charges


TORONTO, Aug 30 (Reuters) - Toronto-Dominion Bank has agreed to pay a combined C$10.1 million ($7.6 million) to settle charges of foreign exchange trading malpractices brought against the Canadian ...

FOREX-Japanese yen plunges, Chinese yuan jumps on US-China trade hopes


The yen plunged to a three-week low of 106.75 against the dollar, although it was last trading neutral at 106.41. The Chinese yuan rose to a two-week high of 7.1213 against the dollar in the offshore ...

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: USD stumbles, trade war hits another hurdle


Investing.com –The US dollar fell slightly to open the trading day in Asia Wednesday, with trade talks between the U.S. and China hitting yet another hurdle and stock markets falling on Tuesday ...

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 ...

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Mugenda: How I landed into forex trading

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

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China's August Forex Reserves Rise to $3.1072 Trillion

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